Gmail Seth Frey <moctodliamg@gmail.com>

Re: BCL 1023 materials ready

Seth Frey <sethfrey@indiana.edu> Wed, Dec 1, 2010 at 11:10 AM
To: David Zuckerman <dhz4488@umd.edu>

seth.

Graduate Student, Cognitive Science and Complex Systems, Indiana University
–– http://enfascination.com –– http://bloomingtoncoop.org ––



Forwarded conversation
Subject: Re: BCL 1023 materials ready
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From: David Sparer <sparer@herricklaw.net>
Date: Fri, Mar 5, 2010 at 2:28 PM
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From: Seth Frey <sethfrey@indiana.edu>
Date: Fri, Mar 5, 2010 at 3:31 PM
To: Lisa Schelling <lrschell@umail.iu.edu>, devin mawdsley <dcmawd@gmail.com>, Elliott Hayden <ephayden@indiana.edu>, Lydia Comer <lydiaacomer@gmail.com>


Good news.  His one question is taken care of, which suggests that
everything else is fine.
Lisa, how shall we handle the check?  Can you give me one this Sunday?
Lydia, looks like one contract is fine.
I'll try print up the packet this Sunday.
-seth

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From: Lisa Schelling <lrschell@umail.iu.edu>
Date: Fri, Mar 5, 2010 at 3:44 PM
To: Seth Frey <sethfrey@indiana.edu>


I can get you the check this Sunday if you come to Bag End for potluck -- just let me know how much it should be for and who it should be made out to, and Zach Gobst and/or i will get it ready for you.

cheers,
lisa

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From: Seth Frey <sethfrey@indiana.edu>
Date: Fri, Mar 5, 2010 at 3:51 PM
To: David Sparer <sparer@herricklaw.net>
Cc: bloomingtoncoop@gmail.com


Hey Rosebud,

That is great news.  My understanding from your last email was that
our Articles were fine ("The Board will be an elected group of eight
Members") but that the Bylaws needed to be changed.  We consequently
changed the Bylaws to have the same language.
Great, we already have that language in the right spot.
I think I'll just print Everything out, sign the relevant parts, and
send you the big packet.
My understanding is that there are only three ways that the final
packet to the IRS will be different from the files in that folder:
*file AAA1023_MainForm1023Incomplete.pdf will not be in the final
packet, because it is redundant with the other PDF of the main form
*Your cover letter will be on there too.
*There will be a check for $400

-seth

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From: Seth Frey <sethfrey@indiana.edu>
Date: Fri, Mar 5, 2010 at 3:52 PM
To: Lisa Schelling <lrschell@umail.iu.edu>


Awesome,
$400 to "The United States Treasury"
-seth

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From: David Sparer <sparer@herricklaw.net>
Date: Fri, Mar 5, 2010 at 4:02 PM
To: sethfrey@indiana.edu
Cc: bloomingtoncoop@gmail.com


Hi Seth:  Ooops you're right.  It was the By Laws that needed to be adjusted to match the articles.  So all is good.  Sounds good to have you just mail me a big packet with everything.
 
One correction is that your application fee will be $850, not $400.  $400 is if your gross receipts are $10,000 or less.  Yours, according to section IX of the 1023 were over $60,000 just last year and are projected to be over $100,000 this year.  So, I'm afraid you're in the $850.00 category.
 
I'll look for the big mailing. 
 
 
>>> Seth Frey <sethfrey@indiana.edu> 03/05/10 02:51PM >>>-seth

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From: Seth Frey <sethfrey@indiana.edu>
Date: Fri, Mar 5, 2010 at 4:05 PM
To: David Sparer <sparer@herricklaw.net>


Perfect, thanks for the correction,
-seth

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From: Seth Frey <sethfrey@indiana.edu>
Date: Fri, Mar 5, 2010 at 4:08 PM
To: Lisa Schelling <lrschell@umail.iu.edu>, Zach Gobst <zgobst@gmail.com>


Oh, two corrections:
First, I should have mailed Zach instead.  Habit.
Second, the filing fee is not $400, but $850 (our gross reciepts,
a.k.a "Total Revenue" were in fact greater than $10,000).

One thing is still correct, the recipient of that representation of a
bundle of cash is still "The United States Treasury"

Ooh, and a favor, could you fill out the "memo" line as "Filing for
tax exemption" and photograph the check, and give the photo to Ignasi
to publish to flickr or the blog?

Thanks again,
-seth

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From: Zach Gobst <zgobst@gmail.com>
Date: Fri, Mar 5, 2010 at 4:18 PM
To: Seth Frey <sethfrey@indiana.edu>
Cc: Lisa Schelling <lrschell@umail.iu.edu>


Ok, $850 should be fine.  I'll doublecheck the financials later today.  I'll have it written out tonight.