[Mesh] Future Entity Structure Discussion

Hi all, At the board meeting on Tuesday, we consented on acquiring 501c3 status by the end of 2017. Should we: 1) take over omni's old 501c3? -or- 2) submit our own application for 501c3 status? *1) - take over omni's old 501c3?* (a) It doesn't have a purpose at the moment, and we worked hella hard on procuring it. was a long-form application, so has already been rigorously reviewed by the irs. (b) can submit amendments to our Articles of Incorporation changing the name, primary activities + board of directors (this is what we did for the ooc -> oc switch) c) maybe best to wait & hear back from the IRS first (jenny submitted 2014 & 2015 taxes about a week ago) as well as omni's lawyer (jesse palmer) d) has no assets, but does have 3 years of accounting & credit history. is up to date on all required gov filings. *2) - submit our own application for 501c3 status?* (a) probably best to do a short-form (1023-EZ) application (less overhead & faster turnaround) - tho that assumes we are not budgeting for more then $50K annual gross income. contact jenny to get shared on current iteration of app. (b) no inherited bureaucratic headaches from ooc (old-omni entity) (c) more iffy - the IRS only really scrutinizes you when you initially apply; but they hardly blink on eye wrt amendments to articles, bylaws, board, etc; Thoughts appreciated, hopefully we can make a decision on this by Mayday :) -- <3 Jenny Help open a people-powered common space in Oakland, California! https://omnicommons.org/donate `~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~` "Technology is the campfire around which we tell our stories." -Laurie Anderson "Storytelling reveals meaning without committing the error of defining it." -Hannah Arendt "To define is to kill. To suggest is to create." -Stéphane Mallarmé ~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`~`