[UFO Chicago] incorporation, 501(c)3

[Nick Moffitt]

I know you're thinking of going nonprofit, but here's a word from Rick
Moen:

(excerpted from http://linuxmafia.com/~rick/essays/newlug.html)

> By contrast, a LUG can operate with expenses approaching zero: Its
> publications can be Web-based. Notices can be sent via e-mail
> instead of on flyers. Meeting space can usually be gotten for free
> at ISPs, colleges, Linux-oriented companies, or other institutions
> friendly to Linux, and can therefore be free of charge to the
> public. Having thus arranged to have roughly zero revenues as well
> as expenses, there is little need for tax-exempt status or
> incorporation. About the only thing you forego without incorporation
> is insurance and liability-protection, which shouldn't be a problem
> for modestly careful people.


-- 
You are not entitled to your opinions.
 
	01234567 <- The amazing* indent-o-meter! 
        ^	    (*: Indent-o-meter may not actually amaze.)