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Sure, I'll be around after the meeting. You're not doing Chinese tonight?<BR>
<BR>
Mitch.<BR>
<BR>
<BR>--------------<BR>> Date: Tue, 28 Oct 2008 15:22:50 -0700<BR>> From: rachel@xtreme.com<BR>> To: board@lists.noisebridge.net<BR>> Subject: Re: [Noisebridge-board] FW: [Fwd: And a few last questions]<BR>> <BR>> Yow...<BR>> <BR>> For the ones about family, business relationships, etc, I think they are <BR>> all NO with the possible exception of Jake fronting the rent & security <BR>> deposit.<BR>> <BR>> For the last few we should probably get together and discuss a bit. <BR>> Tonight after the general meeting?<BR>> <BR>> R<BR>> <BR>> Mitch Altman wrote:<BR>> > And some final questions from Carol...<BR>> > <BR>> > <BR>> > <BR>> > <BR>> > ------------------------------------------------------------------------<BR>> > <BR>> > Date: Tue, 28 Oct 2008 14:21:13 -0700<BR>> > From: mitch@CornfieldElectronics.com<BR>> > To: maltman23@hotmail.com<BR>> > Subject: [Fwd: And a few last questions]<BR>> > <BR>> > <BR>> > <BR>> > -------- Original Message --------<BR>> > Subject: And a few last questions<BR>> > Date: Tue, 28 Oct 2008 10:57:23 -0700<BR>> > From: Carol Gee <carolgee@sbcglobal.net> <mailto:carolgee@sbcglobal.net><BR>> > To: Mitch Altman <mitch@CornfieldElectronics.com> <BR>> > <mailto:mitch@CornfieldElectronics.com><BR>> > <BR>> > <BR>> > <BR>> > Hi Mitch: Here are just a few final (hopefully) questions, taken from the<BR>> > IRS application form:<BR>> > <BR>> > 1. Do we have any representative copies of newsletters, brochures, or<BR>> > similar documents for supporting details about activities and fundraising?<BR>> > Is the only source of communication the wiki? I looked at it and it is<BR>> > totally transparent. The IRS usually does look at this as part of the<BR>> > application review process, so we should be mindful of that. I guess I can<BR>> > print out some of the wiki? Any other ideas?<BR>> > <BR>> > 2. Question: Are any of your officers and directors related to each other<BR>> > through family or business relationships? If yes explain.<BR>> > <BR>> > 3. Is there a business relationship with any of Noisebridge's officers or<BR>> > directors? If yes, describe. (for example, if one of the<BR>> > directors/officers were your landlord, or a vendor, etc.)<BR>> > <BR>> > 4. Do any of the officers or directors receive compensation from any other<BR>> > organizations, whether tax exempt or taxable, that are related to<BR>> > Noisebridge through common control? If yes, explain.<BR>> > <BR>> > 5. NOTE: The application requires Noisebridge to certify that in<BR>> > establishing any compensation arrangements for officers and directors (or<BR>> > future employees, etc.) that you will adhere to the following:<BR>> > <BR>> > a. The individuals or groups that approve compensation arrangements<BR>> > will follow a conflict of interest policy (which is set forth in the bylaws)<BR>> > <BR>> > b. No compensation will be paid without advance approval by the board<BR>> > <BR>> > c. The approval process will be documented in writing, including the<BR>> > date and terms of approved compensation arrangements.<BR>> > <BR>> > 6. Will Noisebridge compensate anyone through non-fixed payments, such as<BR>> > discretionary bonuses or revenue-based payments? If yes, describe all<BR>> > non-fixed compensation arrangements, including how the amounts are<BR>> > determined, who is eligible for such arrangements, whether you place a<BR>> > limitation on total compensation and how you determine or will determine<BR>> > that you pay no more than reasonable compensation for services. AND will<BR>> > such non-fixed payments exceed $50,000 annually?<BR>> > <BR>> > 7. Will Noisebridge purchase from/ or sell to/ any goods, services, or<BR>> > assets from/to any of its officers directors or future employees or highly<BR>> > compensated independent contractors? IF yes, describe how you determine<BR>> > that the terms are negotiated at arm's length and that no more than fair<BR>> > market value is paid. Attach copies of any written contracts or agreements<BR>> > relevant to same.<BR>> > <BR>> > 8. Any loans, leases, contracts or other agreements between Noisebridge and<BR>> > its officers, directors (future employees or independent contractors)? If<BR>> > so, attach. This includes business dealings with entities in which an<BR>> > officer, director (or employee or independent contractor) has even a 35%<BR>> > interest. <BR>> > <BR>> > 9. In carrying out your exempt purposes, do you provide goods, services,<BR>> > or funds to individuals? To other organizations? If yes, describe.<BR>> > <BR>> > 10. Do any of your programs limit the provision of goods, services, or<BR>> > funds to specific individual or group of specific individuals? Such as,<BR>> > only to your members? If yes, describe. Also describe how individuals<BR>> > are selected for each program.<BR>> > <BR>> > 11. Do any of the recipients of goods, services of funds from Noisebridge<BR>> > programs have a family or business relationship with any officer, director<BR>> > (or in future, with employees or independent contractors?). If yes,<BR>> > explain.<BR>> > <BR>> > 12. Do you or will you maintain separate accounts for any contributor under<BR>> > which the contributor has the right to advise on the use or distribution of<BR>> > funds?<BR>> > <BR>> > 13. Describe further how fundraising will be accomplished. Give as many<BR>> > specifics as possible.<BR>> > <BR>> > <BR>> > <BR>> > <BR>> > ------------------------------------------------------------------------<BR>> > <BR>> > _______________________________________________<BR>> > Board mailing list<BR>> > Board@lists.noisebridge.net<BR>> > https://www.noisebridge.net/mailman/listinfo/board<BR>> _______________________________________________<BR>> Board mailing list<BR>> Board@lists.noisebridge.net<BR>> https://www.noisebridge.net/mailman/listinfo/board<BR><BR></body>
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