Post #1678515
2026-04-13 20:13 UTC
@sam it would be a lot of work, but it seems like it would be a worthwhile endeavour. how would you structure it? incorporate as a not-for-profit, a member cooperative, or a worker cooperative?
Replies (1)
-
@sam@social.coop 2026-04-13 20:16
@andrewe my initial thought is that it would have to be a member co-op (I assume it wouldn't have employees, so a worker co-op wouldn't make sense) where the projects each put a bit in the pot to pay for taxes at the end of the year or any fees on the bank account or what not. Making it a 501(c)3 (if in the U.S.) or some other classification may or may not make sense depending on the goals, but that can also be a lot of extra work to get set up so it may not be worth it for small projects who don't need tax deductible donations anyways, that would probably be something for the members to decide on eventually, probably not something that has to be considered up front.