3 Nov
2015
3 Nov
'15
1:34 p.m.
On Tue, Nov 3, 2015 at 1:22 PM, Mary Ward <maryhbw(a)gmail.com> wrote:
Do we need the Omni to be come a non-profit entity
since we will have
several fiscal sponsors in the building? We can be a for profit business
that makes no profits, without risking an audit, and with less accounting
headaches.
Can you fiscally sponsor a for-profit company?
The delegates decided we should apply for 501c3 back in August.
3 Nov
3 Nov
2:39 p.m.
New subject: [omni-discuss] Benefit Corporation?
I really appreciate that people are enthusiastically stepping forward to
think about on this stuff. At the same time, many of us have been
working on it for the past year. We have looked into many options with a
very experienced radical lawyer and after doing so the delegates have
made decisions. It really would not be productive to go through this
extensive process again.
It also not easy to explain these complex matters in an email. If you
have questions about what is already in process, please come to a
fundraising/buy the building working group meeting Mondays at 5, or
speak to someone who has been on that working group in person.
The issue with making more money from the ballroom isn't its corporate
structure. It is having enough people consistently working on booking
and producing events. Getting involved in this is the most helpful
action to take at this time.
Laura
On 11/3/15 1:34 PM, yar wrote:
On Tue, Nov 3, 2015 at 1:22 PM, Mary Ward
<maryhbw(a)gmail.com> wrote:
Do we need the Omni to be come a non-profit
entity since we will have
several fiscal sponsors in the building? We can be a for profit business
that makes no profits, without risking an audit, and with less accounting
headaches.
Can you fiscally sponsor a for-profit company?
The delegates decided we should apply for 501c3 back in August.
_______________________________________________
discuss mailing list
discuss(a)lists.omnicommons.org
https://omnicommons.org/lists/listinfo/discuss 
2:59 p.m.
New subject: [omni-discuss] Benefit Corporation?
I agree with you wholeheartedly! There's no point in doing the process all
over again. Which is why it's important to ask questions so that there's no
overlap or double work being done.
Also, going to the working groups is brilliant advice, Laura! It helps
people get to know the process of how things are run. I am really happy
that I had a chance to sit down and learn from/talk to the events working
group on Sunday. It certainly put a lot of things in perspective and helped
me understand a great deal. And thanks for the heads up on when the
fundraising working group meets! I'll swing by next Monday. :)
On Tue, Nov 3, 2015 at 2:39 PM, Laura Turiano <scylla(a)riseup.net> wrote:
I really appreciate that people are enthusiastically
stepping forward to
think about on this stuff. At the same time, many of us have been working
on it for the past year. We have looked into many options with a very
experienced radical lawyer and after doing so the delegates have made
decisions. It really would not be productive to go through this extensive
process again.
It also not easy to explain these complex matters in an email. If you have
questions about what is already in process, please come to a
fundraising/buy the building working group meeting Mondays at 5, or speak
to someone who has been on that working group in person.
The issue with making more money from the ballroom isn't its corporate
structure. It is having enough people consistently working on booking and
producing events. Getting involved in this is the most helpful action to
take at this time.
Laura
On 11/3/15 1:34 PM, yar wrote:
On Tue, Nov 3, 2015 at 1:22 PM, Mary Ward
<maryhbw(a)gmail.com> wrote:
_______________________________________________
discuss mailing list
discuss(a)lists.omnicommons.org
https://omnicommons.org/lists/listinfo/discuss
Do we need the Omni to be come a non-profit
entity since we will have
several fiscal sponsors in the building? We can be a for profit business
that makes no profits, without risking an audit, and with less accounting
headaches.
Can you fiscally sponsor a for-profit company?
The delegates decided we should apply for 501c3 back in August.
_______________________________________________
discuss mailing list
discuss(a)lists.omnicommons.org
https://omnicommons.org/lists/listinfo/discuss
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3090
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2 comments
3 participants
participants (3)
-
Laura Turiano -
Mari M. -
yar