-----Original Message-----
From: Hideyo Yamamoto <[EMAIL PROTECTED]>
Sent: Jun 27, 2005 3:29 PM
To: felvtalk@felineleukemia.org
Subject: non profit status
I have a question, as you may know, I rescue cats (most of are strays) with special needs I fund everything with my income right now and its getting very difficult as I try to give them the quality food, quality care.
I have a whats called a refuge permit from the animal services in the city and I was told by the officer and by other people that I should get a non-profit status (501C) I know what it is but what would be the down side of getting such a status? I know you can get donations and tax break and all that but I wanted to consider some of the disadvantage by getting it -
Hi. We just became incorporated and filed for non profit status. The incorporation cost $600.00. The filing fee for the 501c-3 (non profit status) is $500.00, in New York State anyway. Since we started this cat rescue group and are operating on very limited funds this set us back quite a bit. We are not well known yet so we aren't getting much in donations. I thought these fees were unreasonable for a charatible organization. We found an accountant sympathetic to our cause or it would have cost us even more. He filled out the 501c-3 form for nothing. The form is quite complicated - for me, anyway - and we needed to have it filled out by someone who knew what he was doing.