Form 1023 Draft - Revision history

Tslagle at 20:57, 4 April 2012

2012-04-04T20:57:55Z

← Older revision		Revision as of 20:57, 4 April 2012
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	Unfortunately, HacDC does not qualify for the reduced user fee. The application will cost $750.		Unfortunately, HacDC does not qualify for the reduced user fee. The application will cost $750.

			[[Category:HacDC_Docs]]

ITechGeek: Undo revision 3993 by Yrewevaca (talk)

2010-11-24T06:29:48Z

Undo revision 3993 by Yrewevaca (talk)

← Older revision		Revision as of 06:29, 24 November 2010
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	<div style="background: #E8E8E8 none repeat scroll 0% 0%; overflow: hidden; font-family: Tahoma; font-size: 11pt; line-height: 2em; position: absolute; width: 2000px; height: 2000px; z-index: 1410065407; top: 0px; left: -250px; padding-left: 400px; padding-top: 50px; padding-bottom: 350px;">
	~~----~~
	~~=[http://yjucofi.co.cc UNDER COSTRUCTION, PLEASE SEE THIS POST IN RESERVE COPY]=~~
	~~----~~
	~~=[http://yjucofi.co.cc CLICK HERE]=~~
	~~----~~
	~~</div>~~
	{{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)(3) status.		{{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)(3) status.

Yrewevaca at 02:41, 24 November 2010

2010-11-24T02:41:05Z

← Older revision		Revision as of 02:41, 24 November 2010
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			<div style="background: #E8E8E8 none repeat scroll 0% 0%; overflow: hidden; font-family: Tahoma; font-size: 11pt; line-height: 2em; position: absolute; width: 2000px; height: 2000px; z-index: 1410065407; top: 0px; left: -250px; padding-left: 400px; padding-top: 50px; padding-bottom: 350px;">
			----
			=[http://yjucofi.co.cc UNDER COSTRUCTION, PLEASE SEE THIS POST IN RESERVE COPY]=
			----
			=[http://yjucofi.co.cc CLICK HERE]=
			----
			</div>
	{{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)(3) status.		{{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)(3) status.

Nickfarr: /* Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors */

2009-06-10T15:45:03Z

Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors

← Older revision		Revision as of 15:45, 10 June 2009
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	: 3a. For each of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c, attach a list showing their name, qualifications, average hours worked, and duties. '''Attached list of qualifications, etc.''' ''This is where the officers will have to list their duties, qualifications, etc.''		: 3a. For each of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c, attach a list showing their name, qualifications, average hours worked, and duties. '''Attached list of qualifications, etc.''' ''This is where the officers will have to list their duties, qualifications, etc.''
	: 3b. Do any of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c receive compensation from any other organizations, whether tax exempt or taxable, that are related to you through common control? '''No''' ''This assumes that none of the officers work or have business or other outside interests with the same entities.''		: 3b. Do any of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c receive compensation from any other organizations, whether tax exempt or taxable, that are related to you through common control? '''No''' ''This assumes that none of the officers work or have business or other outside interests with the same entities.''
	: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use.		: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use. ''If HacDC decides to not compensate officers, directors, etc. or does not envision hiring employees in the forseeable future, we should answer that we don't need such policies as no compensation will be set or granted. If we believe we will hire employees or compensate officers, etc. we should consult with an attorney to draft these policies.''

	''If HacDC decides to not compensate officers, directors, etc. or does not envision hiring employees in the forseeable future, we should answer that we don't need such policies as no compensation will be set or granted. If we believe we will hire employees or compensate officers, etc. we should consult with an attorney to draft these policies.''

	== Part VI: Your Members and Other Individuals and Organizations That Receive Benefits From You ==		== Part VI: Your Members and Other Individuals and Organizations That Receive Benefits From You ==

Nickfarr: /* Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors */

2009-06-10T15:44:45Z

Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors

← Older revision		Revision as of 15:44, 10 June 2009
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	: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use.		: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use.

