Submitted by byndrsn t3_117hn1u in Pennsylvania
ktxhopem3276 t1_j9gcum9 wrote
Reply to comment by drxdrg08 in Court ruling puts Pottstown Hospital back on the tax rolls by byndrsn
Money changing hands isn’t always classified as a profit motivation which is receiving money as a result of prior capital contribution to the entity.
The definition of profit doesn’t include an employees salary even though there is a link between them. It gets a little tricky with executive bonuses and how much influence they have at deciding their own compensation but these large non profits have a lot of lawyers to figure that out
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