[Noisebridge-discuss] Meeting notes posted for Thu 7th
Matt Peterson
matt at peterson.org
Fri Feb 8 17:22:24 UTC 2008
Howdy,
Basic rough notes have been posted on the wiki for last nights meeting
<https://www.noisebridge.net/index.php/Meeting_Notes_2008_02_07>.
Some new faces, a number of IRC to IRL mappings established and some
great discussion on LLC's vs. Non-profits - thanks Andy for the
research efforts!
I suppose the big news is to move forward with a DBA of noisebridge,
at this point registered under 4 member names - Mitch, Jake, Rachel,
and myself. The major goal being meet for a method of collecting the
initial seed start-up cost (as noted on the wiki, a commercial space
is likely going to require a 3x monthly rent security deposit).
Preference is being put on setting up the actual account with a local
credit union or bank, with an ideal of zero/minimum monthly fees.
An LLC appears to be the logical least-path-of-resistance at this
point, mostly because non-profit money tracking needs to be very
extensive and an unknown "thumbs up" commitment from various
government levels for approval. A concern also exists on setting up a
non-profit correctly to factor in board member insurance. This is not
to say a 501c3 isn't the best option, again just not the easiest for
the initial setup months.
--Matt
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