20606Re: [midatlanticretro] MARCH & 501c3
- Apr 1, 2011ARGH!!! 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? :-)
> 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,
>> 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
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