Membership in the Sacramento Angels is only available to individuals and entities that qualify as Accredited Investors under SEC rules, Section 501 (D).
- Prospective members will need to certify to one or more of the criteria below to be eligible to become a member.
Individual with earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year
- Individual with a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence)
- A trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person
- An entity in which all of the equity owners are accredited investors
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