Monday, December 12, 2011

NOM's Financial Records are Published


Well, we get to see NOM's financial records FINALLY! However, there's a catch; there are no names listed. Still, we can see there are some issues with the numbers:

Under IRS rules regarding nonprofit entities with 501(c)3 and (c)4 status, all donations above $5,000 must be disclosed. Of the 22 contributions NOM’s (c)4 was obligated to list, all but five were greater than $5,000.
The top five contributions to the National Organization for Marriage, Inc.:
  1. $3,416,000
  2. $2,940,000
  3. $750,000
  4. $600,000
  5. $400,000
NOM regularly sends out fundraising emails and mailers – usually addressed “Dear Marriage Supporter” – asking for donations of $5, $10, $100, maybe $1,000. Occasionally, NOM will offer to match donations, thanks to a generous million-dollar donor. The Donate! page on NOM’s website includes the following disclaimer:
Contributions or gifts to the National Organization for Marriage, a 501(c)(4) organization with QNC status [this is a typo for CNC status – “currently not collective"], are not tax-deductible. The National Organization for Marriage does not accept contributions from business corporations, labor unions, foreign nationals, or federal contractors; however, it may accept contributions from federally registered political action committees. Donations may be used for political purposes such as supporting or opposing candidates. No funds will be earmarked or reserved for any political purpose.
Back in July, Gallagher told TAI that NOM has 50,000 donors. But many of NOM’s critics believe the organization is funded by a few wealthy donors.
“The National Organization for Marriage is primarily a shell group that exists to funnel funding from secret anti-gay donors,” said Evan Wolfson, the founder and president of Freedom to Marry, a national campaign started in 2003 whose mission is to legalize marriage for gay and lesbian couples nationwide. “[NOM] undermines and tries to overturn campaign finance and disclosure laws in states all over the country. They have proven themselves to be untrustworthy.”
In September 2010, The Washington Independent, TAI’s predecessor, reported that Catholic charity group the Knights of Columbus donated $1.4 million to NOM in 2009, an amount that did not appear of NOM’s Form 990.
And there's more, I just gave y'all a sample. Please check out The Washington Independent for the full meal deal.

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