If I'm not mistaken I believe Saba is non-profit.

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Juni

you are mistaken!

all the carib schools are for profit.

__________________
But remember that, even when those who move you be kings or men of power, your soul is in your keeping alone. When you stand before God you cannot say "but I was told by others to do thus" or that "virtue was not convenient at the time." This will not suffice. Remember that.

SABA University - www.saba.edu - international medical university college

Prove them wrong then.

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Juni

saba is nonprofit?.... hahaha. i think that's iffy.

the concept is a little confusing.


"Nonprofits generally do not operate to generate profit, a characteristic widely considered to be the defining characteristic of such organizations. However, a nonprofit organization may accept, hold and disburse money and other things of value. It may also legally and ethically trade at a profit. The extent to which it can generate income may be constrained, or the use of those profits may be restricted. Nonprofits therefore are typically funded by donations from the private or public sector, and often have tax exempt status. Private donations may sometimes be tax deductible."


well, i'm straying off topic.

Any school can be non-profit. All you have to do is super-inflate salaries (which you can bet your backside that Dr F has done with Saba), and the school will "lose" money. If I had a practice and took in $400,000 a year but paid myself $400,001 a year, I'd be a non-profit too.

non-profit on the island of SABA is a gimic, there are no laws there that dictate profit/non. So when people read that they are non-prof it looks all peachy. SABA however did orginally build the school with the help of the local government. But hardly non-profit. You can bet you **** that they funnel money through MUA if they had any issues.

__________________
There is no chance, no fate, no destiny that can circumvent, or hinder, or control a firm resolve of a determined soul.

"I've got a degree in Homeopathic Medicine!....You've got a degree in baloney" -Futurama

"...you should take some echinacea, or St. John's Wort...Or a big fat placebo. It's all the same crap" -Futurama

what makes it a non-profit? they aren't given any US non-profit organization status. its just words.

all the money Saba is pulling in has to be going somewhere.

__________________
But remember that, even when those who move you be kings or men of power, your soul is in your keeping alone. When you stand before God you cannot say "but I was told by others to do thus" or that "virtue was not convenient at the time." This will not suffice. Remember that.

I don't buy the non-profit thing either. While the organization as a whole may be technically not for profit, you'd better bet the people running the show are seeing a profit (as salary). I'm fairly sure there aren't too many forensic CPA's scouring their records anyhow, so it would be hard to know anything concrete...but all educated guesses point to --> profit.

They are for for profit and superprofit!

St. James School Of Medicine is NonProfit too.