Latest Breaking News

pstokely

(10,545 posts) Fri Mar 8, 2013, 02:15 AM Mar 2013

Luxury senior center wants non-profit status, would cost Kirkwood $1 million

Source: KMOV.com

(KMOV.com) -- A luxury living center in St. Louis County is trying to get out of paying tax bill, and the county assessor is having a hard time seeing why.
The owner of Aberdeen Heights, Presbyterian Manors of Mid-America, wants to make the luxury retirement center a non-profit facility.
It already has 18 similar non-profit communities across the country.
St. Louis County Assessor Jake Zimmerman says he doesn’t know what’s going on in other states, but in St. Louis County he expects non-profits to be more charitable if they want to be exempt from paying taxes.

Read more: http://www.kmov.com/news/local/Luxury-senior-center-wants-non-profit-status-would-cost-Kirkwood-1-million-196238761.html

2 replies

= new reply since forum marked as read

Highlight:

Luxury senior center wants non-profit status, would cost Kirkwood $1 million (Original Post) pstokely Mar 2013 OP

The only way they can get the exemption status is if they buy off or blackmail everybody. Selatius Mar 2013 #1

But, Sherman A1 Mar 2013 #2

Selatius

(20,441 posts)

1. The only way they can get the exemption status is if they buy off or blackmail everybody.

Reply to pstokely (Original post)

Fri Mar 8, 2013, 02:35 AM

Mar 2013

If they were as rich as Wall Street bankers and had that kind of resources, they probably could've done that.

Sherman A1

(38,958 posts)

2. But,

Reply to pstokely (Original post)

Fri Mar 8, 2013, 05:27 AM

Mar 2013

It's a luxury senior center therefore they are entitled to pay no taxes.

Reply to this discussion

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.