Central Iowa Linux User's Group

Officer Nominations

New Nominations 

• President - Josh More
• Secretary - Kenny Younger

Status Quo

• President - Dave Weis
• Vice President - Kevin Smith
• Sgt. At Arms - Kenneth Ristau
• Treasurer - Barry Von Ahsen
• Secretary - Tim Wilson

501(c)(3) discussion

501(c) is a provision of the United States Internal Revenue Code, listing twenty-seven types of non-profit organizations exempt from some Federal income taxes.  Section 501(c)(3) is a tax law provision granting exemption from the federal income tax to non-profit organizations. This exemption does not cover other federal taxes such as employment taxes.  (courtesy of Wikipedia) 

The benefits are we can have companies sponsor events such as meetings, install fests, etc, and have them donate stuff to us as a non-profit organization.  Companies typically are more able to give to 501(c)(3) organizations since the donations become a tax write-off.

Misc.

Be aware, there have been charges appearing on many credit cards for VIPTunes.  Check your credit card statements to see if you were affected.  Even a small charge could be a precursor to a much larger charge.  Some identity theives will put a small charge on to see if the card is active before using it for what they really want.

Payment Card Industry (PCI) is an attempt by the credit card companies to self-regulate, to hopefully keep the government at bay.

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