On Aug 1, 2014, at 10:46 AM, Brandon Allbery <allber...@gmail.com> wrote:
> On Thu, Jul 31, 2014 at 11:39 PM, Derek Balling <dr...@megacity.org> wrote: > I think - as a member - a question that is obvious here comes to mind: > > - How much does forming this sub-corporation cost? > - How much does all the lawyering to figure out the formation/legalities cost? > - How much overhead is involved in managing a completely separate second > entity, cost-wise? > > as compared to > > - How much revenue does LOPSA (the 501c3) actually see from the conferences. > > I expect that collecting the answers to those questions so that an *informed* > discussion can take place is the whole point of the current board activity. > It's not like setting up such a subsidiary is something that can be done in a > handful of board meetings, unless you're a large enough corporation that you > can delegate the real work to a small army of lawyers and administrators. Agreed. I guess my perception was it went further in the board meetings than I would have expected without it having been mentioned as a possibility in a LOPSAgram, etc. Although those particular questions should require any significant work at all. D
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