|Renters, assoc. members & waiting: Finances?||<– Date –> <– Thread –>|
|From: Fred H. Olson (fholsoncohousing.org)|
|Date: Fri, 1 Jan 1999 18:12:17 -0600|
This message is in MIME format. The first part should be readable text, while the remaining parts are likely unreadable without MIME-aware tools. Send mail to mime [at] docserver.cac.washington.edu for more info. ------=_NextPart_000_01BE35B5.9ABA35C0 Ruth Chaet <rchaet [at] mindspring.com> is the author of the message below but due to a problem it was posted by the Fred the list manager: owner-cohousing-L [at] cohousing.org -------------------- FORWARDED MESSAGE FOLLOWS -------------------- Our cohousing association is facing the issue of what to do, financially, about associate members, renters, and waiting list people. As comptroller, I have to make a presentation to the finance team within the next two weeks. I would appreciate any input from other cohousing groups that have faced, and even solved this problem. We have 3 renters who participate fully in meetings, sweat equity, community service. Outside of payment for some utilities and meals, they pay nothing to the association. If you have renters, do they pay any form of dues or fees for being part of your community? What kind of fee structure do you have for associate members, people who do not live in the community, but would like to participate in our activities and meals, including cooking and cleaning. We do not have any facilities, such as a pool or tennis courts, to offer --only the Common House and whatever programs we have there. There is a tax problem with serving meals to non members plus a legal problem, since we are not a restaurant and legally, can supply meals only to members and guests. So, do you have associate members, what are their fees, their responsibilities, and their commitment? If you have a waiting list, do the people on it pay a yearly fee, quarterly dues, etc? Do you send them a quarterly bulletin? Is the person who deals with the waiting list people given those fees or do they revert to the treasury? Hope some of you in cohousing land have faced some of these problems and have some suggestions. I have checked the legal and tax aspects of "user fees" which would mean outsiders paying for the use of the Common House or eating at our common meals. I can deal with those aspects of outsiders but not the other items above. Ruth Chaet <rchaet [at] mindspring.com> ------=_NextPart_000_01BE35B5.9ABA35C0--
- Renters, assoc. members & waiting: Finances? Fred H. Olson, January 1 1999
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