Hank, another great explanation. I’ve been following this corporation thing for well over a year. It took some time to comprehend it. I thank you and others for exposing this.
I was going to ignore your comments until you called me stupid. I am not stupid and there is no "plan". If you really believed there was a problem with the concept of a non-profit domestic corporation being the legal structure of a political party (they are not mutually exclusive) you would attack the Democratic Party of Georgia, Inc. who has been operating since 1987. Your methods are the only madness I can find.
Laurie, one thing the GRP Treasurer/GRP, Inc. CFO would be wise to check is whether the tax ID numbers of those two separate entities are the same, or different. I question whether it would be lawful for two entities, under different titles of law, to have the same tax ID number. A banker doing his or her job should not allow the Georgia Republican Party to transfer its tax ID over to a corporation of the same name. If they are the same, that is likely an IRS problem. If they are different, that would be a problem with the portrayal of these entities being the same under law, which they are not, problems either way. And I would caution against depositing checks written to the Georgia Republican Party into a Georgia Republican Party, Inc. bank account. Doing so could be considered theft by deception or a form of embezzlement. And since you are the one in charge of GRP/GRP Inc. finances, the responsibility for all that would fall on you. This is what you walked into when people around you are not dealing straight up. The "Inc." entity should be dissolved immediately, liability issues dealt with using insurance, before the weight of law or an election catastrophe occurs, at which time all this would become a matter for the courts, either criminal or civil, maybe both.
Laurie, you are too new to this for me to include you in this group. I asked you about this arrangement when you spoke to the Forsyth County GOP. At that time, you had not looked into this, and said you didn't know of a problem. I am bring the problem to you. I am explaining the problem about as well as it can be explained. You have a chance to understand the problem and work to fix it. And it is a problem. Now that you know the problem, you are placed on notice and the members of the Republican Party, (note, there are no members of Georgia Republican Party, Inc.) expect it to be resolved without delay.
Regarding the Georgia Democratic Party, I do not know what they use the Democratic Party, Inc. entity for. But they do not use it to run their political party affairs. While the Georgia Republican Party has simply used a word processing program to place "Inc." after its name on the former Georgia Republican Party Rules, now becoming "Georgia Republican Party, Inc." rules, the Georgia Democratic Party has done no such thing. The GDP does not portray itself nor operate as if it is under a "corporate shell." I have explained this idea of operating under a corporate shell. You as a CPA ought to understand this implicitly. The GRP, Inc. corporation is NOT the Georgia Republican Party. There is no procedure in law to make it that way. There is no set of transactions that can transfer the AUTHORITY of the Georgia Republican Party, an entity created under Title 21, to operate under a corporation entity created under Title 14. You could transfer assets and liabilities, but you cannot transfer lawful AUTHORITY and BOUNDARIES of AUTHORITY from a Title 21 entity to a Title 14 entity. If a Title 21 entity can operate as a Title 14 entity, then a Title 14 entity can operate as a Title 21 entity. That means Delta Airlines, Inc. can become its own political party and expect ballot access for the candidates it nominates. That is the danger toward which all this is leading.
And so, I will apologize to you, but only you, because you are new. I do apologize. BUT, I now challenge you to understand all this better and to take steps to remedy this unlawful situation without delay.
At the link below, you will find the Rules of the Georgia Democratic Party. There are no references to any corporate entity, which is as it should be. There is no reason for a corporate entity operating as a political party. These GRP, Inc. rules do not even make sense within the terms it uses. None of that is lawful and must be remedied without delay. I am glad I got your attention. This must be fixed.
Evil has taken over both parties in Georgia. Seems like this might be a good time for the rise of a third party.
Hank, another great explanation. I’ve been following this corporation thing for well over a year. It took some time to comprehend it. I thank you and others for exposing this.
As for your closing question, the answer is “neither.”
I was going to ignore your comments until you called me stupid. I am not stupid and there is no "plan". If you really believed there was a problem with the concept of a non-profit domestic corporation being the legal structure of a political party (they are not mutually exclusive) you would attack the Democratic Party of Georgia, Inc. who has been operating since 1987. Your methods are the only madness I can find.
Laurie, one thing the GRP Treasurer/GRP, Inc. CFO would be wise to check is whether the tax ID numbers of those two separate entities are the same, or different. I question whether it would be lawful for two entities, under different titles of law, to have the same tax ID number. A banker doing his or her job should not allow the Georgia Republican Party to transfer its tax ID over to a corporation of the same name. If they are the same, that is likely an IRS problem. If they are different, that would be a problem with the portrayal of these entities being the same under law, which they are not, problems either way. And I would caution against depositing checks written to the Georgia Republican Party into a Georgia Republican Party, Inc. bank account. Doing so could be considered theft by deception or a form of embezzlement. And since you are the one in charge of GRP/GRP Inc. finances, the responsibility for all that would fall on you. This is what you walked into when people around you are not dealing straight up. The "Inc." entity should be dissolved immediately, liability issues dealt with using insurance, before the weight of law or an election catastrophe occurs, at which time all this would become a matter for the courts, either criminal or civil, maybe both.
Laurie, you are too new to this for me to include you in this group. I asked you about this arrangement when you spoke to the Forsyth County GOP. At that time, you had not looked into this, and said you didn't know of a problem. I am bring the problem to you. I am explaining the problem about as well as it can be explained. You have a chance to understand the problem and work to fix it. And it is a problem. Now that you know the problem, you are placed on notice and the members of the Republican Party, (note, there are no members of Georgia Republican Party, Inc.) expect it to be resolved without delay.
Regarding the Georgia Democratic Party, I do not know what they use the Democratic Party, Inc. entity for. But they do not use it to run their political party affairs. While the Georgia Republican Party has simply used a word processing program to place "Inc." after its name on the former Georgia Republican Party Rules, now becoming "Georgia Republican Party, Inc." rules, the Georgia Democratic Party has done no such thing. The GDP does not portray itself nor operate as if it is under a "corporate shell." I have explained this idea of operating under a corporate shell. You as a CPA ought to understand this implicitly. The GRP, Inc. corporation is NOT the Georgia Republican Party. There is no procedure in law to make it that way. There is no set of transactions that can transfer the AUTHORITY of the Georgia Republican Party, an entity created under Title 21, to operate under a corporation entity created under Title 14. You could transfer assets and liabilities, but you cannot transfer lawful AUTHORITY and BOUNDARIES of AUTHORITY from a Title 21 entity to a Title 14 entity. If a Title 21 entity can operate as a Title 14 entity, then a Title 14 entity can operate as a Title 21 entity. That means Delta Airlines, Inc. can become its own political party and expect ballot access for the candidates it nominates. That is the danger toward which all this is leading.
And so, I will apologize to you, but only you, because you are new. I do apologize. BUT, I now challenge you to understand all this better and to take steps to remedy this unlawful situation without delay.
At the link below, you will find the Rules of the Georgia Democratic Party. There are no references to any corporate entity, which is as it should be. There is no reason for a corporate entity operating as a political party. These GRP, Inc. rules do not even make sense within the terms it uses. None of that is lawful and must be remedied without delay. I am glad I got your attention. This must be fixed.
https://www.georgiademocrat.org/wp-content/uploads/2021/11/DPG_Charter_and_Bylaws_20210828.pdf
Ummm . . . You misspelled “fallacy”. More than once.
Ha! Thank you. Spell checker on Substack leaves a little to be desired.