Cohousing-L Mailing List: 501(c)3 status

[revjat (revjat]

Placitas Sage Cohousing is a developing senior community in New Mexico between 
Albuquerque and Santa Fe.  Two years ago we organized as an LLC.  Now, as we 
are about to purchase our site from members, we realize the advantages of being 
a 501(c)3 non-profit. 
Can any of you tell us how best to change to that status, and/or the advantages 
or disadvantages of doing so?

We will have 16 units ("casitas") and common house on about 7 acres, are about 
to purchase the land, and hope to start building by the beginning of next year. 
 We are self-developing now, but hoping to find a developer to work with us.  
We now have 7 households committed, and are actively marketing in the area and 
through our website, PlacitasSage.org.  I'll be attending the Conference in 
Durham to gather more information.

Joyce Thompson
Placitas Sage Cohousing
Placitas, New Mexico
505-697-2212