20 Nov
2014
20 Nov
'14
2:30 p.m.
The Board already made a "purpose"-type statement in the paperwork we
recently submitted to the Secretary of State for California. I think the
question now is really: Who on the Board can meet up with this lawyer, and
when? I am pretty swamped with work, but could potentially step up this
weekend if no one else realistically can. Do other folks have some
availability?
2014-11-20 14:08 GMT-08:00 Autonomous <autonomous666(a)gmail.com>om>:
for the Omni i
calc 13 years
Tax-defaulted properties in Oakland can be purchased for taxes due, which
can be less than $30K in some cases. Basically any property that is more
than 5 years behind on property tax can be petitioned for purchase by a
501c3. It would not go to auction.
On Thu, Nov 20, 2014 at 2:03 PM, <hol(a)gaskill.com> wrote:
for the Omni i calc 13 years
On 2014-11-20 13:50, Autonomous wrote:
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I've been told that Once a property is
acquired by a 501c3 it is very
complicated to sell it.
Indeed. However you could own a property outright for less than one years
rent. If needed it could be rented out or sold to another 501c3 or local
government entity.
On Thu, Nov 20, 2014 at 1:27 PM, Alice Rosenthal <
beehappysolutions(a)gmail.com> wrote:
I've been told that Once a property is
acquired by a 501c3 it is very
complicated to sell it.
Alice
415-272-0596
On Nov 19, 2014, at 12:45 PM, Autonomous wrote:
Here's a correction, sorry:
Once 501c3 status is obtained then it is possible under California law
to acquire a tax foreclosed property for the price of taxes due only.
On Wed, Nov 19, 2014 at 12:42 PM, Autonomous <autonomous666(a)gmail.com>
wrote:
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listsudo-discuss@lists.sudoroom.orghttps://lists.sudoroom.org/listinfo/sudo-discuss
Prior to meeting with the attorney it would be
good to prepare a
"purpose statement" that describes the activities of SudoRoom that qualify
for non-profit status. A few other hackerspaces have acquired 501c3 status.
Here is an example:
> The Geek Group provides access to science, technology, engineering and
> math by developing programming and facilities for individuals and
> institutions to learn, explore, innovate and play at an independent pace
> according to their needs.
http://thegeekgroup.org/about-2/mission-statement/
Obviously the educational activities of Sudo Room would qualify as a
public benefit or charitable purpose. There's also a number of other
qualifying purposes having to do with community welfare, defense of human
and civil rights secured by law and so on.
Once 501c3 status is obtained then it is possible under California law
to acquire tax a foreclosed property for the price of taxes due only. There
are a number of interesting properties available in Oakland that would
serve your purposes.