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Delta 46-525

Discussion in 'Woodturning Discussion Forum' started by Emiliano Achaval, Dec 2, 2017.

  1. Emiliano Achaval

    Emiliano Achaval

    Joined:
    Dec 14, 2015
    Messages:
    512
    Location:
    Maui, Hawaii
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    As president of the Maui Woodturners Association i made it a priority to become a 501(C) 3 non profit organization. I received a call a few days ago. A retired scientist wanted to donate a lathe. His late father bought it new in 1990, did 3 projects and sadly past away. One project was a set of salt and pepper shakers, that he still has and cherishes. The gentleman carried the lathe from South Carolina to San Diego, then to Hawaii. He never used it.... I picked up the lathe, all attachments, the manual, and about 30 tools, some nice Robert Sorby's, about 10 Craftsman, and some of my first tools, a Buck Brothers set!
    With club member Wayne Omura picked up the lathe, cleaned it up a little, and cranked it up. Nice smooth lathe. Perfect for a third lathe for the club, for our hands on classes. We have Stuart Batty coming tin 2018, we are now all set for him!! The lathe looks like just came out of the factory... Simply amazing. I drafted my first thank you tax deduction letter, gave it to the gentleman and I will turn him a nice bowl for xmas.
    I just wanted to share the good news. Aloha
     

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  2. Bill Boehme

    Bill Boehme Administrator Staff Member

    Joined:
    Jan 27, 2005
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    8,350
    Location:
    Dalworthington Gardens, TX
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    Congratulations on getting such a great lathe. Our club also just recently was approved as a 501 (C) 3 organization.
     
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  3. Emiliano Achaval

    Emiliano Achaval

    Joined:
    Dec 14, 2015
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    Location:
    Maui, Hawaii
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    We hired a CPA firm, they did it for us. I think we spent less than $500 altogether. Best money ever spent! The non profit status also gave us access to the public TV channel, we just did a 10 minute ad and we got to go to the largest mall and set up a table to generate funds and promote the club, we are going back December 8th...
    Having the AAW guidelines on how to become non profit really helped us... Now I need someone to donate a small chuck with a 1 by 8 tpi! Aloha
     
  4. john lucas

    john lucas

    Joined:
    Apr 26, 2004
    Messages:
    5,976
    Location:
    Cookeville TN USA
    We looked into 501 very briefly. Our club is just too small and didn't think we would benefit from it.
     
  5. Bill Boehme

    Bill Boehme Administrator Staff Member

    Joined:
    Jan 27, 2005
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    Location:
    Dalworthington Gardens, TX
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    Fortunately, our club treasurer is a CPA. John, you might want to take another look at this because there have been some changes that simplify the process. It's a great asset to have a woodturning CPA as club member ... you need to find a CPA and then get them hooked on woodturning. :D
     
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