Saturday, August 5, 2017

Detroit Land Bank Authority Rumor Updates: 8-5-2017

Well, as rumor has it...

The day after my magical day in court, it seems the DOJ and FBI decided to make an unexpected visit to the City of Detroit Procurement Division heads.

What the purpose of the visit is, I do not know, but I can have some fun speculating.

Procurement deals with contracts.

It might be related to the fact that the Detroit Land Bank Authority, who claims to be a QGO of Detroit, is listed as a creditor in the Detroit bankruptcy filings, but, hey, what do I know?

Next rumor.

Well, it seems Detroit Land Bank Authority might be up to its ole revenue maximization schemes, again.

The Detroit Land Bank Authority claims vacancies have decreased.

Motor City Mapping cites the converse.

I say if you allow the properties to be burnt down, stripped, and left to the elements, eventually, one must use those blight funds to refurbish through mortgages and loans, you know, the regular hustle stuff.


I only say this because Motor City Muckrucker filed FOIA on street plowing data, but the city did not maintain records, which is indication to some revenue maximization activities.

Another rumor coming out the Office of Michigan Attorney General, Charity Division, is that the Clinton Foundation, EIN 31-1580204, Donna Shalala, has requested and has been granted renewal/reporting filings until 12-31-2017.

CS  21703            Bill, Hillary & Chelsea Clinton Foundation
Mailing Address: Bill, Hillary & Chelsea Clinton Foundation
610 President Clinton Ave
Little Rock, AR 77201
Phone:(501)371-9544
Email: mmcvey@clintonfoundation.org
Website: www.clintonfoundation.org
ORGANIZATIONAL INFORMATION
Entity Type: CorporationState Established: ARDate Created: 10/23/1997
501(c)(3): YesEIN: 31-1580204
Purpose Statement: THE CLINTON FOUNDATION CONVENES BUSINESS, GOVERNMENTS, NGOS, AND INDIVIDUALS TO IMPROVE GLOBAL HEALTH AND WELLNESS, INCREASE OPPORTUNITY FOR WOMEN AND GIRLS, REDUCE CHILDHOOD OBESITY, CREATE ECONOMIC OPPORTUNITY AND GROWTH, AND HELP COMMUNITIES ADDRESS THE EFFECTS OF CLIMATE CHANGE.
FILING STATUS
Solicitation Registration Status Charitable Trust Registration Status 
Registered - Expiration Date: 12/31/2017Exempt
FINANCIAL INFORMATION
Data is taken from the organization's IRS return or, if no return
was filed, from its solicitation registration or financial statements.
Period Ending 12/31/2015
Total Revenue   $116,082,508.00
Total Expenses   $98,877,350.00
Revenue Less Expenses$17,205,158.00
Reports Filed   990/CPA Audit
Total Assets   $359,923,364.00
Net Assets   $346,608,921.00
Expense breakdown
                       % of Total
Expenses
     Charitable Programs
          Program Services $75,223,904.0076.08 %
     
     Supporting Services      
          Mgt & General* $18,203,780.0018.41 %
          Fundraising* $5,449,666.005.51 %
     Total Supporting Services $23,653,446.0023.92 %      
*If an organization files IRS Form 990-EZ or 990-PF, Supporting Services expenses may not be broken down into Mgt & General and/or Fundraising.
PROFESSIONAL FUNDRAISERS

This organization has, or recently had, contracts with the following professional fundraisers.
Contact the Charitable Trust Section if you would like a copy of a contract or other information.

Charity /
Professional Fundraiser
Contract Type 
Bill, Hillary & Chelsea Clinton Foundation /
AB Data
Consulting
Clinton Bill Hillary Chelsea Foundation /
Anne Lewis Strategies LLC
Consulting

After 3 years of operations, and not filing anything, I guess they need extra time to come up with something to skirt that  pesky <$100M audit, because, as rumor has it, the Clinton Foundation, or rather Clinton Global Initiative (same thing) was the one who set up the Detroit Land Bank Authority and is probably operating its money laundering through the Detroit Land Bank Community Development Corporation, but hey, what do I know?

Then, rumor has it the City of Detroit is going bonkers trying to maintain records for its street sweeping program, I affectionately like to call, "Operation Re-election: Mayoral Primary 2017" because they believe the DOJ and FBI might just, also, come and do a wellness check on its bookkeeping, but hey, what do I know?

I also say that the Detroit Land Bank Authority, being the "owner" of the properties, is allowing people to register to vote at these abandoned houses (I coin the term 'vote packing') for the 2017 Mayoral Primaries, but, hey, what do I know?
Voting is beautiful, be beautiful ~ vote.©
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