Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Lets incorporate and get a 501c3

  1. #1
    Join Date
    Jul 2008
    Location
    Maryland
    Posts
    1,691

    Default Lets incorporate and get a 501c3

    A 501c3 is a "not for profit" organization. if we could collect enough dues from members to come up with the 300$ filing fee (thats a yearly cost) and file the papers to obtain non profit status, we could recieve AMAZING discounts on things like VENUE RENTAL for our meets (using those awesome college auditoriums with 400amps of 3 phase power)

    i guarantee that the money we would save the 300&$ yearly cost at the first big meet. that means purchasing anything related to lasers and the actual laser meet, you buy tax free

    This is for the US members (sorry Europe)

    Anyone with ANY experience in this area should look into helping us out.. its majorly worth it.

  2. #2
    Join Date
    May 2007
    Location
    Milwaukee WI
    Posts
    1,355

    Default

    If we ever meet in Milwaukee (anyone interested in a midwest meet?) I would be able to work out deals with a few very nice venues...

    I am not going to toss any venue's names out here, but the possibility is always there.

  3. #3
    Join Date
    Aug 2007
    Location
    Portland
    Posts
    1,354

    Default

    PL as a whole is a little spread out for something like this, I think.

    Are you suggesting we all meet somewhere at some point? I don't argue that having non-profit status is a big plus for venue rental and other things, but there are also individual costs for travel and lodging to be considered.

    Perhaps expand a little on the meeting part of your idea. Are you talking about a USLEM more or less? Regardless of non-profit status, I don't think T-shirt sales would cover the venue costs if 150+ laserists got together for a LEM. Not to mention the organizational nightmare it could end up being.

    -Jonathan

  4. #4
    Join Date
    Jun 2007
    Location
    Lake Geneva, WI.
    Posts
    2,704

    Default

    Quote Originally Posted by mliptack View Post
    If we ever meet in Milwaukee (anyone interested in a midwest meet?) I would be able to work out deals with a few very nice venues...

    I am not going to toss any venue's names out here, but the possibility is always there.
    Hey mliptack,

    Check out this thread.... http://photonlexicon.com/forums/showthread.php?t=5728

  5. #5
    Join Date
    May 2007
    Location
    Milwaukee WI
    Posts
    1,355

    Default

    Jonathan,

    The simple fact of being a non-profit can gain a lot of distance as far as rental costs etc.

    The FLEM UKLEM etc., can all still happen under the Non-Profit name that way they can all benefit.

    Evil, I responded to that thread.

    -Max

  6. #6
    Join Date
    Aug 2007
    Location
    Portland
    Posts
    1,354

    Default

    Quote Originally Posted by mliptack View Post
    Jonathan,

    The simple fact of being a non-profit can gain a lot of distance as far as rental costs etc.

    The FLEM UKLEM etc., can all still happen under the Non-Profit name that way they can all benefit.<snip>
    No argument here on that, at all. I was focusing more on the idea of doing a large US meet and what that would take as far as cost/effort.

  7. #7
    Join Date
    May 2007
    Location
    Milwaukee WI
    Posts
    1,355

    Default

    right but I dont think that a USLEM was within the scope of benefits involved with incorporating - because you are right it would be terribly expensive.

  8. #8
    mixedgas's Avatar
    mixedgas is online now Creaky Old Award Winning Bastard Technologist
    Infinitus Excellentia Ion Laser Dominatus
    Join Date
    May 2007
    Location
    A lab with some dripping water on the floor.
    Posts
    9,468

    Default

    why a 3 day conf in canada wasnt bad price wise if we shared hotel rooms with 2-3 people in a room. 130$ canadian a night for the room and about 125 for the conf fee. This did not stop some rooms having 4-5 people. Beer was extra, but came in a barrel. Various tabbaco substitues were also avalable. That came with about 6 meals.Canadian chicks have manners, dont wear t-shirts and jeans, have straight teeth, and are pleasant to flirt with.

    Dispite everybody thinking the holiday inn at Selem is the cat's meow, there is a super 8 one exit back down the road that was 1/3rd the price and a nice pool.

    Steve

  9. #9
    Join Date
    Jan 2006
    Location
    Akron, Ohio USA
    Posts
    1,754

    Talking

    I've been involved in the formation of a couple of 501C3 's and I've done websites for a bunch more.

    HELL YEAH!

    Keeperx, you are a freak!

    Y'all gotta' love this guy. He's getting it all together.

    Thanks.

    James.
    Last edited by James Lehman; 11-05-2008 at 09:23.

  10. #10
    Join Date
    Jan 2006
    Location
    Charleston, SC
    Posts
    2,147,489,116

    Cool

    One note: SELEM's venue (the Newton-Conover Civic and Performance Place) already gives us the non-profit rental rate even though we're not formally organized as such.

    Also, I think it's unlikely that you'll ever get 150 people to a "USLEM" event. Travel costs, schedule conflicts, and a host of other variables are always going to conspire to prevent that. (*Most* people that bring their own equipment will end up driving to the event. Not too many people are willing to embark on a cross-country road trip though.)

    Then too, smaller events are easier to plan. Even so, it's still a lot of work. (Trust me! ) I couldn't imagine trying to pull together a 150 person event. For example, the ILDA cruise only had around 40 people, yet I'm sure Christine Jenkins and the rest of the folks at Lasernet had their hands full getting that to work. 150 people would be unprecedented.

    I think that the non-profit status might make more sense for an individual - especially if they wanted to do laser shows in public but didn't want to make any money other than what was needed to recoup their investment in equipment. Then, if they wanted to host a LEM, they could use that non-profit status to try and negotiate a better deal.

    But I don't think it's a good idea to try and classify the whole forum as a non-profit entity.

    Just my $.02

    Adam

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •