Non-profit payment service
May 26, 2010 7:57 PM Subscribe
I am working with a non-profit co-op that would like to take payments from its members online. However, the co-op is not a 501(c)(3) organization, but has a very small budget and can't afford to shell out for a merchant account and all the associated widgets. They already tried PayPal and their account got "restricted" there because PayPal wants a 501(c)(3) letter. Are there any other choices?
posted by fireoyster to Work & Money (5 answers total) 1 user marked this as a favorite
The co-op is a 501(c)(12) organization, and is a Texas non-profit co-op corporation. Payments or donations made by members aren't tax deductible to the giver, but the corporation itself is tax exempt. Would Google Checkout or some other service work? It seems that all of the online payment systems out there for non-profits are geared for the tax deductible kind.
There's no physical products involved, just services that the co-op provides to its members.