Non-profit tax-exempt status for corporations. It's for the sanctuary; we need a nonprofit to do some business as, and also so no assets belong to any single individual, which goes along with the whole "communal" bit.
What it looks like'll happen, is the non-profit will own all assets and take donations and shiznit, and a private corporation to sell any products, with the profits of the private corp going to the non-profit.
This equals one mighty shitload of paperwork and licenses.
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Date: 2002-11-25 11:12 pm (UTC)What it looks like'll happen, is the non-profit will own all assets and take donations and shiznit, and a private corporation to sell any products, with the profits of the private corp going to the non-profit.
This equals one mighty shitload of paperwork and licenses.