A: Calbrewers is a
homebrew club, which has the organizational structure of a Limited Liability Company.
Q: What is a Limited Liability Company?
A: A Limited Liability Company or LLC is
a method of integrating management and members that allows both to participate in the
day-to-day operations of the company, while protecting them both from the loss of personal
assets.
Q: So why is the California Brewers Guild
a LLC instead of a not-for-profit corporation?
A: A not-for-profit corporation really
means that it is tax-exempt, also a not-for-profit corporation can not do any lobbying,
while a LLC is not tax-exempt and can lobby, both can raise capitol by the use of
fundraisers. In an LLC every members personal assets are protected, regardless of being a
manager, a general or limited member. In a not-for-profit corporation, the personal assets
of the officers and any directors are protected, but not a general member. The California
Brewers Guild wanted all of its members to be equal.
Q: If, the California Brewers Guild is
not tax-exempt, does this mean it pays corporate taxes?
