We achieved 501(c)(3) status relatively easily. We used Nolo's guide and it really helped.
Key elements were the source of funding, people served, the existence of a Board of Directors, by laws that prevent conflicts of interest, and a plan for what to do with assets if the corporation folds.
-Doug Franz President Coatesville community bike works
On Apr 25, 2013, at 10:33 AM, greenbean246 Green email@example.com wrote:
Hello Bike Co-Ops! The Lincoln Bike Kitchen is gathering corroborating information for our 501(c)3 filing. It would be most helpful to us if we could hear from other bike co-ops which have tax exempt status regarding what part of the IRS code you fall under. Being able to tell the IRS what kind of charity other bike co-ops have been designated will help them give us a designation more quickly. We appreciate any info any of you can give us. Thanks!
B. J. Green Treasurer Lincoln Bike Kitchen Lincoln, NE _______________________________________________ Thethinktank mailing list Thethinktank@lists.bikecollectives.org To unsubscribe, send a blank email to TheThinkTankfirstname.lastname@example.org To manage your subscription, plase visit: http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.o...