Issue #1 what kind of company.

[Terrence]

We discussed a few options 503c, Lcorp, and fraternity. I am not
limiting these options to what I just mentioned. Personally I think
the idea of a fraternity would be amazing. Does anyone know the
difference between a 503c and a fraternity?

--
tuna
65617420646120706f6f20706f6f

[Tim Krabec]

Here is a list of organizations from wikipedia
From our discussions we've narrowed it down to a 501c3 & a 501c8 or 501c10  I had done some prior research into a 501c7, which I do not think will work at all.  One of the key provisions of the c7 is The club must be supported by membership fees, dues, and assessments.
From IRS.gov A section 501(c)(7) organization may receive up to 35 percent of its gross receipts, including investment income, from sources outside of its membership without losing its tax-exempt status

• 501(c)(1) — Corporations Organized Under Act of Congress (including Federal Credit Unions)
• 501(c)(2) — Title Holding Corporation for Exempt Organization
• 501(c)(3) — Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations
• 501(c)(4) — Civic Leagues, Social Welfare Organizations, and Local Associations of Employees
• 501(c)(5) — Labor, Agricultural, and Horticultural Organizations
• 501(c)(6) — Business Leagues, Chambers of Commerce, Real Estate Boards, etc.
• 501(c)(7) — Social and Recreational Clubs
• 501(c)(8) — Fraternal Beneficiary Societies and Associations
• 501(c)(9) — Voluntary Employee Beneficiary Associations
• 501(c)(10) — Domestic Fraternal Societies and Associations
• 501(c)(11) — Teachers' Retirement Fund Associations
• 501(c)(12) — Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies, Mutual or Cooperative Telephone Companies, etc.
• 501(c)(13) — Cemetery Companies
• 501(c)(14) — State-Chartered Credit Unions, Mutual Reserve Funds
• 501(c)(15) — Mutual Insurance Companies or Associations
• 501(c)(16) — Cooperative Organizations to Finance Crop Operations
• 501(c)(17) — Supplemental Unemployment Benefit Trusts
• 501(c)(18) — Employee Funded Pension Trust (created before June 25, 1959)
• 501(c)(19) — Post or Organization of Past or Present Members of the Armed Forces
• 501(c)(21) — Black lung Benefit Trusts
• 501(c)(22) — Withdrawal Liability Payment Fund
• 501(c)(23) — Veterans Organization (created before 1880)
• 501(c)(25) — Title Holding Corporations or Trusts with Multiple Parents
• 501(c)(26) — State-Sponsored Organization Providing Health Coverage for High-Risk Individuals
• 501(c)(27) — State-Sponsored Workers' Compensation Reinsurance Organization
• 501(c)(28) — National Railroad Retirement Investment Trust

--
Tim Krabec
Kracomp
772-597-2349
www.kracomp.com
www.smbminute.com (podcast)
tkrabec.com

[Terrence]

I don't think we run into that membership funding that you are saying
with the c10. The only thing about the c10 is that the money has to go
back into the frat....ie booze.
--
tuna
65617420646120706f6f20706f6f

On Fri, Sep 16, 2011 at 09:42, Terrence <secret...@gmail.com> wrote:
> IRC 501(c)(10) Looks promising.
>
> --
> tuna
> 65617420646120706f6f20706f6f

[Terrence]

IRC 501(c)(10) Looks promising.

--
tuna
65617420646120706f6f20706f6f

On Fri, Sep 16, 2011 at 08:56, Tim Krabec <tkr...@gmail.com> wrote:

[Jason Malley]

Researching the Frat now.

> <eotopicf04.pdf>

[Terrence]

rho psi pie

it looks like pwn
--
tuna
65617420646120706f6f20706f6f

[Tim Krabec]

There is already a rho psi pie
we could do
rho omicron psi eta
Ροψη

[Terrence]

Does that matter?

--
tuna
65617420646120706f6f20706f6f

[Terrence]

rho psi eta?

--
tuna
65617420646120706f6f20706f6f

[Tim Krabec]

dunno

[Tim Krabec]

that works too

[Jason Malley]

That would work. 

[Piero Picasso]

I like it........

P33P33

[William Cellich]

That is pretty good!

[Jose Hernandez]

Sounds like a good idea.

--Jose H.

www.josehelps.com

[Jay]

very nice :)

On Sep 16, 1:55 pm, Jose Hernandez <josehe...@gmail.com> wrote:
> Sounds like a good idea.
>
>
>
> On Fri, Sep 16, 2011 at 1:14 PM, William Cellich <celli...@gmail.com> wrote:
> > That is pretty good!
>

> > On Sep 16, 2011 1:01 PM, "Piero Picasso" <picasso.pi...@gmail.com> wrote:
>
> > > I like it........
>
> > > P33P33
>

> > > On Sep 16, 2011 11:13 AM, "Jason Malley" <jtmal...@aol.com> wrote:
> > > > That would work.
>

> > > > On Sep 16, 2011, at 10:05 AM, Tim Krabec <tkra...@gmail.com> wrote:
>
> > > >> There is already a rho psi pie
> > > >> we could do
> > > >> rho omicron psi eta
> > > >> Ροψη
>

> > > >> On Fri, Sep 16, 2011 at 9:58 AM, Terrence <secretpack...@gmail.com>

> > wrote:
> > > >> rho psi pie
>
> > > >> it looks like pwn
> > > >> --
> > > >> tuna
> > > >> 65617420646120706f6f20706f6f
>

> > > >> On Fri, Sep 16, 2011 at 09:53, Jason Malley <jtmal...@aol.com> wrote:
> > > >> > Researching the Frat now.
>

> > > >> > On Sep 16, 2011, at 9:42 AM, Terrence <secretpack...@gmail.com>

> > wrote:
>
> > > >> >> IRC 501(c)(10) Looks promising.
>
> > > >> >> --
> > > >> >> tuna
> > > >> >> 65617420646120706f6f20706f6f
>

> > > >> >> On Fri, Sep 16, 2011 at 08:56, Tim Krabec <tkra...@gmail.com>