Thinking of starting a non-profit? Blair Anderson, President of the National Association of Non-Profits gives an overview of best practices for forming and managing a non-profit.
Serota v. London Towne Homeowners Association, 2017 Pa. Commw. Unpub. LEXIS 302 (4/27/17). The Pennsylvania Commonwealth Court ruled that an amendment to the association’s bylaws changing the voting rights of members from one vote per lot owned to one vote per member was invalid.
New York Senate Bill 2005 amends the Not-for-Profit Corporation Law.
Doermer v. Callen, 847 F.3d 522 (7th Cir. 2017), decided 2/1/17. The 7th Circuit Court of Appeals ruled that a director of an Indiana nonprofit corporation cannot bring a derivative suit.
Learn the basics regarding forming a nonprofit corporation.
To start a nonprofit organization, you take the same steps as starting a for-profit corporation: You file articles of incorporation and appoint a registered agent in your formation state. If you want to apply for tax-exempt status, you must include a public purpose provision and provide that any distributions go only to exempt organizations.
Most people start a business because they want to accomplish something or make money for themselves. But, what if your goal is to advance some charitable purpose or to benefit society, rather than earn a profit? In that case, you may wish to operate a non-profit, tax-exempt organization.