Re: Living in Florida/non profit org facts

[Guest guest]

I have hands on experience with non profit org management and be

vigilant, informed, and careful, while planning them.

A lawyer taught me the things to be careful with are-

Number One- Federal laws don't recognise an org as a ligit non profit

if board members or their families reap any bennifits from the orgs

mission. In other words if your family starts a " Help Joe Doe fund "

it's donations are taxable assets for Joe Doe his treasurer and the

donors don't get any tax deductions for giving to the fund {thus

discouraging big donations for Joe}.

Number Two- Any taxed income of an org can be considered income by

our SSI medicaid food stamps housing subsidies fuel assist etc and

could make you lose your needed benifits.

Except for religious groups {exempt under seperation of church and

state fed tax laws} a true 501c3 non taxable non profit has to serve

the general public and have a selection proccess open to gov scutiny.

So when you see news stories of how some bank or family begins a " Get

Joe Doe a Wheelchair fund " taxes will happen down the road to the

treasurer and recipient of Joe's fund of all donations. While the

bank gets a tax deduction for waiving accounts fees etc for the Joe

Fund, the media gets a feel good story for the public, but the Joe

Fund and it's donors get screwed by the feds.

The way around this is to have " Joe's Fund " taken under the wing of

another tax exempt official 501c3 non profit org that already exists.

If you create any non profit orgs to help folks like Joe then it's

legal as long as there's a selection process open to everyone..

I'm not trying to rain on anyones parade just telling the facts

because I don't want to see any more families getting taxed for

trying to help a disabled loved one.

> >

> > Wow. Complex theme of the assistance eh!

> >

> > And also, there are quite contrasting realities among states.

> >

> > Well, my chance is reduced to Orlando (with hurricanes and

> everything), so,

> > this will remain an issue for me and the ones who will to move

> there.

> >

> > Anyway, if there are some people interested on working together,

> organizing,

> > in order to reach more facilities and support (and so on in

> Florida),

> > please, let me know.

> >

> >

> >

> > BR to all!

> >

> > Lee

> >

> >

> >

> >

> >

> >

> >

> >

> >

> >

[Guest guest]

Hi Amy,

Thank you so much for so much information. You are making us start to think

as what we want to become, a sort of organization or organized group.

The thing, that I can observe, is that until we don’t know how many are

interested in share a project on Florida and get involve to work out

reaching programs, benefits, etc… (Whatever we consider), we can’t even tell

what kind of organization we are going to figure out. Also, at this point,

we don’t even know if it’s going to be non-profit or if it will be, or if

there’s another legal figure that may deal better in our case. We need to

collect information, and Florida’s local one mostly.

So, the only way to start is getting known with each other (the ones who

share Florida State as the interesting living place).

You brought, also, something else important, which is being realistic, so,

it’s great to count with you! Thank you!

Happy weekend to all!!!!

Lee

</message/26632;_ylc=X3oDMTJyamUwbHZ

sBF9TAzk3MzU5NzE1BGdycElkAzY4MTIxMDYEZ3Jwc3BJZAMxNzA1MDEzNDgxBG1zZ0lkAzI2NjM

yBHNlYwNkbXNnBHNsawN2bXNnBHN0aW1lAzEyMjkxMjI0MTc-> Re: Living in Florida/non

profit org facts

Posted by: " Amy "

<mailto:charmedcripchic@...?Subject=%20Re%3A%20Living%20in%20Florida%2

Fnon%20profit%20org%20facts> charmedcripchic@...

<charmedcripchic> charmedcripchic

Fri Dec 12, 2008 1:59 pm (PST)

I have hands on experience with non profit org management and be

vigilant, informed, and careful, while planning them.

A lawyer taught me the things to be careful with are-

Number One- Federal laws don't recognise an org as a ligit non profit

if board members or their families reap any bennifits from the orgs

mission. In other words if your family starts a " Help Joe Doe fund "

it's donations are taxable assets for Joe Doe his treasurer and the

donors don't get any tax deductions for giving to the fund {thus

discouraging big donations for Joe}.

