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20606Re: [midatlanticretro] MARCH & 501c3

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  • Ray Sills
    Apr 1, 2011
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      ARGH!!! Fooled me! But then, I'm gullible.

      73 de Ray

      On Apr 1, 2011, at 9:21 AM, Timothy J Fagan wrote:

      >
      >
      > Does anyone bother looking at the date when they read emails such
      > as these? :-)
      >
      > --Timster--
      >
      > Sent from my iPhone
      >
      > On Apr 1, 2011, at 9:11 AM, Dan Roganti <ragooman@...> wrote:
      >
      >>
      >>
      >> On Fri, Apr 1, 2011 at 9:03 AM, Justin Jernigan
      >> <jaj@...> wrote:
      >> I have been working behind the scenes with an attorney to help
      >> MARCH achieve 501(c)3 status, and it appears the IRS has approved
      >> our designation effective 1/1/2012. I met with IRS representatives
      >> in Trenton, NJ, yesterday afternoon to confirm our final
      >> application and to pay our filing fee. One item that had to be
      >> corrected was based on condition of IRS ruling 501c3 which
      >> stipulates that the status must be awarded within 27 months of
      >> incorporation. Our incorporation status exceeded that timeframe,
      >> therefore I had to file for a new shell corporation under the name
      >> Mid-Atlantic Retro Computer Hoarders, Inc. The timeframe to file
      >> for the shell corporation was short and I wanted to stay with the
      >> MARCH acronymn, and besides the description is somewhat accurate,
      >> right?
      >>
      >>
      >> hmmm, maybe Hobbyister ;)
      >> just thinking out loud here,
      >> Would the shell corp present a problem when the donations start
      >> coming in and the person's tax deduction paperwork shows this new
      >> name instead ?
      >> Maybe it might make someone leary about donating in the future -
      >> who knows.
      >> Is it possible to transfer it back to the original name ?
      >> Hopefully it doesn't create more tax paperwork headaches in the
      >> future.
      >>
      >> =Dan
      >>
      >>
      >>
      >>
      >
      >
      >
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