I believe this question may have been asked before.  I would recommend checking this listserv's archives. Good luck!

Angel York

On Mar 5, 2015 10:50 AM, "Chad Ahmad" <ahmadahere.bicycles@gmail.com> wrote:
Our organization operates as a 501c3 with a space that sells used goods. What are our responsibilities to the IRS in this scenario?

If there are any CPA’s that specialize in this area and would be willing to help us, that would be super awesome too!!

- Chad : Bike Peoria NFP


On Mar 4, 2015, at 3:20 PM, thethinktank-request@lists.bikecollectives.org wrote:

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>   1. Join us for Bike! Bike! Southeast! (Kat Volzer)
>   2. What are you up to? (Strategic planning info-share) (Jim Sheehan)
>   3. Re: Bike value (Jim Sheehan)
>   4. Re: Bike value (Aaron Surma)
>
>
> ----------------------------------------------------------------------
>
> Message: 1
> Date: Wed, 4 Mar 2015 09:32:59 -0500
> From: Kat Volzer <katfriedmann22@gmail.com>
> To: The Think Tank <thethinktank@lists.bikecollectives.org>
> Subject: [TheThinkTank] Join us for Bike! Bike! Southeast!
> Message-ID:
>       <CAEtDFrtYzyEO6hVPhfW=oBDVuxgQrNQYBC74Jk3WqhbXX4pgvQ@mail.gmail.com>
> Content-Type: text/plain; charset="utf-8"
>
> *[image: BIKEBIKE_SE2015_web_fb_burgundy_phoenix.jpg]Dear Bike Co-op
> Friends,Sopo Bicycle Cooperative (located in Atlanta, GA Grant Park area)
> is happy to invite you to the 2015 Bike! Bike! Southeast Conference.  The
> conference will be held March 26-29.  We are working hard to get our
> registration site up, but wanted to let you know so you can go ahead and
> save the date! Registration is a suggested donation of $25 and includes
> almost everything you need for the weekend including meals and snacks.
> Registrants will be paired with home-share hosts according to preferences
> (vegan friendly, LGBT friendly, cycling ability comfort level, and other
> common interests).  If you?re coming from out of town and need a loaner
> bike, we will have plenty of those too.  All proceeds of the registration
> donation go to Sopo Bicycle Co-op and BBSE expenses. What?s on tap for this
> year?  We?re still planning the details, but so far we have plenty of
> sessions and plenty of fun scheduled, including an all-Atlanta Critical
> Mass Friday night, a chili cook-off complete with beer and bands Saturday,
> and an optional ?mini-tour? on Sunday, just in case you didn?t get enough
> riding in!  Want to present a session?  We would love for you to share your
> thoughts, ideas, and successes of your shops.  Please mark your calendars
> for March 26-29 and plan on visiting us in Hotlanta for what is going to be
> an awesome good time.  We hope to have the registration page up soon, along
> with any other information you might need.  In the meantime, if you have
> any questions, please feel free to respond to this thread!Sincerely,Kat
> VolzerSopo Bicycle Cooperative586 Woodward Ave SEAtlanta, GA
> 30312www.sopobikes.org <http://www.sopobikes.org> *
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> ------------------------------
>
> Message: 2
> Date: Wed, 4 Mar 2015 14:53:24 -0500
> From: Jim Sheehan <sheehan.jim@gmail.com>
> To: The Think Tank <thethinktank@lists.bikecollectives.org>
> Subject: [TheThinkTank] What are you up to? (Strategic planning
>       info-share)
> Message-ID:
>       <CA+Z094LBeEWNMmFsKWnEwo3k865knUg0W3fdHNkzrWq0=nqgtg@mail.gmail.com>
> Content-Type: text/plain; charset="utf-8"
>
> Folks,
> Our organization is undertaking a strategic plan to evaluate our many
> different programs, and we'd appreciate your help by taking this brief
> questionnaire
> <https://docs.google.com/forms/d/1fyh9dkIAxEP2Nym3viT9wAaUsZKQRAm5hpcfGkOxIj4/viewform?usp=send_form>.
> If your director, a board member or other knowledgeable member of your
> group who can answer some basic questions about your organization's
> structure and experiences has about 5 minutes, it would greatly help us --
> and all members of this list, hopefully, as the results are available here
> <https://docs.google.com/spreadsheets/d/16kD8mzfHHx_ku2VM1sDoIkNEE7nnerDZy55PL7WKYJ0/edit?usp=sharing>,
> and we will provide a digested version when we complete our planning
> process in April.
>