Number Two- Any taxed income of an org can be considered income by

our SSI medicaid food stamps housing subsidies fuel assist etc and

could make you lose your needed benifits.

Except for religious groups {exempt under seperation of church and

state fed tax laws} a true 501c3 non taxable non profit has to serve

the general public and have a selection proccess open to gov scutiny.

So when you see news stories of how some bank or family begins a " Get

Joe Doe a Wheelchair fund " taxes will happen down the road to the

treasurer and recipient of Joe's fund of all donations. While the

bank gets a tax deduction for waiving accounts fees etc for the Joe

Fund, the media gets a feel good story for the public, but the Joe

Fund and it's donors get screwed by the feds.

The way around this is to have " Joe's Fund " taken under the wing of

another tax exempt official 501c3 non profit org that already exists.

If you create any non profit orgs to help folks like Joe then it's

legal as long as there's a selection process open to everyone..

I'm not trying to rain on anyones parade just telling the facts

because I don't want to see any more families getting taxed for

trying to help a disabled loved one.

[Guest guest]

Count us in for Florida residents interesting in supporting efforts for

services.  We are in Tampa.  Joe &

Re: Living in Florida/non profit org facts

Hi Amy,

Thank you so much for so much information. You are making us start to think

as what we want to become, a sort of organization or organized group.

The thing, that I can observe, is that until we don’t know how many are

interested in share a project on Florida and get involve to work out

reaching programs, benefits, etc… (Whatever we consider), we can’t even tell

what kind of organization we are going to figure out. Also, at this point,

we don’t even know if it’s going to be non-profit or if it will be, or if

there’s another legal figure that may deal better in our case. We need to

collect information, and Florida’s local one mostly.

So, the only way to start is getting known with each other (the ones who

share Florida State as the interesting living place).

You brought, also, something else important, which is being realistic, so,

it’s great to count with you! Thank you!

Happy weekend to all!!!!

Lee

</message/26632;_ylc=X3oDMTJyamUwbHZ

sBF9TAzk3MzU5NzE1BGdycElkAzY4MTIxMDYEZ3Jwc3BJZAMxNzA1MDEzNDgxBG1zZ0lkAzI2NjM

yBHNlYwNkbXNnBHNsawN2bXNnBHN0aW1lAzEyMjkxMjI0MTc-> Re: Living in Florida/non

profit org fact

s

Posted by: " Amy "

<mailto:charmedcripchic@...?Subject=%20Re%3A%20Living%20in%20Florida%2

Fnon%20profit%20org%20facts> charmedcripchic@...

<charmedcripchic> charmedcripchic

Fri Dec 12, 2008 1:59 pm (PST)

I have hands on experience with non profit org management and be

vigilant, informed, and careful, while planning them.

A lawyer taught me the things to be careful with are-

Number One- Federal laws don't recognise an org as a ligit non profit

if board members or their families reap any bennifits from the orgs

mission. In other words if your family starts a " Help Joe Doe fund "

it's donations are taxable assets for Joe Doe his treasurer and the

donors don't get any tax deductions for giving to the fund {thus

discouraging big donations for Joe}.

Number Two- Any taxed income of an org can be considered income by

our SSI medicaid food stamps housing subsidies fuel assist etc and

could make you lose your needed benifits.

Except for religious groups {exempt under seperation of church and

state fed tax laws} a true 501c3 non taxable non profit has to serve

the general public and have a selection proccess open to gov scutiny.

So when you see news stories of how some bank or family begins a " Get

Joe Doe a Wheelchair fund " taxes will happen down the road to the

treasurer and recipient of Joe's fund of all donations. While the

bank gets a tax deduction for waiving accounts fees etc for the Joe

Fund, the media gets a feel good story for th

e public, but the Joe

Fund and it's donors get screwed by the feds.

The way around this is to have " Joe's Fund " taken under the wing of

another tax exempt official 501c3 non profit org that already exists.

If you create any non profit orgs to help folks like Joe then it's

legal as long as there's a selection process open to everyone..

I'm not trying to rain on anyones parade just telling the facts

because I don't want to see any more families getting taxed for

trying to help a disabled loved one.