The BPA "not for profit" - deception?

[BankFodder]

I've just noticed this:-

 

 

BPA ‏@BritishParking

@NottheBPA @Real_CAG @the_NMAG ? we are a NFPO & provide guidelines only. Government had an opportunity to regulate but failed to.

 

 

Of course, it is true, they are a "not for profit" ...

but at the same time, it is not true - because they are a non-independent organisation which is set up to ensure the interests of the parking industry members.

 

The BPA is set up with the intention of fronting and protecting a highly profitable industry.

 

There is no altruism about them.

The exist for the profits of their members. Their members join them and support them in order to ensure their continuing profitability.

 

So, "not for profit"? ... Yes - but at the same time, somehow - No.

[lamma]

It does report negative profits in a couple of years, but not for the others. One has to wonder why such an organisation has or needs 105 Directors and how that number of Directors may affect the figures especially if expenses and/or loans are involved in addition to any stipends which may be paid. I note that auditor resigned in April 2011.