It appears that the IRS has filed a tax lien against Sheldon Jackson College in the amount of $226,328.44, according to a document listed on the Alaska State Recorder website.
According to my count, that means that there are four organizations with liens against the former College: Alaska Growth Capital, PC USA, The city and borough of Sitka, and now the IRS.
Where do (and more importantly, where should) former employees stand in line for unpaid severance and annual leave? I believe we should be first in line, and must take the necessary steps to move there.
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Ultimately it is still important that IRS get paid too. SJ deducted the money from employee payroll checks and in “good faith” should have deposited those funds for the employees. IRS can be a real stickler and come back on the employees if those funds are not paid. So along with getting the money were are owed as past employees SJ also owes it to the past employees to pay the income tax and Social Security deductions.
You are right we need to get in there and start shouting for our money too.
I would be interested in what information you have about a lien filed by PCUSA.
you want to know something scary.... When it comes to unpaid taxes (employee taxes) the board of directors are directly responsible. It is only one of the few things they are actually accountable for..
Is this payroll or property taxes?? It would seem to me that since its a DNR website, that it would more likely be property taxes...
IRS is income tax, so it would be income tax. Also SJ was exempt from property tax. Something I hear they will soon loose because they are no longer a school.
Two more liens. Presbyterian Church USA and the loan backed by USDA for the ChildCare Center construction.
Time for a class action suit on behalf of all employees and another on behalf of all students.
You were aware, of course, that SJ stopped payment on its $700,000 bond required by ACPE to protect students.
Man what a mess. It is so much worse than I thought. How did we not know about all this just a few months ago? I new the college was not doing well but I didn't think it was dead. Have you guys ever heard about this National Heritage Area idea for Sitka? I think it would work well if the all the stars aligned and the giver of miracles placed favor on SJ. Here is the site http://www.nps.gov/history/heritageareas/FAQ/INDEX.HTM. It would not only preserve the college buildings and land but also Sitka’s back yard. I realize how impossible this is but I thought you all might find it interesting. Especially the part about receiving gov. money from the Park service. I love that part.
Since SJ is no longer in the higher education business, I wonder how long before it loses its 501c3 (tax exempt) status?
I think, honestly, someone should file a formal complaint challenging their tax exempt status. What areas of the "college" still serve the, as the IRS would say, public good?
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