How long does a 501(c)3 club have to distribute their assets when dissolving?
Our storage units are prepaid for another 2 years. There's a crap ton of stuff that needs to be sorted and I just don't have the time. They want me to do a complete inventory photograph each item and record each with model and serial numbers. They want the storage empty by November in case we get money back from the storage. My name is NOT on the storage, the member who signed the lease back in 1974 is since deceased and the information was never updated so all the facility has is our post office box and club name.
What would happen if it's not done on time? What I see is lots of junk nobody would want but they are worried about something of value turning up after the 1st of the year. Nobody will help and I'm not about to do this all by myself. I would have to quit my full-time job and it would take me 3 to 4 weeks working at this full-time to list all this stuff on eBay and get it shipped to the buyers. So then what happens if I don't finish by the deadline?