We acquired our 501c3 status a year ago. We had success using Sheri's templates. It's just a matter of filling out the IRS application.<br>Although , before you do that, you have to apply with the Secretary of State Corp Division to be a not for profit corporation. You'll need your articles of incorporation (Sheri has samples, and the Sec or State has the exact verbiage that the IRS wants to see)<br>
and You'll send your by-laws (I believe) and some other supporting documentation with the IRS application. They give you a good checklist.<br><br>Kelly Haverkate<br>Dayton Community Development Association<br><br><br>
<br><div class="gmail_quote">On Thu, Jul 7, 2011 at 4:21 PM, Tom Nelson <span dir="ltr"><<a href="mailto:NelsonT@sherwoodoregon.gov">NelsonT@sherwoodoregon.gov</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
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<p class="MsoNormal"><span style="color:blue">501c3s are not required to have an annual audit. Rather than use Legal Zoom for your paperwork, I would recommend you speak with Sherri Stuart. She has access to forms, templates,
and procedures used by numerous non-profits I forming Main Street Programs.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:blue"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;color:blue">Tom Nelson</span></b><span style="font-size:11.0pt;color:blue"><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Economic Development Manager<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">City of Sherwood<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">22560 SW Pine Street<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Sherwood, OR 97140<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Phone: <a href="tel:503-625-4247" value="+15036254247" target="_blank">503-625-4247</a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Cell; <a href="tel:503-867-5544" value="+15038675544" target="_blank">503-867-5544</a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">FAX: <a href="tel:503-625-5524" value="+15036255524" target="_blank">503-625-5524</a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Email: <a href="mailto:nelsont@sherwoodoregon.gov" target="_blank">nelsont@sherwoodoregon.gov</a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue">Web: <a href="http://www.ci.sherwood.or.us" target="_blank">www.ci.sherwood.or.us</a><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;color:blue"><u></u> <u></u></span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;color:#1F497D">
</span></b><b><span style="font-size:8.0pt;color:#1F497D"><img src="cid:image001.jpg@01CC3CC1.FA4592C0" alt="Colored Logo, with Text" width="93" height="65"></span></b><span style="font-size:8.0pt;color:blue"><u></u><u></u></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt">From:</span></b><span style="font-size:10.0pt"> <a href="mailto:oms_managers-bounces@listsmart.osl.state.or.us" target="_blank">oms_managers-bounces@listsmart.osl.state.or.us</a> [mailto:<a href="mailto:oms_managers-bounces@listsmart.osl.state.or.us" target="_blank">oms_managers-bounces@listsmart.osl.state.or.us</a>]
<b>On Behalf Of </b>Angi Ford<br>
<b>Sent:</b> Thursday, July 07, 2011 4:17 PM<br>
<b>To:</b> Oregon Main Street program managers<br>
<b>Subject:</b> Re: [OMS_MANAGERS] 501c(3) Costs?<u></u><u></u></span></p>
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<p class="MsoNormal">Hi George,<u></u><u></u></p>
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<p class="MsoNormal"> <u></u><u></u></p>
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<p class="MsoNormal">I didn't have anything to do with our 501(c)3, but I am not aware of any licensing for bookkeepers. Every organization I have work with has had an accountant/CPA do their audit. Often times this service has been volunteered. Do you have
any accountants/CPAs on your Board or any of your Main Street Committees?<u></u><u></u></p>
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<p class="MsoNormal"> <u></u><u></u></p>
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<p class="MsoNormal">~ Angi Ford<u></u><u></u></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">Sherwood Main Street<u></u><u></u></p>
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<p class="MsoNormal">On Thu, Jul 7, 2011 at 4:08 PM, George Custer <<a href="mailto:georgecuster191@msn.com" target="_blank">georgecuster191@msn.com</a>> wrote:<u></u><u></u></p>
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<p class="MsoNormal">Hello All,<br>
<br>
We in Oakridge are hoping to apply (finally) for our own 501C(3) status. We have been operating as a program under a local Community Dev. Corp. and want to be on our own. We are a small organization with a current total budget of less than $10,000.
<br>
<br>
We plan at this time to use Legal Zoom to do the paperwork. Any comments on this? We know that we'll need general liability insurance. But do we really need the insurance for the officers? I also understand that we'll need an audit each year. By a CPA or can
a licensed book keeper do the job?<br>
<br>
Are there any other annual costs that we will need to consider?<br>
<br>
Our community and area has around 5,000 people.<br>
<br>
Thanks for any and all comments/help.<br>
<br>
George Custer, President<br>
Uptown Business & Revitalization Assoc.<br>
P.O. Box 839 <br>
Oakridge, Oregon 97463<br>
<a href="tel:541-225-8484" target="_blank">541-225-8484</a> <br>
<br>
<u></u><u></u></p>
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_____________________________________________________<br>
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<br>
-- <u></u><u></u></p>
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<p class="MsoNormal">Angi Ford, Sherwood Main Street<u></u><u></u></p>
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<div>
<p class="MsoNormal">B.O.O.T.S. Coordinator<u></u><u></u></p>
</div>
<div>
<p class="MsoNormal"><a href="tel:503.625.7800" value="+15036257800" target="_blank">503.625.7800</a><u></u><u></u></p>
</div>
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<p class="MsoNormal"><a href="http://www.sherwoodoldtown.com/" target="_blank">www.sherwoodoldtown.com</a><u></u><u></u></p>
</div>
<p class="MsoNormal"><u></u> <u></u></p>
</div>
<br>
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