$20k? Wow. That shows just how different corporations can be in different countries. In Canada it is about $500 for incoprporation (depending on which province it originates in) plus legal fees, so maybe $2500 tops, depending on the lawyer.
Administrative operations is separate, of course, depending on how the organisation wants to handle it. I sit on the board of a non-profit and while we do have one paid staff, the board chips in to do some work and a few volunteers also contribute. r. On 23 February 2010 08:54, Tara Hunt <[email protected]> wrote: > Reminder that 501c3 or whatever non-profit status ironically costs about > $20k after filing and legal fees (there is a helluvalotta paperwork) and > requires gobs of administrative work and reporting going forward, meaning > you need to hire people for money to do that for you as it's awfully > complicated. > > I watched Freecycle go through this painful process and they really regret > it. > > T > > On Tue, Feb 23, 2010 at 7:19 AM, rachel young <[email protected]>wrote: > >> >> Ah, thanks for the clarification. Learning the a corporate structures of >> other countries has been a steep learning curve, but this does make sense. >> You do have a lot of lobby groups, after all. :-P >> r. >> >> >> >> >> On 23 February 2010 01:32, Mike Schinkel <[email protected]>wrote: >> >>> Hi Rachel, >>> >>> >>> This is great stuff, really! Thanks for all the effort. >>> >>> One point of note on your non-profit "con" about political lobbying, at >>> least in the USA, if an organization elects 501(h) instead of 501(c)(3) then >>> they can lobby. Generally, organizations that make the 501(h) election under >>> the 1976 lobbying law may spend 20% of the first $500,000 of their annual >>> expenditures on lobbying ($100,000), 15% of the next $500,000, and so on, up >>> to $1 million dollars. >>> >>> >>> http://www.muridae.com/nporegulation/lobbying.html#lobbying_who_may >>> >>> >>> http://www.asaecenter.com/PublicationsResources/whitepaperdetail.cfm?ItemNumber=12202 >>> >>> >>> -Mike Schinkel >>> Ignition Alley Atlanta Coworking >>> http://ignitionalley.com >>> >>> P.S. I've recently looked into this issue for another non-profit I'm >>> setting up. :) >>> >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "Coworking" group. >> To post to this group, send email to [email protected]. >> To unsubscribe from this group, send email to >> [email protected]<coworking%[email protected]> >> . >> For more options, visit this group at >> http://groups.google.com/group/coworking?hl=en. >> > > > > -- > tara 'missrogue' hunt > > Book: The Whuffie Factor (http://www.thewhuffiefactor.com) > Blog: HorsePigCow: Marketing Uncommon (http://horsepigcow.com) > Twitter: http://www.twitter.com/missrogue > phone: 514-679-2951 > > -- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]<coworking%[email protected]> > . > For more options, visit this group at > http://groups.google.com/group/coworking?hl=en. > -- rachel young [email protected] (416) 801-0196 Find us in person: Camaraderie 102 Adelaide St 2nd Floor Toronto, ON M5C 1K9 Find us online: website and blog: camaraderie.ca twitter: @camaraderie sprouter: @ruyoung -- You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/coworking?hl=en.
