Jumping in on this discussion, I am on a anothe list for Venturing and we have been debating the pros/cons of a unit filing for their own EIN number for the purpose of establishing a checking account. The chartering organization, a church, would rather we did not use theirs if possible, and we are not paying employess, withholding taxes, not collecting interest on accounts, not likely to have gross revenues of more than $25K per year, so we should not have any issues. Any "gifts or contributions" will run through our chartering organization to qualify for the tax deductible donation.
Anyone have any thoughts?
Tim