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Old 12-11-2006 | 12:52 PM
  #38  
STLPilot
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Default RE: Momentum!

Like if it is required to lose $100k, $500k, $1mil? Is there some mandated loss amount MA has to meet?

Is that the reason it runs so far in the red,
it has to lose $1million or it voids the NFP status?
Sorry but you are mislead. MA does make money, what you see are the operational costs, but you are not looking at the inbound revenue streams, in the form of memberships. AMA is $58 which includes insurance, magazine, and other perks. Now re-do your math.

Also NFP status is not based on revenues, it's based on mission requirements, first and last. IRS doesn't care how much money you make or lose as long as you are fullfilling the educational or whatever requirements to keep your status and the AMA more then exceeds those requirements.