Business Expense Form Free
September 9th, 2010
Question: Is this a business ? Fondation ? Organization ? Not for Profit ?
A group of 40 local citizens wish to form an organization , Citizens Against Corrupt Cops.
We are willing to contribute shared financial resources , professional expertise and experience , time and volunteer work. No one gets salary. You contribute for free what you can to organiztion in terms of times.
We want to take on figuring out how to control our cops / challenge some practices / laws.
We will purchase attorneys / media advertsing and try to attract other lilke minded membership / campaign sort of contributions ? To continue to fund our mission statement and vision of future operations ?
We also need to have a bank account / accountant . Probably as first expenses with attorneys . Do we need public or private corporations .
We hope to be as successful as MADD .. Mothers Against Drunk Driving was to change laws regarding corroptuion in police.
Answer: Based on the information provided, you are forming a grass roots community organization that should be structured as a nonprofit. That means that you should 1) contact your secretary of state request the articles of incorporation for a nonprofit corporation 2) you will have to elect a board of directors 3) apply for a federal tax identification number (ask the irs for the ss4 form) 4) apply for tax exemption status with the irs using form 1023.
I advise you to speak with a local attorney so that he/she can provide additional details on the legal aspects of each of these steps.
dajuan tircuit
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Bank Vozrozhdenie Reports H1 2010 IFRS Profit of 218 Million Rubles, Up +25% qoq
MOSCOW–(BUSINESS WIRE)–Bank Vozrozhdenie (VZRZ) published its H1 2010 IFRS results with key items as follows: Net Income: Rub 218 million ($7 million), 25% up QoQ Operating income: Rub 1800 million (5% increase in Q2 compared to Q1) Assets: Rub 147 billion (up 7% from the previous year) Cost to income ratio before provisions: 66.7% Return on Equity (ROE): 2.7% for H1 2010 (50 bps up QoQ …
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