Town Square

Tax Filings Show Allied Arts Property Lost Money Every Year Since 1998, and the Losses Are Growing

Original post made by A Worried Neighbor, Menlo Park: Allied Arts/Stanford Park, on Jul 30, 2007

Thank goodness for easily accessible public records and the posting on this web site that told us where they are. I used the California Attorney General’s site to see how financially viable our Allied Arts neighbor really is. Thanks to the many friends, both personal and professional, who helped me understand the numbers.

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Posted by apalled
a resident of another community
on Jul 31, 2007 at 11:40 am

When reading this post, I had to stop for a moment and remind myself that the entity under discussion is a CHARITY, whose goal is to provide money to a children's hospital, and not the local branch of Enron. Accountability is lacking here-who is responsible for this debacle? Not just the hospital but the entire neighborhood is harmed by the incompetent stewardship wielded by the 'AAA', and stands to lose a community treasure. One hopes that AAA is taking a hard look at its board, and looking for leaders who are capable, not arrogantly feeble.

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Posted by appalled
a resident of another community
on Jul 31, 2007 at 11:50 am

appalled ;)