nehemiahproject 
Member since Sep 1, 2010


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Recent Comments

Re: “Letters for the Week of September 1

i subscribe to the Tupac Shakur axiom that, "only God can judge me". not only because i am a Christian and believe in universal salvation and that he who is without sin should cast the first stone, but i know first hand that the judicial system is biased and unjust. that being the case, the death penalty should be abolished, because if ONE God-created human being is innocently put to death, the whole system is invalidated!

Posted by nehemiahproject on 09/02/2010 at 9:25 AM

Re: “The Sustainable Economies Law Center Wants to Help You Share

I represent a co-op. we are incorporated as a cooperative (in Ohio) and are seeking the 501(3)(c) tax-exempt status. We are looking at ways to structure the "co-op" in a way that would create a memberships status that functions more like a trust beneficiary (with Crummey-like powers), whereas a "member/beneficiary" has the option of reinvesting or drawing any cash. what are the legal obstacles to this type of set-up? The set-up envisioned gives the "Co-op" a better Value-Proposition than a traditional Co-op or a pure trust. Would this set-up be better accomplished with a regular cooperative (incorporated) with a separate private contract (trust)? Please advise or let us know if we're way off! please contact me if there are any questions or need of clarifications (330) 576-5425 or awallace@centralcommunityco-op.org

Posted by nehemiahproject on 09/01/2010 at 2:45 PM

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