|501(c)(7) and leases, and decision-making||<– Date –> <– Thread –>|
|From: Jonathan Reichel (jbreichelgmail.com)|
|Date: Mon, 9 Sep 2019 12:35:15 -0700 (PDT)|
Hi All, I recently moved into a coop household with 8 members--chores and cooking dinners 5 x per week are shared among the members, and there's a house meeting once per week. I've got two questions for you all: --The coop was registered as a 501(c)(7). Our lease is up for renewal and as novices, we're trying to learn whether we can propose listing the corporation on the lease rather than individual members. Does anyone know whether this is feasible as a 5019(c)(7), and if so, have any of you done it? --We realized that we lack a solid framework for decision-making, and I've taken the lead on researching different models (consensus, majority, etc). A Google search returns a plethora of reading materials, and many well-written descriptions of successful individual coop's strategies. I haven't, however, found an organized primer that provides a comparison of the most common models used by coops so we can start with an overview and consider pros and cons. If any of you knows of such a primer and would point me towards it, I'd be grateful! Thanks! Jonathan
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