[ubuntu-us-mo] Incorporated / LLC

[Joe Brouhard]

Okay.  I have to ask.. WHY?

Why is this necessary or is deemed necessary?  More than half of us on
this team barely have the time to keep up with *buntu, let alone be
able to help run a LLC.

Teams should be autunomous, away from the main *buntu development,
within reason.  Forcing them down this road puts unneccessary stress
on some of the volunteers, especially those like me and Matt who are
already busy as hell.

That, and I do not understand why this is even remotely necessary.
Proxima Networks is filing for LLC to protect itself as well as my
self from any possible financial problems, and I do not see one reason
why the team should do this as most of our contributions are not
financial, let alone be able to make money off of it.

On 8/11/07, Kent Seaton <spr0k3t at gmail.com> wrote:
> I've been speaking with Matt on IM as well as a few of the main team leads
> with other LoCos and the general consensus is to file for Corporation/LLC
> listing.  The initial involvement will more than likely be a 503(c)
> corporation and later move to a 501(c)3 which is tax exempt.
>
> http://www.wikihow.com/Start-a-501c3-Nonprofit-Organization
>
> ^^^ 501(c)3 in a nutshell.
>
> We should have at least two interested parties attend the meetings for the
> USTeams LoCo meetings as they are working to build upon this from there.
>
> Published iCal:
> http://www.google.com/calendar/embed?src=dDA2bGswMjEwdTJ0azltcWdhc3Z1YWxqc2tAZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
>
> --
> Kent Seaton
>
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-- 
Joe Brouhard
jbrouhard at gmail.com