RE: STC Transformation -- info

Subject: RE: STC Transformation -- info
From: "Robert Milkovich" <RMilkovich -at- ADVANCEDUTILITY -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Wed, 14 Jul 2004 11:00:15 -0400


That makes sense Sharon, thank you - too bad the STC has never mentioned
anything like that before that I'm aware of - it would have dispelled
all sorts of rumour and discontent among a lot of people.

-----Original Message-----
Sharon Burton said:

While I am president of a local STC chapter, I am not speaking for the
STC in a formal way right now. Not enough coffee, for sure.

But my understanding is that STC as it is currently set up cannot
certify. It is a violation of the Federal rules for this flavor of NPO.
We are a non-profit (NPO) with all sorts of restrictions on what we can
do, based on the flavor of NPO we are. As I recall, only trade
organization structured groups can certify.

We could, in theory, restructure as a trade organization. To restructure
to be a trade organization would, and I am probably getting some or many
of the details wrong here, require the STC to essentially disband and
then reorganize, leaving us open to paying taxes on all money over the
years as now income. Which would of course, create, oh several
insurmountable problems.

Or something like that. I have not had much coffee yet so others who are
more able to remember can fill in the details. Please don't hurt me for
the specific details I get wrong here. Just help correct them.

sharon

Sharon Burton
CEO, Anthrobytes Consulting
909-369-8590
www.anthrobytes.com


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