[svlug] officer status Re: Announcement: VP transition

Rick Moen rick at linuxmafia.com
Sat Dec 1 23:40:48 PST 2007


Quoting Alvin Oga (alvin at mail.Linux-Consulting.com):

> 	- and someobody needs to cough up $800/yr or more
> 	unless a 501c3 has a tax break on its minimum annual corp tax

The initial California filing fee would be $30, then a $20 filing fee
with the Statement of Information every two years.  That's for
non-profit incorporation.  Then, you do the IRS application for
determination letter and EIN.  You file forms 1023 and 8718, plus $500,
and then you wait a long time.

> is all this legal complications worth it for a lug

No.  We've been through this in utterly exhaustive detail, already.

And, just for once, I'd dearly love to encounter someone with an opinion
on this matter who's actually read IRS Publication 557, and understands
that the process of gaining IRS-recognised tax-exemption is 
_completely pointless_ unless your group has gross receipts in 
excess of $25,000/year.




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