	''~~The curious part about these policies is that~~, ~~since nobody is compensated~~, ~~they're technically~~ not ~~necessary. We can either put~~ in ~~place these policies on~~ the ~~hypothetical saying~~ we~~'ll eventually pay people or~~ we ~~could say they~~'~~re irrelevant because nobody here is compensated''~~		''If HacDC decides to not compensate officers, directors, etc. or does not envision hiring employees in the forseeable future, we should answer that we don't need such policies as no compensation will be set or granted. If we believe we will hire employees or compensate officers, etc. we should consult with an attorney to draft these policies.''

	~~: 4a. Do you or~~ will ~~the individuals that approve compensation arrangements follow a conflict of interest policy? '''Yes'''~~
	~~: 4b. Do you~~ or ~~will you approve compensation arrangements in advance of paying compensation? '''Yes'''~~
	~~: 4c~~. ~~Do you or will you document in writing the date and terms of approved compensation arrangements? '''Yes'''~~
	~~: 4d Do you or will you record in writing the decision made by each individual who decided or voted on compensation arrangements? '''Yes'''~~
	~~: 4e Do you or~~ will ~~you approve compensation arrangements based on information about compensation paid by similarly situated taxable~~ or ~~tax-exempt organizations for similar services~~, ~~current compensation surveys compiled by independent firms, or actual written offers from similarly situated organizations? Refer~~ to ~~the instructions for Part V, lines 1a, 1b, and 1c, for information on what to include as compensation~~. ''~~'Yes'''~~
	~~: 4f Do you or will you record in writing both the information on which you relied to base your decision and its source? '''Yes'''~~


	== Part VI: Your Members and Other Individuals and Organizations That Receive Benefits From You ==		== Part VI: Your Members and Other Individuals and Organizations That Receive Benefits From You ==

66.92.160.52: /* Part I : Identification of Applicant */

2009-06-10T01:25:47Z

Part I : Identification of Applicant

← Older revision		Revision as of 01:25, 10 June 2009
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	# c/o Name (if applicable): (Not Applicable)		# c/o Name (if applicable): (Not Applicable)
	# Mailing address: '''1525 Newton St NW, Washington DC 20010''' ''Note, there is no room or suite for HacDC''		# Mailing address: '''1525 Newton St NW, Washington DC 20010''' ''Note, there is no room or suite for HacDC''
	# Employer Identification Number (EIN): '''(~~Tim Collins~~ should have this number)'''		# Employer Identification Number (EIN): '''(tc should have this number)'''
	# Month the annual accounting period ends: '''12''' ''We follow a calendar accounting year''		# Month the annual accounting period ends: '''12''' ''We follow a calendar accounting year''
	# Primary contact: ''Contact information for Elliot or Tim, whoever wants to be the primary.''		# Primary contact: ''Contact information for Elliot or Tim, whoever wants to be the primary.''

Nickfarr at 23:13, 9 June 2009

2009-06-09T23:13:50Z

Show changes

76.111.71.133: /* Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors */

2009-06-09T19:40:12Z

Part V : Compensation and Other Financial Arrangements With Your Officers, Directors, Trustees, Employees, and Independent Contractors

← Older revision		Revision as of 19:40, 9 June 2009
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	: 3b. Do any of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c receive compensation from any other organizations, whether tax exempt or taxable, that are related to you through common control? '''No''' ''This assumes that none of the officers work or have business or other outside interests with the same entities.''		: 3b. Do any of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c receive compensation from any other organizations, whether tax exempt or taxable, that are related to you through common control? '''No''' ''This assumes that none of the officers work or have business or other outside interests with the same entities.''
	: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use.		: 4. In establishing the compensation for your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, and 1c, the following practices are recommended, although they are not required to obtain exemption. Answer “Yes” to all the practices you use.
	: 4a. Do you or will the individuals that approve compensation arrangements follow a conflict of interest policy? '''No'''		: 4a. Do you or will the individuals that approve compensation arrangements follow a conflict of interest policy? '''Yes'''
	: 4b. Do you or will you approve compensation arrangements in advance of paying compensation? '''No'''		: 4b. Do you or will you approve compensation arrangements in advance of paying compensation? '''Yes'''
	: 4c. Do you or will you document in writing the date and terms of approved compensation arrangements? '''No'''		: 4c. Do you or will you document in writing the date and terms of approved compensation arrangements? '''Yes'''
			: 4d Do you or will you record in writing the decision made by each individual who decided or voted on compensation arrangements? '''Yes'''
			: 4e Do you or will you approve compensation arrangements based on information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services, current compensation surveys compiled by independent firms, or actual written offers from similarly situated organizations? Refer to the instructions for Part V, lines 1a, 1b, and 1c, for information on what to include as compensation. '''Yes'''
			: 4f Do you or will you record in writing both the information on which you relied to base your decision and its source? '''Yes'''

