According to a recent article published by Go Erie, Erie's Community Country Day School have filed for Chapter 11 bankruptcy protection, citing hundreds of thousands of dollars in debt and unpaid taxes that accumulated as the school lost donations and grant funding.
Community Country Day School is a private school, founded in the late 1960's with an enrollment of approximately 140 students grades K-12. The school specializes in providing mental health services for students.
According to documents filed in U.S. Bankruptcy Court in Erie on November 9th, the school owes the IRS approximately $175,000 in back taxes and that is just the beginning....
- $600,000 owed to Northwest Savings Bank
- $60,679 in Pennsylvania unemployment compensation
- $41,455 to Awareness Ministries
- $30,000 to Community of Caring
- $28,000 to Pennsylvania Department of Revenue
- $27,623 to Pennsylvania Department of Education
0 comments:
Post a Comment