I posted the CreditData SouthWest Motion for Summary Judgment and Statement of Facts.
It's a job scanning all the exhibits, hopefully will get that done soon.
Actually, it's Merchant Information Solutions (MIS) and they sold the tradename CreditData SW to Experian last August.
John Fry, their attorney, called me after my last posting on MIS to clarify that he didn't mean to insult me. I asked then whether I could get the MIS tax returns, and he didn't think so.
While it's not related to my suit, this interests me tremendously. There is NO way that operating a CRA can be a non profit activity.
While it is legit for a non profit to engage in for profit activities, the income from the for profit activities is taxable. At least that's how it was last time I looked into that, back in the 90s.
Mr. Fry told me that they're a member organization, the members are the merchants. The CRA activities are certainly not for the merchants, as most likely none of the companies on my credit are MIS members. As they emphasize, they are not a national CRA. And it's unlikely that any of the member merchants ever ordered my credit. So the CRA activity has nothing to do with the membership organization.
In their motion they claim that their failure to provide a toll free number for consumers is due to their NOT being a national CRA. Can someone explain why Experian has record profits, and MIS is a NON profit organization, but wouldn't even provide a tollfree number for consumers?
I called them after I filed suit, so that's not in my complaint, and it was one of the most frustrating calls. They refused my phone dispute entirely!
Anyway, it is an outrage that the law doesn't require all non profit organizations to make their income tax returns public. I've also asked ACORN a few months ago for their financials and didn't get a response. In my experience, at least 50% of all non profits are for profit businesses in disguise.
It is disgusting how many people establish non profits only to skim the profit into their friends' and relatives' bank accounts.
I've done several investigations into fake non profits, wasn't cardratings.ORG one too? I'll have to do a search. I think there are some postings at the old Discus forum.
Many of the "non profit" credit counseling agencies are now being sued and it is common knowledge that they are diverting ther profits. Amerix/Genus comes to mind.
Well, the non profit status is a totally different aspect, most interesting. If you know anything about that, please do contact me. If there's a chance that they did NOT pay tax on the profits from the CRA activities, I won't hesitate to contact the IRS.