A common misconception is that all nonprofit organizations are automatically tax-exempt. This article outlines nonprofit and tax-exempt status and whether both are needed. We have outlined in other ...
Nonprofit Law Basics: What is an Unincorporated Nonprofit Association?
Nonprofit organizations can take several different shapes. While it is common for nonprofits to become incorporated entities because of the many benefits to that classification, Texas statutes still ...
Nonprofit Q & A: What’s in a name? A nonprofit by any other name…
The word "nonprofit" generally is used to describe organizations that work to serve a public purpose, rather than to provide financial benefit to any particular individual, corporation, or ...
October 2013 Nonprofit + Social Enterprise Newsletter Available
Tips & Tools for Nonprofits! Our free e-newsletter is out today! What is this new L3C? (Low Profit Limited Liability Company) Social Enterprise Highlight: The Empowerment ...
Have you lost your 501c determination letter?
If your nonprofit has misplaced your 501(c) determination letter for the IRS, you can get a copy of an affirmation letter to have "proof" of your tax-exempt status. Call the IRS Customer Service for ...
Nonprofit Q&A: How do we “prove” that our nonprofit has 501(c)(3) tax-exempt status?
A donor may want verification that your organization is a qualified tax-exempt entity. The most common way to show tax status is to give the donor a copy of your organization’s IRS determination ...
501(c)(7) Social Clubs and Recreational Organizations – How to stay tax-exempt
Fraternities, country clubs, hobby clubs and sports clubs all are examples of groups organized for social, recreational and similar nonprofit purposes that are tax exempt under Section 501(c)(7) of ...
Nonprofit Q&A: What are Nonprofit Hospitals?
Updates - Nonprofit Hospitals With the 2014 deadline for implementation of the Affordable Care Act (aka Obamacare) looming, the U.S. is taking a hard look at all aspects of health care. Nonprofit ...
When Should Nonprofits Use Mediation?
What is Mediation? Mediation is a confidential process in which an objective party (the mediator) works with the parties to a dispute to come up with a mutually agreeable solution to the problem at ...
Nonprofit Q&A: When Does My Nonprofit Need An Attorney?
While most nonprofit organizations do not have a full-time attorney on staff, many nonprofits find that it is helpful to have an ongoing relationship with an attorney to call on when questions arise. ...