FortNet creates new for-profit subsidiary
FORT COLLINS – FortNet, the nonprofit computer-information network that connects Fort Collins-area residents and businesses to the Internet, is adding a commercial subsidiary.
FortNet Communications, a wholly owned subsidiary, offers full-service Internet access, with e-mail, news, World Wide Web and other applications.
“We applied for nonprofit status, but the IRS said that since some of our operations were for-profit, we had to break into two entities,´ said Mike Cullerton, FortNet’s operations manager.
For about a year, FortNet had provided 800 subscribers in Fort Collins, Estes Park and Loveland with full Internet service for $20 per month, and the organization will continue the service,…
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