Jay,
We are already in the process of becoming a 501(c)3.
We're at the Articles of Incorporation and By Laws
writing stage. I know the questions I asked were
lengthy, I'm just a little overwhelmed, which I'm sure
you can understand.
Jen
--- Jay Varner <jay@sopobikes.org> wrote:
Hi Jennifer,
I'm glad you've found the wiki and website useful.
To answer some of
your questions - most (if not all) the shops in the
community that
operate on grants and donations are non-profit
(501(c)3)
organizations. I'm not sure what model you are going
for. The answers
to your questions can be a bit complex. To help us
help you, I'd
suggest giving this a read and figuring out where
your project fits:
http://www.bikecollectives.org/wiki/index.php?title=Bike_Collective_Starter_Kit
On Tue, Apr 1, 2008 at 9:00 PM, Jennifer Nordhem
<jen@milehighmess.com> wrote:
Hello everyone, my name is Jennifer Nordhem of the
soon to be Battlesteed Custom Bike Works in
Denver.
We're currently looking for places to rent for
our new
shop. I noticed some people say they don't,
which
would just be a miracle that I don't foresee
coming
true.
Here are the questions I have:
How much do you pay for rent?
About how much money do you receive monthly from
grants, donations, membership fees, sales, etc?
How much do you spend monthly on tools, etc?
I want to get a grasp on what kind of
income/outflow
to expect so I can budget how much we can afford
spending on rent.
Thanks everyone! The website and wiki have been
extremely helpful so far, I'm really happy to see
such
a supportive community.
Jen
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