gizer ([info]gizer) wrote in [info]green_persimmon,
  • Mood: determined
  • Music: Metallica the $5.98 E.P. Garage Days Re-Revisited

easy street

Alright, so I've been thinking about the profit vs. non-profit and money making issues and I think I've come up with the most applicable solution. If we devote ourselves to educating people (including ourselves) about sustainable living we can easily get the Oklahoma Sustainability Network to let us use their 501(c)(3) status. We could provide workshops ,put together informational packets ,maintain a website, etc. (easy enough) We could apply for grants or even charge for the workshops. Any money we bring in is tax free.
The last two co-ops I lived in operated under the Oklahoma Cooperative Housing Association. This already has non-profit status with the state of Oklahoma and an Employer Identification Number(which you need for utility accounts and tax stuff). However, we currently owe a large sum of money to Cox, but we'll have that cleared up soon. I think. We could use that, or start another organization, which isn't hard.
Let me know what you all think. I'd like to get the ball rolling on this stuff because it might take awhile to get Bylaws written and accepted by OSN, if we're going that route. It will take even longer if we try to get our own 501. If we get it going though we could start applying for grants before we even move in and have some start up capital (a big plus). That's one thing that worries me about the for-profit route, where would we get enough capital to start a business?

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[info]withlyn

August 6 2005, 01:05:10 UTC 6 years ago

Workshop #1: brewing your own cider!

OK, maybe not.

On the Non-Profit side:
How constrained is the money that we bring in from workshops or grants? Clearly, we can use them to do things like buy a windmill. Can we use them to buy food? Moreover, looking towards an even more ideal world, could we use them to help ease our dependence on outside jobs.

I'm really not sure exactly how the restrictions on Non-Profit groups apply. It seems like the people that run big, nationwide NPOs must be doing it full-time, and so it seems like they must be getting paid for it, or they'd be homeless and starving.

On the For-Profit side:
What kind of capital does it really take to start a business? I mean, obviously, we would need capital if we were going to be putting a downpayment on a house, or anything like that. Suppose, however, that we actually did manage a rent-to-own situation, either at my mom's house, some of April's land, or elsewhere. We'd just need enough money to start paying rent, no? This route doesn't get us grant-money for windmills or freedom from taxes, but it does get us more freedom of action.

I'm still perched on the ridge, not flowing to either side, just trying to take stock of drawbacks and benefits.

[info]victorzinc

August 6 2005, 09:31:10 UTC 6 years ago

Drunk post--- warning.

For the most part, as my dad explained to me (which I trust, seeing as how he works as the sole fund-raiser director for a University) a non-profit organization must provide something to the community which they themselves cannot provide.

[info]tank182

August 6 2005, 17:58:10 UTC 6 years ago

Re: Drunk post--- warning.

Can we do that?
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