18 Jul
2013
18 Jul
'13
12:37 p.m.
Has anyone looked at or familiar with the newer nonprofit mutual benefit
corp now available in California...
http://www.sos.ca.gov/business/corp/pdf/articles/arts-mu.pdf
On Thu, Jul 18, 2013 at 12:29 PM, David Rorex <drorex(a)gmail.com> wrote:
On Thu, Jul 18, 2013 at 12:23 PM, Eddan Katz
<eddan(a)clear.net> wrote:
--
ThanX,
;+)
https://www.noisebridge.net/wiki/Fort
An LLC enables those thinking about the SEC
provisions, recently
announced to go into effect in ~60 days - to organize themselves in a way
that allows them to offer equity in future profits to the crowdfunding
public.
I don't think you're gonna be making any profits off a hackerspace (Even
TechShop, with all its funding and fancy tools and expensive membership, is
struggling). Even if you did manage to, imagine how people would feel when
they found out that money given to sudoroom was ending up in people's
pockets instead of going towards the space & its programs.
On Thu, Jul 18, 2013 at 12:25 PM, Andrew <andrew(a)roshambomedia.com> wrote:
Keep in mind that California LLCs cost $800/year.
I don't think that
changes if you are a non-profit, but I'm not 100% sure
Same for non-profit. UNLESS you are tax exempt, in which case you don't
have to pay it. (non-profit and tax exemption status are two separate
things)
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