This afternoon's mail brought the certificate of filing from the Texas Secretary of State's office showing that RevGalBlogPals Inc. was officially incorporated as a non-profit corporation under the laws of the state of Texas effective July 17, 2006.
WOO-HOO and YEE-HAW!!
Here's what happens next:
1. Filing with the Texas Comptroller of Public Accounts for state franchise tax exemption
2. Obtaining a federal tax ID number
3. Preparing and filing our application to the IRS for 501-c-3- status
The organizing directors are Songbird, Mary Beth and myself. The three of us will serve until the first group of 7 directors is installed. We will be in touch with each other to adopt the by-laws (which are drafted and have been approved by The Matriarchs), approve the above filings and open a bank account. Then we will be ready to post information about how to join RGBP Inc. and we will schedule a meeting to elect the first group of directors. For your information, you must be a member of the RGBP webring in order to join RGBP Inc.
We can begin operating as a non-profit corporation, but will not be qualified as a 501-c-3 until the IRS approves our application. I'm not sure how long that will take, but hope it won't be more than a couple of months from the time we file our application.
The next 5 weeks will be really hectic for me as my oldest daughter's wedding is September 2. I hope to finish all the paperwork and get it in the mail before then, but can't promise! So I beg your patience in advance.
Meanwhile, let us all rejoice and be exceeding glad as RGBP Inc. has been created!
WOO-HOO and YEE-HAW!!
Here's what happens next:
1. Filing with the Texas Comptroller of Public Accounts for state franchise tax exemption
2. Obtaining a federal tax ID number
3. Preparing and filing our application to the IRS for 501-c-3- status
The organizing directors are Songbird, Mary Beth and myself. The three of us will serve until the first group of 7 directors is installed. We will be in touch with each other to adopt the by-laws (which are drafted and have been approved by The Matriarchs), approve the above filings and open a bank account. Then we will be ready to post information about how to join RGBP Inc. and we will schedule a meeting to elect the first group of directors. For your information, you must be a member of the RGBP webring in order to join RGBP Inc.
We can begin operating as a non-profit corporation, but will not be qualified as a 501-c-3 until the IRS approves our application. I'm not sure how long that will take, but hope it won't be more than a couple of months from the time we file our application.
The next 5 weeks will be really hectic for me as my oldest daughter's wedding is September 2. I hope to finish all the paperwork and get it in the mail before then, but can't promise! So I beg your patience in advance.
Meanwhile, let us all rejoice and be exceeding glad as RGBP Inc. has been created!
That's awesome! Congratulations! :-)
ReplyDeleteCongratulations! And thanks again for all the hard work you've done with this, QG.
ReplyDeleteYeeHaw. We are on the move now.
ReplyDeleteThanks for your hard work.
1. Filing with the Texas Comptroller of Public Accounts for state franchise tax exemption
2. Obtaining a federal tax ID number
3. Preparing and filing our application to the IRS for 501-c-3- status
And a wedding to boot. Boy are you going to be working hard and fast and furious!
Oh, this is jusr marvelous! THanks to the Matriarchs for all their work!
ReplyDeleteBlessings and celebrations!
Our first anniversary, and this, all in one week!!
Hooray - Glory be and the saints be praised!
ReplyDeleteHistory in the making!
:)
QG, thank you for all your work on this! Thanks to all the Matriarchs and Mark, too!
ReplyDeleteIs this WONDERFUL or what???
Wonderful News!!!
ReplyDeleteHooray!!! Three cheers for the RevGalBlogPals, Inc.!!!!!
ReplyDeleteY'all are simply THE BEST!
ReplyDeleteYou guys (gals) are AWESOME!
ReplyDeleteWooHoo!!!
ReplyDeleteThank you SO much Grace!
ReplyDeletewonderful news. Thank all of you for your hard work both now (and to come)
ReplyDeleteBlessings and love,
Lorna x
SPECTACULAR! Thank you.
ReplyDeleteYou. Are. Superwoman!
ReplyDeleteWow.
ReplyDeleteGolly.
It'll be more difficult to get into the next book of Advent Reflections now. Ah...competition. The popularity will grow!
Wa-ha-hooie! as Goofy used to say.
ReplyDeleteThat has me smiling from ear to ear.
God bless us, Inc!
Yehaaa!!!
ReplyDeleteWell-done good and faithful servants of the RevGalBlogPals webring!!
I feel like I've missed something (and probably did) what benifits will RGBP have being INCed?
ReplyDeleteFantastic news! Thanks for all your hard work--in the midst of everything else. Amazing!
ReplyDeleteLeslee, one of the Matriarchs mentioned that incorporating RGBP will allow us to apply for grants--for future conferences among other things.
This is exciting stuff.
Incorporating is the first step in applying for non-profit status which will, as JWD says, put us in a position to apply for grant money with the idea of sponsoring some kind of retreat event for the Ring.
ReplyDeleteAnd given that we made a fair amount of money from the Advent book, we needed to establish ourselves as not-for-profit in the event we have another more successful fundraising project and want it to be clear that we are not a group with taxable income.
Hope this helps!
Thanks girls! I get it now!!!
ReplyDelete