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
<mailto:autonomous666@gmail.com>>:
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
<mailto:hol@gaskill.com>> wrote:
for the Omni i calc 13 years
On 2014-11-20 13:50, Autonomous wrote:
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
<mailto:beehappysolutions@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 <tel: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
<mailto:autonomous666@gmail.com>> wrote:
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.
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