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Thread: 12/7/09 Latest Update on Non Profit Status

  1. #11
    Join Date
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    Mr. Drunkenclam......good late evening....

    Your statement above is quite a shock to me - especially when you have no idea what is in the works. To make a statement such as this and then follow up with a question as to an update on our NP status is quite disturbing to say the least.

    I assure you and all the members here at MAAST that all is good in MAAST tax land and with the State. As far as the NP status...our CPA, the BOD's, myself included... AND the IRS are still in the "determining" stages as to whether we (MAAST) fit into one of two different catagories. 501(c) (3) or 501(c) (7) Each and everytime there is an additional imformation request (on file), there is an answer - one that is discussed and decided amongst the BOD and answered by our CPA. It does apparently take time for this type of submission to be approved by the Government. Please note that our 2009 taxes (and all taxes from 2005 thru 2008 have already been filed, completed and done with) have already been delivered into the hands of our CPA for filing if this particular issue is troubling to you also. Tax audits are more than welcome as all receipts for expenses/income are on file and listed in our Treasurers Forum.

    Unless I have missed anything here (as far as the DEA)....what else can I do for you?
    Miss my 180 gal Brick Reef
    Sherri

  2. #12

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    Quote Originally Posted by Sherri View Post
    Mr. Drunkenclam......good late evening....

    Your statement above is quite a shock to me - especially when you have no idea what is in the works. To make a statement such as this and then follow up with a question as to an update on our NP status is quite disturbing to say the least.

    I assure you and all the members here at MAAST that all is good in MAAST tax land and with the State. As far as the NP status...our CPA, the BOD's, myself included... AND the IRS are still in the "determining" stages as to whether we (MAAST) fit into one of two different catagories. 501(c) (3) or 501(c) (7) Each and everytime there is an additional imformation request (on file), there is an answer - one that is discussed and decided amongst the BOD and answered by our CPA. It does apparently take time for this type of submission to be approved by the Government. Please note that our 2009 taxes (and all taxes from 2005 thru 2008 have already been filed, completed and done with) have already been delivered into the hands of our CPA for filing if this particular issue is troubling to you also. Tax audits are more than welcome as all receipts for expenses/income are on file and listed in our Treasurers Forum.

    Unless I have missed anything here (as far as the DEA)....what else can I do for you?


    i believe you have misunderstood.i merely asked for a update as to the NPO status.no more or less.as for the DEA comment I consult in research that involves illicit drugs.try an audit each month by the DEA that requires 1/100 of a gram accuracy.


    not sure as to your elaborate defense but do not "assume" I know nothing of the "work
    Last edited by justahobby; Fri, 9th Apr 2010 at 01:03 AM.

  3. #13
    Join Date
    04-08-2008
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    NW San Antonio
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    I seriously doubt that she (our treasurer) would be one to misunderstand anything of this sort. She is very dedicated to her position here on the BOD. Here is her response to your Update Request..

    I assure you and all the members here at MAAST that all is good in MAAST tax land and with the State. As far as the NP status...our CPA, the BOD's, myself included... AND the IRS are still in the "determining" stages as to whether we (MAAST) fit into one of two different catagories. 501(c) (3) or 501(c) (7) Each and everytime there is an additional imformation request (on file), there is an answer - one that is discussed and decided amongst the BOD and answered by our CPA. It does apparently take time for this type of submission to be approved by the Government.

    In other words: We have not been approved for a 501 (c)(3) nor a 501 (c)(7) and are awaiting a response from the gov. She will update on this just as soon as we receive an answer.

    We the BOD are just as anxious as yourself and many other members here on MAAST. But, again the process of getting accepted for NP does take time, effort & dedication to follow through with. I assure you, we are working our hardest to obtain a NP status and hope to have an answer for you in the near future.

    Hope this clears things up for ya!
    Last edited by Pennies2Cents; Fri, 9th Apr 2010 at 01:06 AM.


    Just a small tank...


  4. #14

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    Quote Originally Posted by Pennies2Cents View Post
    I seriously doubt that she (our treasurer) would be one to misunderstand anything of this sort. She is very dedicated to her position here on the BOD. Here is her response to your Update Request..

    I assure you and all the members here at MAAST that all is good in MAAST tax land and with the State. As far as the NP status...our CPA, the BOD's, myself included... AND the IRS are still in the "determining" stages as to whether we (MAAST) fit into one of two different catagories. 501(c) (3) or 501(c) (7) Each and everytime there is an additional imformation request (on file), there is an answer - one that is discussed and decided amongst the BOD and answered by our CPA. It does apparently take time for this type of submission to be approved by the Government.


    In other words: We have not been approved for a 501 (c)(3) nor a 501 (c)(7) and are awaiting a response from the gov. She will update on this just as soon as we receive an answer.

    We the BOD are just as anxious as yourself and many other members here on MAAST. But, again the process of getting accepted for NP does take time, effort & dedication to follow through with. I assure you, we are working our hardest to obtain a NP status in the near future.

    Hope this clears things up for ya!
    not sure what you think you cleared up here. all that was already posted.

  5. #15
    Join Date
    04-08-2008
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    How's this:

    We have not been approved for a 501 (c)(3) nor a 501 (c)(7) and are awaiting a response from the gov.


    Simple, Easy & Your question answered.


    Just a small tank...


  6. #16

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    Quote Originally Posted by Pennies2Cents View Post
    How's this:

    We have not been approved for a 501 (c)(3) nor a 501 (c)(7) and are awaiting a response from the gov.


    Simple, Easy & Your question answered.
    fair enough. but since it was "Simple, Easy & Your question answered" and you seem to know it all...answer this one


    what's the hold up?

    please be defensive in your reply. i await.

  7. #17
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    Lol... Your funny Mr. Clam..


    Just a small tank...


  8. #18
    Join Date
    04-08-2008
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    The hold up you ask???

    Well, its the gov that we are waiting for. So until we get a definite response on our NP status there is nothing more we can do other than wait.


    Just a small tank...


  9. #19

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    Quote Originally Posted by Pennies2Cents View Post
    Lol... Your funny Mr. Clam..

    hilarious actually. but you failed to answer the question.

    we play this anyway want.

    say when.

  10. #20
    Join Date
    09-16-2008
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    San Antonio
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    DrunkClam, your questions have been answered. This thread is so that MAAST members stay informed about our tax status. It is not for you to "play". Please move on.
    Last edited by justahobby; Fri, 9th Apr 2010 at 01:44 AM.
    Justin


    "Only bad things happen quickly in this hobby"

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