ECA tax filing non for profit

[ECA]

Hi All just wanted to disclose that the official paperwork has been filed and is just waiting final approval.

The ECA has submitted the articles of incorporation as a 501(c)(6) —Non for profit filing – category: Business Leagues, Chambers of Commerce, Real Estate Boards, etc.

[Kate]

Thanks for the info.

Does that mean that there are guidelines for how the organisation is structured, who can be members and how directors etc are elected?

[ECA]

Thanks for the info.

Does that mean that there are guidelines for how the organiaation is structured, who can be members and how directors etc are elected?

The guidelines for membership are being written at the moment but they will be very detailed...officially there are no members yet as the guidelines for application and approval have not been completed. Once they are, a full application and approval process..... will happen period.

There are already bi laws in place. And a portion of the board has been elected. Once the full board has been elected we will make a post disclosing their names.

Once members have made it through the application process and paid their first dues we will add a sticky thread here with an ongoing updated list of all supplier and manufacturer members.

[Kate]

What I don't really understand is that you charge membership fees and are made up of vested interests but you say you're a charity. That would be illegal in the UK and you wouldn't be able to claim non profit status.

In the UK a non profit organisation is made up of it's members who elect a management committee when necessary. In turn the management committee employs staff to take on the day to day running of things, again if necessary. You have gathered a group of vested interests, made a management group and are now seeking a membership and donations from people who have been ineligible to join in decision making or vote.

I'm just a bit confused at how you can be a non profit really, you sound more like a club or trade body.

Anyway, good luck with it.

[ECA]

What I don't really understand is that you charge membership fees and are made up of vested interests but you say you're a charity. That would be illegal in the UK and you wouldn't be able to claim non profit status.

In the UK a non profit organisation is made up of it's members who elect a management committee when necessary. In turn the management committee employs staff to take on the day to day running of things, again if necessary.

I'm just a bit confused at how you can be a non profit really, you sound more like a club or trade body.

Anyway, good luck with it.

Hmmm well i am not sure anyone even understands all the tax laws even in their own country LOL!

I am not sure how it relates to the UK. All i can say is no one on the board is taking a salary paid by the ECA. The ECA is not selling anything for profit. It is a trade association under the 501c6 that is not for profit. We will however except donations and will be collecting membership dues to pay fo incured expenses... which will be limitless... IE paid staff, marketing, PR, ad campaings, lobbying firm, social groups, mailers, gifts to members like bumper stickers-tshirts-hats....Legal retainers etc....

The NRA is actually a similar entity but a differnt filing for a frame of reference.

The NRA has filied as a 501c3 category - Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations

Again the ECA is a 501c6 Business Leagues, Chambers of Commerce, Real Estate Boards, etc


here is the wiki on the differences in the tax filings. http://en.wikipedia.org/wiki/501(c)

[Avid]

What I don't really understand is that you charge membership fees and are made up of vested interests but you say you're a charity. That would be illegal in the UK and you wouldn't be able to claim non profit status.

In the UK a non profit organisation is made up of it's members who elect a management committee when necessary. In turn the management committee employs staff to take on the day to day running of things, again if necessary. You have gathered a group of vested interests, made a management group and are now seeking a membership and donations from people who have been ineligible to join in decision making or vote.

I'm just a bit confused at how you can be a non profit really, you sound more like a club or trade body.

Anyway, good luck with it.

Non-profit organizations | LII / Legal Information Institute

[Kate]

Thanks for the information, appreciated

[CJsKee]

Is the E Cig Assoc "Non Profit" or "Not for Profit"? I do know there is a difference but not sure exactly what it is. I used to work for a credit union and it was a "not for profit" organization.

[TDM]

What I don't really understand is that you charge membership fees and are made up of vested interests but you say you're a charity. That would be illegal in the UK and you wouldn't be able to claim non profit status.

Good for ECA they are not in the UK so everything is OK in the USA

[marcb70]

Non profit =! charity it just means that the money going into the organization isn't given as bonus and such(very primitive explanation).

Non profit - A group, often a corporation, organized for purposes other than generating profits; for example, a charitable, educational, religious, or scientific organization. Certification by the IRS or Franchise Tax Board is a common attribute.

A non-profit organization (abbreviated "NPO", also "not-for-profit") is a legally constituted organization whose objective is to support or engage in activities of public or private interest without any commercial or monetary profit

definitions I got from googling define: non profit