TribLIVE

| Opinion/The Review


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Lawsuit a joke

Email Newsletters

Click here to sign up for one of our email newsletters.

Letters home ...

Traveling abroad for personal, educational or professional reasons?

Why not share your impressions — and those of residents of foreign countries about the United States — with Trib readers in 150 words?

The world's a big place. Bring it home with Letters Home.

Contact Colin McNickle (412-320-7836 or cmcnickle@tribweb.com).

Daily Photo Galleries

Letter to the Editor
Thursday, April 11, 2013, 8:55 p.m.
 

I find it interesting that the City of Pittsburgh (e.g., Mayor Luke Ravenstahl) is up in arms over the tax-exempt status of health-care giant UPMC. When you pay your CEO over $3 million a year and your other top executives make over $500,000 a year, you open yourself up to scorn, scrutiny and ridicule. That being said, there is a difference between a “not-for-profit” and a “nonprofit” organization.

The latter operates to not make a profit and generally requires funds from donors (foundations, individuals, corporations, government, etc.) for its existence.

The former can/does make a profit, but that is not the intent of its existence. A “not-for-profit” more than likely puts these profits back into the entity, and if it happens to make money, so be it, but that is not the be-all and end-all like it is for a for-profit entity.

For the city to cry foul is a joke! The mayor and council have run Pittsburgh into the ground, and in typical liberal fashion, they still do not realize they have a spending problem; they think they have a revenue problem!

People are leaving in droves (present company included) and yet these stalwarts still do not get it.

Norman F. Hargraves IV

Scott

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Letters

  1. Confederate flags & violence
  2. Tarentum lucky
  3. ACA ruling good
  4. True Confederate flag meaning
  5. Few buy Confederate flags
  6. Redoing education funding
  7. Empty Century III Mall predicted
  8. BDS decried
  9. In depth: What else are feds hiding?
  10. White, black & biracial
  11. Drop penny first