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Kennick Seeks Probe Into Nonprofit Firms
SACRAMENTO Assemblyman Joseph M Kennick and Assemblyman Nicholas Petris announced a 1965 joint resolution authorizing a committee to probe whether California law allows nonprofit corporations to earn and distribute profits. Testimony suggests some groups may pay high salaries or use outside contracts to profit, prompting legislative scrutiny of nonprofit status and tax provisions.
MENTIONED IN THIS ARTICLE
Sacramento
Joseph M. Kennick
Long Beach
California
Nicholas Petris
Oakland
Kennick
Mektlo