A Quick Update
Summer is here!!! Yay!!!
I know it has been awhile since Project Create has put up a post, but fret not, we are still moving forward. As the summer progresses, I am finishing up work here in Chicago and getting ready to make the move to New Orleans in less than 3 weeks!!!
Here is a quick update on where Project Create is:
Now that we are incorporated in Louisiana and have our Employee Identification Number, I am currently (as in writing this post is a break during) filling out my application for our 501(c)3 tax exempt status. This puppy is HUGE, and it really takes a lot of planning and preparation. I did not start working on it today, and I will not finish everything for at least another week or so. I do not suggest finishing it in one sitting.
If I can complete the application accurately the first time around, I should receive a response in about 60 days. This is a much better option than hastily submitting and having my application either rejected completely or assigned to an Exempt Organization Specialist. An EO Specialist is generally a helpful case worker who will further scrutinize my application and help me complete it more accurately. However, the timeline for approval increases dramatically if an EO Specialist is assigned, so I would like to avoid that altogether.
If all goes well, I should have a determination letter sometime this fall. This means there is a very real possibility of opening the Project Create facility in October or November of this year!!!
Once I complete my application, I will post about the process with some tips and hints. Until then, you can find out more here.
This is a slow but very important step, so bear with us! Until then, enjoy the summer and stay CREATIVE!!!