The Salt Lake City Bike Collective is the fiscal sponsor of the Ogden Bike Collective.  Salt Lake dictates policy and we comply as best as we can with their wished.  We report our financial info to salt lake and Jonathan might be able to elaborate on the taxes and financial reporting.  Ogden has a business checking account that is tucked up under the SLC account with SLC and Ogden directors as signers on the account.  Ogden has its own business license and has a general liability policy specific to our location.  Ogden has its own lease signed for by the director of the Ogden location.  We share the same tax id number and Ogden orders all our materials through the SLC distributor accounts.  Ogden sends in requests and SLC orders them with a debit card they hold for the Ogden account.  When the orders come, and they have not been very frequent orders, we take a trip down to Salt Lake to pick things up. Ogden doesn't have anyone there during the day and we don't have any neighboring business where orders could be left.  We have really appreciated Salt lakes help in this and it is working well so far.  It has really allowed us to focus on running the shop and helping people instead of doing so much paperwork.  I imagine we will continue this way for quite some time as long as it is working well for both parties.  The two shops are about 40 miles apart and connected by commuter rail. Hope this is helpful.

Josh Jones

From the Ogden Bike Collective

From: thethinktank-bounces@bikecollectives.org [mailto:thethinktank-bounces@bikecollectives.org] On Behalf Of veganboyjosh@gmail.com
Sent: Thursday, September 24, 2009 10:48 PM
To: The Think Tank
Subject: Re: [TheThinkTank] fiscal sponsorship

I would also be interested in hearing about this, so please if you do respond to Allison either cc me or post to the list.

Thanks!

josh.

On Thu, Sep 24, 2009 at 10:12 PM, allison karow <bike.saviours@gmail.com> wrote:

hi folks,

is anyone a fiscal sponsor for another bike project? if so, what forms did you and your umbrella'ed folks have to fill out? and what responsibilities (ie taxes, liability) do you share legally?

any info is appreciated!

thanks

allison
bike saviours bicycle collective
tempe, az


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