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On 7/5/12 5:43 PM, James Carlson wrote:
<blockquote
cite="mid:CANO7nBGGNsB4Q8tBuS16fMvNNgoJPjUCXkZEOjQiCEhEAwW69w@mail.gmail.com"
type="cite">"<span
style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px;background-color:rgb(255,255,255)">One
of the arguments being put forth is that members must not work
on</span><br
style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px;background-color:rgb(255,255,255)">
<span
style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px;background-color:rgb(255,255,255)">individual
projects, because that would be a benefit to the member</span><br
style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px;background-color:rgb(255,255,255)">
<span
style="color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px;background-color:rgb(255,255,255)">versus
the public, and somehow violate the 501c3 rules."</span></blockquote>
Good point. Warning IANAL: That requirement is so you aren't
rolling in money, or giving yourself 'PR Contracts' from the
hackerspace. If you do proper bookkeeping, that should be no
problem.<br>
<br>
Problematic: Your space hiring you for 'PR Management' for 10,000 a
year.<br>
Not Problematic: You working at the space as a startup space.<br>
Not Problematic: You (or others) making a share of profits from the
class, as long as it's standardized to all teachers. <br>
<br>
My experience with that clause is from a friend that was trying to
run a for-profit bakery out of a housing cooperative. Quite similar
to a member building 'for profit' projects in a hackerspace. All we
needed to do was to change (and have in our bookkeeping) his payment
for use of the space as rent, and it was all-clear.<br>
<br>
hack on,<br>
- Far McKon<br>
<br>
<br>
<br>
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