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Re: [TDPH] Self-Nominations - Volunteers Needed! We have to File with a state to incorporate and then apply to the IRS and state for nonprofit status. I think our sticking point on this when we set everything up was costs of the filing fees. It cost very little to become a social club.
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Team Discovery Project Hope |
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 SlavaPremium,MVM
join:2001-02-04
Fair Lawn, NJ | Good deal Peter,
probably not worth the fees for us then.But we can look into it some more. Maybe we can find a loop hole. Maybe we can file to receive some of that stimulus package all those other companies have been getting.  |
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SlavaPremium,MVM
join:2001-02-04
Fair Lawn, NJ
1 edit | reply to ColdinCbus
Great to have you jump into the picture Ron. Now who on the team will challenge us. It's not an election if we don't have some challengers.  |
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SlavaPremium,MVM
join:2001-02-04
Fair Lawn, NJ
1 edit | reply to ColdinCbus
Peter I been giving this matter a little thought. I printed out what is an (EIN) Employment Identification Number. Then I started to read the fine print and what advantages one can have with having an EIN. There was an interesting line that made me remember of a movie.
The line states "However, no matter how you apply (phone, fax, mail, or online), it will take up to two weeks before your EIN becomes part of the IRS' permanent records. You must wait until this occurs before you can file an electronic return, make an electronic payment, or pass an IRS Taxpayer Identification Number matching program."
Do you remember the movie (The Shawshank Redemption)?
If that man, Tim Robins (Andrew "Andy" Dufresne) could make all that stuff happen from jail. I have the utmost confidence that we should be able to find some entity out there that should fund us (TDPH) and pay for new blades, maybe even new racks as well all our operating cost and electrical expenses for our hosts..
So what do you think?
In the words of a great man. "We can do it". |
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