Re: [Coworking] 501(c)(6) coworking spaces

Right James, it just seems that many aren't aware that the new process even exists, and I've found that it can help many small organizations get booted up faster. Charitable activities such as raffles were belayed anyway (lot of con activities with raffles, hence the probation), but there are

Re: [Coworking] 501(c)(6) coworking spaces

Thanks James. Yes the c6 designation maps much more closely to the coworking model than c3, but most people don't know the differences between the 25+ different non-profit models. Spaces that don't offer suitable education components often have their c3 designation revoked. How often do you

Re: [Coworking] 501(c)(6) coworking spaces

Also-- the "fast track" process applies if you're planning to remain small in terms of budget, and it's still not going to cover the probationary period during which it's harder to get grants or other major contributions. The C3 becomes "real" even more after the IRS makes the final determination

Re: [Coworking] 501(c)(6) coworking spaces

FYI, there's a new fast track process for certain nonprofits. A friend had his makerspace c3 approved in 6 weeks; I've heard of others taking no more than 3 months. > On September 3, 2015 at 9:22 AM David Evans wrote: > > Thanks James. Yes the c6 designation maps much

Re: [Coworking] 501(c)(6) coworking spaces

David - What DISADVANTAGES have you considered of becoming a nonprofit? On Tuesday, September 1, 2015, David Evans wrote: > We are starting a rural southern Vermont coworking space in a town called > Brattleboro with 12,000 people and six colleges in the area. > > Our

Re: [Coworking] 501(c)(6) coworking spaces

There is a fable going around that it is easy to get (c)(3) status and that it is easy to maintain. This was true for a long time, and with the streamlined procedure it is in some sense stiill true. The trouble with all this is, when the IRS gets a new set of madates regarding enforcement

Re: [Coworking] 501(c)(6) coworking spaces

Sorry my introduction wasn't terribly complete! I'm with the School Factory -- schoolfactory.org Since 2010, we've been providing spaces with fiscal sponsorship and program hosting for 501(c)3 status, so we take care of all donations, grants, and compliance issues (as well as filing federal

Re: [Coworking] 501(c)(6) coworking spaces

James, you sell/offer some sort of fiscal sponsorship solution, please tell me why a c3 is more appropriate than a c6? You didn't identify your group so I can't go see what you offer. We don't need "to become whatever we want, whenever we want". Rather get it right the first time and move on. We

[Coworking] 501(c)(6) coworking spaces

We are starting a rural southern Vermont coworking space in a town called Brattleboro with 12,000 people and six colleges in the area. Our lawyer has recommended that we become a 501(c)(6) organization. Much of the relevant information I've seen here is from 2010- 2012. We're looking for

Re: [Coworking] 501(c)(6) coworking spaces

Why a C6? Not a C3? We're a group that provides fiscal sponsorship for non-profit spaces, so you can 'become' whatever you want, whenever you want later. James Carlson 414-215-0215 On Tue, Sep 1, 2015 at 4:54 PM, David Evans wrote: > We are starting a rural southern