[Steering Committee] Fw: Not-for-profit status

[Brian Sheldon]

I don't know how much they were willing to give up. I'll ask.


----- Original Message ----
From: ryan hoegg <ryan.hoegg at gmail.com>
To: OKC JUG Steering Committee Mailing List <sc at lists.okcjug.org>
Sent: Thursday, October 4, 2007 5:09:03 PM
Subject: Re: [Steering Committee] Fw: Not-for-profit status

Sounds good.  Since Addison seems to be the first sponsor to want to donate, why not use their donation to file this paperwork?  We would not be able to issue a receipt until after it all goes through, but maybe they'd be OK with that. 

Any idea how much Addison wanted to give for the year?


On 10/4/07, Brian Sheldon <brian_s_sheldon at yahoo.com > wrote:
I'm not trying to push this issue - just wanted to let everyone what my cousin-in-law found out for me.
 
Brian


----- Forwarded Message ----
From: Carol Oliver < coliver at coxinet.net>
To: Brian Sheldon <brian_s_sheldon at yahoo.com>
Sent: Thursday, October 4, 2007 12:47:39 PM 
Subject: Not-for-profit status

Brian,
 
I have looked up the forms that you would need to file.  First of all you need to see IRS publication 557 to see what code section your organization would be exempt under. (charitable, member organization, etc)  Then there is the process of setting up bylaws, etc.  The form that would need to be filed with the IRS is the form 1023.  If you look at section XI of that form the minimum user fee to set up the exempt organization is $300.  
 
You can locate both publication 557 and form 1023 at www.irs.gov  I have attached a copy of those files to this emai. 
 
Let me know if you need anything else.
 
Carol











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