[sac-board] Re: Incorporation, yes or no
- From: "Peter" <pargenz@xxxxxxx>
- To: <sac-board@xxxxxxxxxxxxx>
- Date: Tue, 19 Jul 2005 20:57:31 -0700
Paul,
I wonder if you could elaborate on numbers 1 and 2.
Why would the constitution need to be rewritten? How exactly is it
'inappropriate'? The articles of
incorporation are a wholly separate document from the constitution and bylaws.
As an example, EVAC
has been a non-profit corporation for just over a decade with a constitution
almost identical to
SACs.
Money? The fee for incorporating as a non-profit in Arizona is $40 ($75 for
expedited processing).
Add to that a $10 fee to reserve the name you intend to use while the paperwork
is being processed.
So far you've spent $50 or $85. After the Corporation Commission approves your
application you are
required to publish the articles of incorporation in a newspaper in the county.
This represents the
largest single expense, maybe about $150 - perhaps less depending on their
rates. Suitable
newspapers include Arizona Business Gazette, Arizona Capitol Times or the
Record Reporter. So, the
total expenditure is less than $250. Somehow I don't see how a financial
concern would be a reason
not to incorporate.
How would incorporating the MM not involve the two issues you believe are
barriers to incorporating?
I will certainly agree there may be valid reasons not to incorporate... I just
don't think you've
identified them.
Peter
-----Original Message-----
From: sac-board-bounce@xxxxxxxxxxxxx [mailto:sac-board-bounce@xxxxxxxxxxxxx] On
Behalf Of Paul
Dickson
Sent: Tuesday, July 19, 2005 7:36 PM
To: sac-board@xxxxxxxxxxxxx
Subject: [sac-board] Re: Incorporation, yes or no
To major problems with incorporating, (1) rewriting the constitution and
(2) money. The biggest would be (1). Our current constitution is not
appropriate for
incorporating.
If we believe obtaining signed releases is a pain, maintaining our
incorporation is also going to
fall flat too. And incorporating won't help us if it comes to trial.
What might help is incorporating the Arizona Messier Marathon as a entity
separate from SAC.
-Paul
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