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Community Corner

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Can someone answer a question and explain how a LOV's Bingo Game which has 40+ people weekly and has for several years show an Income of $1,422,564 on their 2011- 990 IRS Filing - with a revenue after expenses of $60,156 and they did not pay the School District the $109,000 in over due Rental fees. They also claimed $41,818 for "Occupancy" i.e. Rent and did not pay the School District a DIME? Can someone please Post an explanation?????

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