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Old 07-14-2008, 06:22 PM   #1 (permalink)
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Default how's it going?

How is everything going, getting this set up?
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Old 07-17-2008, 09:51 AM   #2 (permalink)
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Default Re: how's it going?

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.
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Old 07-25-2008, 04:20 PM   #3 (permalink)
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Default Re: how's it going?

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.
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Old 07-25-2008, 09:07 PM   #4 (permalink)
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Default Re: how's it going?

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.

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Last edited by stevecpa66; 07-25-2008 at 09:17 PM. Reason: added info
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Old 07-28-2008, 09:28 AM   #5 (permalink)
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Default Re: how's it going?

Thanks for the info Steve. Email on it's way!
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Yesterday I needed money from the ATM machine. There was thisn old feeble lady in from of me and she couldn't figure out how to use the ATM machine. I asked her If I could help her in order to speed things up. She told me she was trying to check her 'balance'. I pushed her and she fell down.-----not very good balance.
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Old 07-29-2008, 07:09 AM   #6 (permalink)
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Default Re: how's it going?

Quote:
Originally Posted by stevecpa66 View Post
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.
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