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On Feb 2, 7:00*am, Jim Beckman wrote:
At 15:27 01 February 2009, Papa3 wrote: So, I do believe a lot of it comes back to land. * Specifically, the fact that land use policy (or lack thereof) in the US means that a flat piece of land within say 90 minutes drive of most major metropolitan areas is going to run into the several $milions. * *For instance, a 30 acre property in a place equidistant from say NYC and Philadelphia would set you back about $1M minimum... Do you happen to know how taxes affect US clubs that own their own fields? *I suppose it varies from state to state, but some of these clubs have pretty valuable pieces of land. *Being set up as a non-profit organization might help some, but I don't know if it would exempt the group from taxes. On the other hand, the way to save money is to be a church. *Any club that could set itself up as a religion would have it made. *Maybe the Reverend Charlie Spratt (or should I say Father Charlie?) would be interested in consecrating a few bishops around the country to establish branches of the Church of the Rising Air. *Yeah, that's the way to go. *It worked great for L. Ron Hubbard. Jim Beckman (Rev.-to-be) 18-20 US SSA chapters are 501c(3) charitable, tax exempt, non-profit organizations and I believe one large club is currently in the process of seeking the determination. There are additional foundations acting as pass through agents and a couple that own the gliderports and lease to clubs. At least on other medium sized club is exploring the topic. In an overview of a couple that own their gliderports, they are about $30,000/year better off as a result through real and sales tax exemptions and charitable donations. You are correct that not all localities or states allow full real property tax exemptions, but many have non-profit rate schedules. The topic requires some education. The SSA Clubs and Chapters Committee is willing to offer insight, guidance, and possibly assistance, but the effort and benefit belong to the club and hopefully to the growth of soaring. Frank Whiteley |
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