[Vision2020] Co-op pays taxes

Fri Jul 8 08:32:55 PDT 2005

Please advise the tax category for the Moscow Coop.  I would assume that 
they are qualified under one of the cooperative categories of IRS Section 
501.  If not, how are they registered with the IRS?

At 10:57 AM 7/7/2005, you wrote:

>P-
>No. The Moscow Food Co-op is not tax exempt
>While the Co-op is a not-for-profit store (no owner/shareholder dividends
>are paid) so "profits" are put back into the store in new equipment or lower
>prices, etc.  Thus the Co-op directly benefits its 3,500 members.
>But the Co-op is not tax-exempt and has never applied for any IRS exempt
>designation.
>BL
>
>
>
>----- Original Message -----
>From: "Phil Nisbet" <pcnisbet1 at hotmail.com>
>To: <london at moscow.com>
>Sent: Thursday, July 07, 2005 10:45 AM
>Subject: Re: [Vision2020] Varying Visions
>
>
> > Bill
> >
> > Did the Coop not file for any sort of Tax exempt status?
> >
> > You see, I have no problem with the Coop or any other of the entities down
> > there.  Frankly, its a business with a community good.
> >
> > Phil
> >
> > >From: "Bill London" <london at moscow.com>
> > >To: "Phil Nisbet" <pcnisbet1 at hotmail.com>, <thansen at moscow.com>
> > >CC: <vision2020 at moscow.com>
> > >Subject: Re: [Vision2020] Varying Visions
> > >Date: Thu, 7 Jul 2005 10:41:20 -0700
> > >
> > >P-
> > >You are wrong about the Moscow Food Co-op.  The Co-op pays all relevant
> > >taxes.
> > >The Co-op does not own its building so it only pays property taxes
> > >indirectly through its rent.
> > >The Co-op pays all the usual sales and employee taxes.
> > >BL
> > >
> > >
> > >
> > >----- Original Message -----
> > >From: "Phil Nisbet" <pcnisbet1 at hotmail.com>
> > >To: <thansen at moscow.com>
> > >Cc: <vision2020 at moscow.com>
> > >Sent: Wednesday, July 06, 2005 9:54 PM
> > >Subject: RE: [Vision2020] Varying Visions
> > >
> > >
> > > > Tom,
> > > >
> > > > How about enlightening me about why you are upset with them and not
>with
> > >a
> > > > tax exempt store operating in the same zone, to whit, The Moscow Coop?
> > >If
> > > > the issue is having tax paying entities in the Downtown area, then is
>it
> > > > good to have Gart's taken over by a non-tax paying store like the
>Coop?
> > > > Should we be looking at driving the Non-tax paying Goodwill from the
> > > > confines of Main Street?  How about the Eagles or the Moose or the
> > >Masons?
> > > >
> > > > The thing that I am trying to suggest to you Tom, is that these tax
> > >exempt
> > > > entities are moving into downtown because its cheap.  Its cheap
>because
> > > > there is not a whole lot of economic activity.
> > > >
> > > > On the Fourth of July in almost any other town USA, Main Street is
> > >swarmed
> > > > with Parade crowds, stores having sales, street fairs and the rest.
>The
> > > > weekend of the Fourth was deathly quiet here.
> > > >
> > > > How do we keep all of downtown from being swallowed up by people who
>are
> > >not
> > > > tax paying?  How about gettting some economic activity generated?  If
> > >there
> > > > was demand because we had people making good money and willing to
>spend
> > >it,
> > > > then there would be no problem either generating tax revenues or
>seeing
> > >that
> > > > the price and cost of those buildings would not just keep them in
>paying
> > > > owners hands, but the Non-payers would look to sell and move.
> > > >
> > > > So, please, instead of bickering, lets look at what we can all find
> > > > acceptable in terms of industry and how we can attract it.  Lets stop
> > >saying
> > > > that its the bad old legislature in Boise and start thinking of ways
>to
> > > > build legislative coalitions to increase U of I activity and chances
>for
> > > > grants.
> > > >
> > > > Phil Nisbet
> > > >
> > > > PS, Tom, I walk down to downtown to shop and hit the resteraunts all
>the
> > > > time.  I live where I do so that I have no need to drive to be in the
> > >Heart
> > > > of Moscow.
> > > >
> > > > >From: "Tom Hansen" <thansen at moscow.com>
> > > > >To: "'Phil Nisbet'" <pcnisbet1 at hotmail.com>, <vision2020 at moscow.com>
> > > > >Subject: RE: [Vision2020] Varying Visions
> > > > >Date: Wed, 6 Jul 2005 19:35:09 -0700
> > > > >
> > > > >Mr. Nisbet stated:
> > > > >
> > > > >"Take a walk downtown, for those who insist that all is well in
> > >Mudville.
> > > > >Shops are not exactly vibrant or Garts, the bridal shop, the old
>silver
> > > > >shop
> > > > >and a bunch of other businesses would not have closed down and moved
> > > > >elsewhere."
> > > > >
> > > > >And your option would be to grant Main Street addresses to tax-exempt
> > > > >entities like NSA?
> > > > >
> > > > >Please enlighten us, Mr. Nisbet.
> > > > >
> > > > >Tom Hansen
> > > > >Moscow, Idaho
> > > > >
> > > > >"Life should NOT be a journey to the grave with the intention of
> > >arriving
> > > > >safely in an attractive and well preserved body, but rather to skid
>in
> > > > >sideways, chocolate in one hand, a drink in the other, body
>thoroughly
> > >used
> > > > >up, totally worn out and screaming 'WOO HOO. What a ride!'"
> > > > >
> > > > >
> > > >
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