how's it going?

[Maze]

How is everything going, getting this set up?

[Force Feed]

Slow but steady. We need to get a few more thngs put to bed and we'll be able to run pretty hard after that.

[obert1]

Need to get this non-profit stuff set up. I was at the bank here in Omaha and the PBR said I needed a letter stating we were non-profit and a FID#. Anyone a laywer? Seriously though, from all this reading I think we can put it together as "a group of friends coming together" without having to go through all the technical aspects that bigger, more advanced non-profs have. I just need to figure out how to do that.

[stevecpa66]

For the Fed ID#, go to Internal Revenue Service and on the home page is a section of most requested forms. one is Form SS-4, use this to apply for your federal id#.

The association probably needs to incorporate for liability reasons. Otherwise, I believe that each member could be individually liable for the actions of the association, I think, but could be wrong. I would think that the assistance of an attorney would be well worth it. I could assist on the books and record keeping side even though I don't do any nonprofit work. It shouldn't be to complicated.

Steve

Feel free to pm me or email me at stevecpa-at-charterinternet.com.

[obert1]

Thanks for the info Steve. Email on it's way!

[Scott G.]

Originally Posted by stevecpa66

For the Fed ID#, go to Internal Revenue Service and on the home page is a section of most requested forms. one is Form SS-4, use this to apply for your federal id#.

The association probably needs to incorporate for liability reasons. Otherwise, I believe that each member could be individually liable for the actions of the association, I think, but could be wrong. I would think that the assistance of an attorney would be well worth it. I could assist on the books and record keeping side even though I don't do any nonprofit work. It shouldn't be to complicated.

Steve

Feel free to pm me or email me at stevecpa-at-charterinternet.com.

You are correct, the organization will need to incorporate.