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NoiseInsideMyHead

Driving in Grand Forks

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59 minutes ago, TheFlop said:

Apparently it's a great time to be in the "non-profit" business when a church can buy an entire mall and slowly turn it into compound one tax exempt space at a time as the leaseholders are forced out.  

Why does this remind me about the plot of Fletch Lives?

Indoor Farnsworth amusement park?

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22 minutes ago, Frozen4sioux said:

Why does this remind me about the plot of Fletch Lives?

Indoor Farnsworth amusement park?

Or a "non-profit" like NDAD buying a for profit bar.........Fletch Lives....great flick.

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54 minutes ago, TheFlop said:

Or a "non-profit" like NDAD buying a for profit bar.........Fletch Lives....great flick.

Revenues for the bar are taxable and they still pay real estate taxes.

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33 minutes ago, jdub27 said:

Revenues for the bar are taxable and they still pay real estate taxes.

I get that.  I've always thought it just seemed a little off when a non-profit is doing so well that it can buy buildings/businesses that are unrelated to the nature of the non-profit.  I view it almost like if the United Way decided to buy out Super Valu.  I know it's not illegal, but it makes me personally not want to donate when I know the funds are going for outside investments.  

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3 hours ago, TheFlop said:

Apparently it's a great time to be in the "non-profit" business when a church can buy an entire mall and slowly turn it into compound one tax exempt space at a time as the leaseholders are forced out.  

hope church has already told rumors and kmart taht their leases won't be renewed....three or four years or less on both (kmart will probably bc a quasi retirement home/ nursing home)

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1 minute ago, SIOUXFAN97 said:

hope church has already told rumors and kmart taht their leases won't be renewed....three or four years or less on both (kmart will probably bc a quasi retirement home/ nursing home)

Seems like a massive waste of location that doesnt serve the public interest. 

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1 hour ago, SIOUXFAN97 said:

hope church has already told rumors and kmart taht their leases won't be renewed....three or four years or less on both (kmart will probably bc a quasi retirement home/ nursing home)

A nursing home is doubtful.  There is a moratorium on NSG Home beds in ND, meaning they would need to purchase bed licenses from existing nursing homes.  A company can not just decide to build a nursing home without purchasing beds.  I  Have not heard of anyone doing that in GF other than Valley Memorial Homes who is already building there addition at 4000 Valley Square.  Maybe an Assisted Living, but again, I have not heard anything on that front either.  

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1 hour ago, SIOUXFAN97 said:

hope church has already told rumors and kmart taht their leases won't be renewed....three or four years or less on both (kmart will probably bc a quasi retirement home/ nursing home)

Rumors wanted to expand into the newly vacant Jack's Shoes space but were denied so that's not surprising.  A bar and retail fit in with a traditional mall scheme but not with a religious compound I suppose.  Everytime Hope can kick out a business and re-label the space as "Hope Library" or "Hope Daycare" or "Hope Administrative Office" the space becomes tax exempt.  A great racket if you can get it I suppose. 

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35 minutes ago, dmksioux said:

A nursing home is doubtful.  There is a moratorium on NSG Home beds in ND, meaning they would need to purchase bed licenses from existing nursing homes.  A company can not just decide to build a nursing home without purchasing beds.  I  Have not heard of anyone doing that in GF other than Valley Memorial Homes who is already building there addition at 4000 Valley Square.  Maybe an Assisted Living, but again, I have not heard anything on that front either.  

let's just call it a place for old people to live/retire (and then wheeled down to the other side every sunday morning)

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14 minutes ago, gfhockey said:

What better way to take people’s money then an old folks home

Yep.  Most churches depend on getting just part of old people's money via offerings.  Hope church is gonna get every penny of people's money once they get old with the built in old folks home.  Heck, with a good midwife someone could live from cradle to grave without leaving the compound!

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On 5/10/2018 at 3:19 PM, SIOUXFAN97 said:

hope church has already told rumors and kmart taht their leases won't be renewed....three or four years or less on both (kmart will probably bc a quasi retirement home/ nursing home)

Kmart was there before any of the mall was built, even had a grocery store. Seemed like they owned their own space.

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