> Thanks for all of your time, and for all you do for cycling and community!
>
> Sincerely,
> Jim Sheehan
> Director, Ohio City Bicycle Co-op
> 1840 Columbus Rd
> Cleveland, Ohio 44113
> 216 830 2667
> OhioCityCycles.org
> jim@ohiocitycycles.org
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> ------------------------------
>
> Message: 3
> Date: Wed, 4 Mar 2015 15:57:53 -0500
> From: Jim Sheehan <sheehan.jim@gmail.com>
> To: The Think Tank <thethinktank@lists.bikecollectives.org>
> Subject: Re: [TheThinkTank] Bike value
> Message-ID:
>       <CA+Z094LZ3-BvFTKJ-GkK8FN2GJU+8pChwzOueh6Ca8VWKqeTzw@mail.gmail.com>
> Content-Type: text/plain; charset="utf-8"
>
> We use the following checklist, which has been refined a lot since this was
> written. Glad to send a copy of the worksheet if you reply off-list.
>
> http://ohiocitycycles.org/index.php?option=com_content&view=article&id=14&Itemid=52#Bike_Pricing_System
>
> Jim Sheehan
> Director, Ohio City Bicycle Co-op
> 1840 Columbus Rd
> Cleveland, Ohio 44113
> 216 830 2667
> OhioCityCycles.org
> jim@ohiocitycycles.org
>
> On Thu, Feb 26, 2015 at 4:41 PM, Sam Haraldson <sam@bozemanbikekitchen.org>
> wrote:
>
>> Thanks for your response Sam! How did you all settle on $50?
>>>
>> Having a $50 tag on a particular bike signifies to our volunteer staff
>> that the bike qualifies to be given away at no charge (as part of our
>> "Community Bikes" program where we partner with the local food bank and
>> other social organizations).  So essentially that number has meaning to our
>> staff.  How we actually settled on the $50 was based in what we feel these
>> bikes are valued at in terms of hours of work and any parts that go into
>> them.  Our organization gives away approximately 50 bikes per year so at
>> any given time we'll have maybe a 1/2 dozen Community Bikes on hand.  Also
>> in stock will be a one or two dozen bikes ranging in price from $100 up.
>>
>> - Sam
>>
>>
>> --
>> http://bozemanbikekitchen.org
>>
>> ____________________________________
>>
>> The ThinkTank mailing List
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> ------------------------------
>
> Message: 4
> Date: Wed, 4 Mar 2015 16:04:19 -0500
> From: Aaron Surma <aaronfsurma@gmail.com>
> To: The Think Tank <thethinktank@lists.bikecollectives.org>
> Subject: Re: [TheThinkTank] Bike value
> Message-ID:
>       <CAOxWwbqafXjBkxdh+q0_nSb-C1=jAWb-6TPFQpm=i+7Cjqc=FA@mail.gmail.com>
> Content-Type: text/plain; charset="utf-8"
>
> we use http://www.bicyclebluebook.com/.
>
> Aaron
> Southwest Rides
> Detroit, MI
>
> On Wed, Mar 4, 2015 at 3:57 PM, Jim Sheehan <sheehan.jim@gmail.com> wrote:
>
>> We use the following checklist, which has been refined a lot since this
>> was written. Glad to send a copy of the worksheet if you reply off-list.
>>
>>
>> http://ohiocitycycles.org/index.php?option=com_content&view=article&id=14&Itemid=52#Bike_Pricing_System
>>
>> Jim Sheehan
>> Director, Ohio City Bicycle Co-op
>> 1840 Columbus Rd
>> Cleveland, Ohio 44113
>> 216 830 2667
>> OhioCityCycles.org
>> jim@ohiocitycycles.org
>>
>> On Thu, Feb 26, 2015 at 4:41 PM, Sam Haraldson <sam@bozemanbikekitchen.org
>>> wrote:
>>
>>> Thanks for your response Sam! How did you all settle on $50?
>>>>
>>> Having a $50 tag on a particular bike signifies to our volunteer staff
>>> that the bike qualifies to be given away at no charge (as part of our
>>> "Community Bikes" program where we partner with the local food bank and
>>> other social organizations).  So essentially that number has meaning to our
>>> staff.  How we actually settled on the $50 was based in what we feel these
>>> bikes are valued at in terms of hours of work and any parts that go into
>>> them.  Our organization gives away approximately 50 bikes per year so at
>>> any given time we'll have maybe a 1/2 dozen Community Bikes on hand.  Also
>>> in stock will be a one or two dozen bikes ranging in price from $100 up.
>>>
>>> - Sam
>>>
>>>
>>> --
>>> http://bozemanbikekitchen.org
>>>
>>> ____________________________________
>>>
>>> The ThinkTank mailing List
>>> <a href="
>>> http://lists.bikecollectives.org/options.cgi/thethinktank-bikecollectives.org">Unsubscribe
>>> from this list</a>
>>>
>>>
>>>
>>
>> ____________________________________
>>
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