For-profit Scn corporationsBy "M. Council"Fri, 9 Jun 1995 14:20:24 -0400 This list of for-profit corporations participating in Sicentology[tm]'s Central Reserves [financial] system came from my recent trip to the IRS office in Wshington, D.C. It's available thru FOIA. FOllowing is the answer to Question 11 in Book one of a three-binder series of questions asked to CoS by the IRS. [brackets mine] Question 11 reads: Please identify the for-profit corporations that participate in the Church of Scientology's central reserves system.
Answer: The entities organized as for-profit corporations participating in the Central Reserves system include: NEP [New Era Productions] BPI Bridge Publications, Inc. FSO OIC [FLag Service Org, but I don't know what OIC is...anyone?] SAN DONATO PROPERTIES MAJESTIC CRUISE LINES, INC IN addition, the following entities' reserves are monitored by the International Finance Office within CSI [Church of Scientology International]: TRANSCORP SERVICES SOR SERVICES LTD [?] Each of these entities is owned directly or indirectly by a Church or a Church reserves trust as detailed in our prior responses. Each entity hasd its own corporate bank accounts. Funds of each entity are separately banked and are not commingled [sic] with funds of any other entity. The transactions from each entity's bank accounts are included and reported in its own respective financial statements. While FSO OIC is considered a reserves entity because it holds assets which are part of central reserves, it has no holds assets which are part of central reserves, it has no current income and is endeavoring to sell its remaining assets. FSO OIC has no cash reserves nor any bank account denominated a Reserve account. It currently has bank balances of $978.
----------------------------------------------------Hell, if you understood everything I say, you'd council@luna.cas.usf.edu be me. -Miles Davis ------------------------------------------------------------- | |||