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  #11  
Old 03-19-2008, 04:08 PM
sageofages sageofages is offline
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Quote:
Originally Posted by 33girl View Post
I never thought of RHS as a nonprofit thing - to me it's the same as a country club, and those definitely aren't nonprofit.
Actually most country clubs are 501(c)7 organizations - recreational club organizations, so they are not for profit, even if they are high end.

I wrote to the founders of the Blue Thong Society and received this response from their corporate attorney:

“In response to your questions regarding the corporate status of Blue Thong Society, Inc., here is the information that should help you. Blue Thong Society, Inc. is a privately owned corporation that is operated on a “for profit” basis. It is not a 501(c) charitable organization. The Board of Directors are elected by the shareholders who are the owners of the company. I hope this answers your questions.”


Short translation....we are in the business to make our founders very wealthy women.

So I quit.
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