I guess you can't have $4.2 Billion surplus in the bank, pay your CEO $5 Million/yr. and still call yourself a non-profit. Bummer.
California's Franchise Tax Board apparently revoked the non-profit last August and ordered the company to file State taxes for 2013 forward. The news is just now coming out.
More information is in the LA Times article.
Wednesday, March 18, 2015
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