| ▲ | margalabargala 4 hours ago |
| I did some digging in a reply to a sibling comment. Basically, they are not a 501c3. They are a Michigan state specific nonprofit. My original comment was made after a 501c3 search turned up nothing. I don't know why they would decline to be a 501c3 and instead only be a Michigan nonprofit. |
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| ▲ | pavon 3 hours ago | parent | next [-] |
| The 501c3 tax exception is specifically for charitable organizations, and the law and IRS interpretations exclude a number of groups that would colloquially fall under that description. On top of that there are many groups who aren't doing charitable work, but want to reinvest all revenue back into the organization and not be beholden to shareholders (private or public). |
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| ▲ | margalabargala 2 hours ago | parent [-] | | That's not true. Charitable organizations are just one of many groups that qualify as a 501c3. Groups dedicated to scientific, literary or educational purposes also quality. The reason this is a problem is that Rebble is using their being a "non-profit" as a point of advertisement but there is essentially no difference between someone owning a for-profit company, and someone controlling and heading a non-profit company where they set their own salary and are not a 501c3. |
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| ▲ | 4 hours ago | parent | prev | next [-] |
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| ▲ | apparent 4 hours ago | parent | prev [-] |
| Huh that seems very odd. And it's strange (and possibly misleading) to say you are a "non-profit" under these circumstances. Any chance they recently changed status, and it's just not showing up yet? |
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| ▲ | margalabargala 4 hours ago | parent | next [-] | | > Any chance they recently changed status, and it's just not showing up yet? The Rebble Foundation incorporated in 2023, so I don't think so. I agree it's strange. The advantages of being a 501c3 in the US are immense, and if you meet the criteria, it is not difficult to become one. Essentially every organization larger than 6 people in the US that could be a 501c3, is one, for this reason. So if they aren't, I assume it's because they can't be. Which makes me wonder why. | |
| ▲ | ChrisMarshallNY 2 hours ago | parent | prev [-] | | Just FYI. 501(c)(3) is not the only federal nonprofit designation. I have dealt with 501(c)(7) (basically a club), and I suspect there are others. | | |
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