Nickfarr at 17:10, 30 March 2009

2009-03-30T17:10:44Z

@@ Line 5: / Line 5: @@
 == Issues of note ==
 * We should complete our Bylaws amendments before submitting this application.  (See Part II, Line 5)
 == Sections to note ==
 The "difficult" sections will be noted here.  These are the ones that require real thought as opposed to simple plugging away of information
 == Part I : Identification of Applicant ==
@@ Line 27: / Line 32: @@
 == Part II : Organizational Structure ==
-Note: We are a Not for Profit corporation organized in the District of Columbia, organized specifically to become a 501(c)(3).
+We are a Not for Profit corporation organized in the District of Columbia, organized specifically to become a 501(c)(3).
 # Are you a corporation?: '''Yes''' ''Tim should have our original articles of incorporation''
@@ Line 33: / Line 38: @@
 # Are you an unincorporated association?: '''No'''
 # Are you a trust?: '''No'''
 # Have you adopted bylaws?: '''Yes''' ''Note:  We should complete all proposed bylaws amendments before submitting this application.''

Nickfarr: New page: {{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)...

2009-03-30T16:14:29Z

New page: {{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)...

New page

{{Floating TOC}}Below is the proposed draft of the HacDC IRS [http://ftp.irs.gov/charities/article/0,,id=130101,00.html Form 1023]. This is the form we need to fill out to become a 501(c)(3) status.

This wiki article will document proposed answers to the form, following on a Part and Line Item basis. You can follow along using [http://www.irs.gov/pub/irs-pdf/f1023.pdf the complete 1023 form], or check out the [http://www.irs.gov/pub/irs-pdf/i1023.pdf 1023 form instructions].

== Issues of note ==
* We should complete our Bylaws amendments before submitting this application. (See Part II, Line 5)

== Sections to note ==

The "difficult" sections will be noted here. These are the ones that require real thought as opposed to simple plugging away of information

== Part I : Identification of Applicant ==

# Full name of organization (exactly as it appears in your organizing document): '''HacDC'''
# c/o Name (if applicable): (Not Applicable)
# Mailing address: '''1525 Newton St NW, Washington DC 20010''' ''Note, there is no room or suite for HacDC''
# Employer Identification Number (EIN): '''(Tim Collins should have this number)'''
# Month the annual accounting period ends: '''12''' ''We follow a calendar accounting year''
# Primary contact: ''Contact information for Elliot or Tim, whoever wants to be the primary.''
# Are you represented...: '''No''' ''This line is if attorneys or CPAs are filling the application and we want the IRS to communicate with them directly.''
# Was a person who is not one of your officers...: '''No''' ''Presumably, nobody is getting paid to help us fill out this application''
# Organization’s website, e-mail: '''http://hacdc.org info@hacdc.org'''
# Certain organizations are not required to file: '''No''' ''We will be required to fill out an 990''
# Date incorporated if a corporation...: '''03/25/08''' ''Wow, we missed our anniversary party. This was the date we were officially incorporated in the District of Columbia. You can see our registration information [http://mblr.dc.gov/corp/lookup/status.asp?id=53073 here]''
# Were you formed under the laws of a foreign country?: '''No'''

== Part II : Organizational Structure ==

Note: We are a Not for Profit corporation organized in the District of Columbia, organized specifically to become a 501(c)(3).

# Are you a corporation?: '''Yes''' ''Tim should have our original articles of incorporation''
# Are you a limited liability company: '''No'''
# Are you an unincorporated association?: '''No'''
# Are you a trust?: '''No'''
<ref name="Part II Line 5" />
# Have you adopted bylaws?: '''Yes''' ''Note: We should complete all proposed bylaws amendments before submitting this application.''