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Saturday, July 22, 2006

RGBP INC.--It's official!

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!

22 comments:

  1. That's awesome! Congratulations! :-)

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  2. Congratulations! And thanks again for all the hard work you've done with this, QG.

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  3. YeeHaw. We are on the move now.
    Thanks 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!

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  4. Oh, this is jusr marvelous! THanks to the Matriarchs for all their work!

    Blessings and celebrations!

    Our first anniversary, and this, all in one week!!

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  5. Hooray - Glory be and the saints be praised!

    History in the making!

    :)

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  6. QG, thank you for all your work on this! Thanks to all the Matriarchs and Mark, too!

    Is this WONDERFUL or what???

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  7. Hooray!!! Three cheers for the RevGalBlogPals, Inc.!!!!!

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  8. You guys (gals) are AWESOME!

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  9. wonderful news. Thank all of you for your hard work both now (and to come)

    Blessings and love,
    Lorna x

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  10. Wow.
    Golly.

    It'll be more difficult to get into the next book of Advent Reflections now. Ah...competition. The popularity will grow!

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  11. Wa-ha-hooie! as Goofy used to say.

    That has me smiling from ear to ear.

    God bless us, Inc!

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  12. Yehaaa!!!
    Well-done good and faithful servants of the RevGalBlogPals webring!!

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  13. I feel like I've missed something (and probably did) what benifits will RGBP have being INCed?

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  14. Fantastic news! Thanks for all your hard work--in the midst of everything else. Amazing!

    Leslee, 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.

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  15. 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.
    And 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!

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