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To: navigator
Non-profit corporations are obligated to be transparent. For starters that means your officers can't hide behind screen names. Did you know that?

Yes, of course.

For example, if I ask you for the name and address of your President, secretary, and chief financial officer you are obligated to tell me. Otherwise you are operating outside of the parameters set for your organization by the law under which FRN is incorporated (501C4). The names and addresses of these people are required to be public.

You're confusing two different things. 501(c)4 is an IRS-granted tax status, not "the law under which FRN is incorporated."

We'll be listing the names of Network directors on the FRN web site shortly. There is no requirement to provide individual addresses.

And that's just starters. If someone, that is ANYONE, should ask to see your tax returns for the last three years could and would you produce them?

Non-profits that have more than $25,000 in gross revenues are required to make public their IRS Form 990s. The Free Republic Institute had neither non-profit status nor revenues in 1999 and 2000, so no public documentation is required for those years. The Free Republic Network did file a Form 990 for 2001, though we were not required to do so, and we will be placing a copy of that document on the FRN web site in the near future.

If your answers are "no" and "no," then you should seriously think about starting this whole enterprise over from scratch.

Your opinion is noted.

53 posted on 11/02/2002 4:33:30 PM PST by Interesting Times
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To: Interesting Times
Don't get defensive with me. 501c4 refers to Title 26 Section 501 of the United States Code. That's the law last time I checked and you are the one who's confused.

_____________________________________________________________

"The Free Republic Institute had neither non-profit status nor revenues in 1999 and 2000, so no public documentation is required (NOT TRUE!!...CORPORATIONS ARE PUBLIC ENITIIES) for those years"-----

And that's yet another lethal problem you have. Your original organizer, Bob Johnson, advertised the Free Republic Network from its inception as a "non-profit organization" (freerepublic.net) when that wasn't true.

Concurrently, Brian L. Buckley created a real corporation, and only one, The FreeRepublic Institute. He never created the advertised corporation for Free Republic Network at all.


Do you understand that you are contemplating the equivalent of back-dating a time-sensitive document when you talk about FRN being a 501c4 corporation? Which entity are you talking about? FRN(no official organization) or FRI(now named FRN)?
They both required separate boards of directors, meetings, 1024 filings etcetera.

And that invites a followup question. When FRN was billing itself as a non-profit corporation, it wasn't a corporation at all. Didn't the board ever question this? And what did the FRN board of directors think it was guiding, a corporation or a club? The FRN was engaged in business. Did you file tax returns?

And on and on and on...

It simply isn't clear how FRN(unorganized) can take over FRI(corporation) at all, but then I haven't been following your adventures closely the past several years. May I ask, did you buy it? Was it given to you? Or what? As I pointed out, Brian L. Buckley is still listed as the agent. The corporate address is his address. What does Buckley have to say about this?

Since FRN had operations prior to this. Taking over some other totally separate "defunct" non-profit doesn't erase them. So, why are you doing it?


_____________________________________________________________

Regarding FRN directors:

NOn-profits are public not secret. 501c4's are supposed to furnish the names and addresses of three principle officers to anyone who wants to know. Your address and agent for service of process are public as well. An officer is not necessarily a director of the corporation.

The FRN(formerly FRI) corporation is incorporated under both California and Federal law. Methinks you are getting wires crossed regarding the provisions of these two entities.
54 posted on 11/03/2002 3:12:19 PM PST by navigator
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To: Interesting Times

True or False?

In general, if a tax-exempt organization filed an application (a 1024 in the case of a 501c4) for recognition of exemption under section 501, it shall make its application for tax exemption available for public inspection without charge at its principal, regional and district offices during regular business hours.

Followup:

Have you, as chairman, seen your own 1024?
55 posted on 11/03/2002 3:25:27 PM PST by navigator
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