Not so suite life: Aurora drops luxury boxes
Aurora Health Care is citing the sluggish economy in its decision to drop its luxury boxes at Lambeau Field, Miller Park and the Bradley Center.
Michael Brophy, an Aurora spokesman, told BizJournals.com that the firm dropped its Bradley Center suite in 2009, recently informed the Milwaukee Brewers it would not renew its Founder’s Suite at Miller Park at the end of the 2010 season, and had already decided to let its Lambeau Field suite lease lapse in January 2012.
Aurora, which operates Lakeland Medical Center in Elkhorn as well as clinics in Delavan, Walworth, East Troy and Lake Geneva, also noted the increased spotlight on corporate spending in its decision, however Aurora isn't like most corporations -- it's a non-profit.
It’s status as a charity provider means the organization pays no property taxes, which is raising the eyebrows of some critics in the media.
Michael Murphy of Milwaukee Magazine writes that there have been countless surveys and stories showing that medical care costs more here than in other Midwest cities. Yet tax-exempt Aurora could afford to spend hundreds of thousands of dollars per year living the suite life.
Murphy also points out that Aurora Health Care’s CEO Nick Turkal and Chief Operating Officer Donald J. Nestor both earned more than $2 million in 2008.
Aurora has quietly dropped its luxury box leases, and officials seem hopeful to avoid a public relations fallout.
“We decided it was better to spend our money on patient care than a suite,” Brophy was quoted as saying. “It was a difficult decision, but the right thing to do.”
Aug 4, 2010 at 1:38 p.m.
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Thanks for the links. I guess you are right. The differences probably are not too different when it comes to taxes. If I were the local taxing authority and taxpayers, I too would rather the dollars stayed in the area rather than going off to a private enterprise out of the area.
Aug 4, 2010 at 1:15 p.m.
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http://www.idealist.org/if/idealist/en/F...
http://foundationcenter.org/getstarted/f...
http://www.investopedia.com/terms/n/non-...
I don't think there really is a difference between nonprofit and not-for-profit, at least not in the way that you are thinking, Joy.
Aug 4, 2010 at 10:11 a.m.
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Is it NON-profit or NOT FOR PROFIT? There are differences, and frankly, I don't know what they are, but I do know that the tax laws differ between the two, so is Aurora really tax-exempt? I believe, for instance, that the Mercy Health System is NOT FOR PROFIT. It would be good to have this clarified before Aurora gets totally skewered....
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