<a href=showthread.php?s=&postid=11838920#post11838920 target=_blank>Originally posted</a> by patboone7
What a pompus arrogant comment pescadero. Thanks.
Listen, nobody is asking you to join our club, you've made it perfectly clear your content with no structure, dues and all the other things that extremely bother you about our club and ideas. I don't need your sarcasm which was noted through your post. Have a good day.
whoa, wait a minute there. there was no sarcasm in my comment and i did not intend to offend you. i don't think that there's any legitimate reason for you to mount an offensive attack.
you said that you've formed a "not for profit organization," and the words "not for profit organization" are a precise legal term that describes a specific type of legal entity that is tax-exempt as a charity. any money that gets donated to a not for profit organization is considered a tax-deductible charitable contribution by the IRS. i know this from first-hand experience as an officer of a genuine, IRS-approved not-for-profit organization.
Fwiw, i had planned on attending your meeting. in fact, i had discussed the possibility of delivering another interested person's tub of salt at the meeting. now you've made it clear that because i am asking detailed questions, i am not welcome to join your club. i find that worrisome.
if you're going to describe your club project as a non-profit organization and you're going to collect money from people, then its important that people understand exactly what your entity is (and what it is not) before any monetary transaction takes place. if its not chartered as a 501(c)(3) corporation then its really not a good idea to represent it as a not for profit organization. if its a co-op, or a something along those lines, then it would be good to provide an accurate description before you start soliciting money so that there are no misunderstandings and nobody is unhappy. if the club will have no formal organization and won't have a Tax ID number and is attempting to collect money while flying under the radar without filing tax returns, then that should be disclosed too, as it can cause significant liability problems in the future for the people who might be elected to act as officers. on the outside chance that the club dues might be used to fund a web site that provides an advertising outlet for your business, that should be disclosed as well.
yes, as it turns out, forming a club and doing it properly is more complicated than most people think of it as being. that's one good reason to be informally organized, so that friends can throw money into a hat when its needed, rather than formally collecting dues from members. dues collection necessitates accounting, an audit trail, tax returns, and all sorts of headaches.
right now you are soliciting people to join a club that you have organized, and you have expressed a desire to collect money from them. in my previous post i was making a legitimate inquiry about how this money-collecting entity would be organized. your response to a legitimate question was inappropriate. that concerns me. at any rate, i now have the answer that i was looking for.
as someone who has experience as an officer of a genuine not-for-profit charitable corporation, i know how much work it is to create such an entity and to have it approved by the IRS. your use of a specific legal terminology implied that your organization has a specific legal organization that it does not have. to clarify the situation, i asked you a legitimate question in good faith. i am sorry for having made the wrong assumption. i'm also sorry for having offended you. i was not being sarcastic.
thanks for clarifying things for me.