[Noisebridge-board] FW: [Fwd: Re: acknowledgment from IRS?]
maltman23 at hotmail.com
Wed Oct 22 11:58:56 PDT 2008
Here's Carol's response about acknowledgement from the IRS.
Date: Wed, 22 Oct 2008 11:15:11 -0700From: mitch at CornfieldElectronics.comTo=
: maltman23 at hotmail.comSubject: [Fwd: Re: acknowledgment from IRS?]
-------- Original Message -------- =
Re: acknowledgment from IRS?
Sat, 18 Oct 2008 16:46:41 -0700
Carol Gee <carolgee at sbcglobal.net>
Mitch Altman <mitch at CornfieldElectronics.com>Hi Mitch:It may be optimistic,=
but I think we could finish the tax exempt application to the IRS by the e=
nd of this coming week, if we really concentrate our efforts. There is an =
additional application that goes to the Attorney General. I have much of t=
he information from you already, and the bylaws are essentially finished, s=
o the groundwork has been laid. Once the application is submitted, the IRS=
usually responds fairly quickly with a letter acknowledging receipt. I ca=
n also issue a letter to the insurance company stating that the application=
has been filed, once it has been.Also, I noticed that according to the byl=
aws the organization needs to establish =93rules of conduct=94 to determine=
when a director is acting in an unacceptable manner. See bylaws, paragrap=
hs 6.6(e) and 6.7. This might also be another place to incorporate any pol=
icies that are required by the IRS, if they are not yet addressed by the by=
laws.Rgds,Carolon 10/17/08 12:50 AM, Mitch Altman at mitch at CornfieldElectro=
Hi Carol,Some of the insurance companies we are getting quotes from want us=
to send them an acknowledgment from the IRS that we applied as a 501(c)(3)=
. Do you have an ETA for when that can happen?Thanks,Mitch.
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