[wplug-board] 501c3

[Terence J. Golightly]

On 04/05/2012 06:58 PM, Pat Barron wrote:
> Thanks for sharing your experience, Joe!  I agree with your assessment.  
> Even if we can find an attorney to do the work pro bono (and not charge 
> us for their time), the filing fees are a "hard" expense (i.e., someone 
> has to come up with that money, in cash).  At the moment, we really 
> can't even afford to buy the banners, unless we can get a grant (or find 
> a generous benefactor) to pay for it....
> 
> --Pat.
> 
> On 04/05/2012 4:39 PM, Joseph Prostko wrote:
>> To be quite honest, we really don't have enough money to pay for a
>> 501(c)(3) at the moment.  Generally you file for a state non-profit
>> and 501(c)(3) at the same time as well, as it smoothens out the
>> process a bit.  To give you an idea, Burgh Bees (the other group I'm
>> on the board of directors of) has been a state NPO for several years,
>> as due to lack of money at the time we filed at the state level only.
>>   We can do it now that we're bringing in much more money, but even we
>> are trying to find a cheap way to do 501(c)(3).  The best quote we
>> found for somebody who wouldn't do it pro-bono was 1,500 dollars, plus
>> the 850 dollars worth of filing fees (which is a mandatory expense).
>> The average quote was around 3,000 dollars plus filing fees.  That
>> said, we may have found somebody to do it pro-bono plus the filing
>> fees, but that isn't concrete at all yet, so I can't elaborate
>> further.  So yeah, best case we need to have an extra 900 dollars
>> lying around allocated just for this, so I don't really see it being
>> possible at the moment.
>>
>> - joe
>>

I concur.  Lets hold our collective breadths and exhale.  Now table that
for future reference. Have a happy holiday everyone.

Terry



>>
>> On Thu, Apr 5, 2012 at 2:52 PM, JUDI GALARDI<judigalardi at verizon.net>  wrote:
>>> If I can find an attny to help fill out the 501c3, should we go for it?
>>> We could ask for more grants that way.
>>> Judi
>>>
>>>
>>>
>>> ________________________________
>>>
>>> Judi Galardi's THRAE BACK ATCHA!  is here. Not here!  At my website:
>>> www.judithgalardi.com  or at:  www.authorhouse.com.  My other books are also
>>> available.
>>>
>>>
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> 
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-- 
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