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HomeMy WebLinkAboutMansfield Housing Corp. Minutes 1/24/2012Board of Directors Mansfield Housing Corporation January 24, 2012 Meeting Minutes Directors Present: Gregory Joynt, Rod Oreste, Marilyn Lewis, Andres Ga726l6 Directors Excused: Shelly Roberts, Dave Luca CE 2013 The meeting opened at 6:38pm at Mansfield Town Hall. `'" General Business The review of minutes from the December 6, 2011 meeting were postponed. Chairman Oreste reported that he was not able to contact Attorney Costello, The General consensus is that we will not be a 501 C3 due to the restrictions and will investigate 501 C4. Director Gazzolo wants to find out if donations are deductible under the 501 C4. Directory Joynt will speak with the Building Inspector. It was decided that Director Luca should speak with Attorney Costello regarding the 501 C4 tax status where he is the most familiar with IRS tax status.' A separate workshop will be held to develop a business plan and draft estimated expenses associated with the purchase of a 2 family investment property. Future Meeting Dates: February 7, 2012 at 6:30PM. ing d' urne t 7:10 IrQ(,l 62 %qje ry Date of Acceptafice