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Network marketing of deregulated energy. Desire to establish an income position as subsidiary of nonprofit that will be able to earn income as marketing associate (1099 reporting from the energy company). More than direct marketing, the business entity is working to help other nonprofits use cause marketing with a network marketing program as fundraising for their own organization. www.energywithamission.org
The nonprofit 501c3 is established to act as a grant foundation that will contribute to other nonprofits.
haven't heard of it
Thanks. I'll look further into the Mozilla structure. If we use the LLC structure as subsidiary of the nonprofit, what's the best way to transfer income from the LLC to the nonprofit with as little taxation as possible?
not single member
thanks. This has been helpful to give us some initial direction. Is there any advantage to creating the LLC outside PA or NJ (residence of nonprofit and LC members)? I notice many companies are organized in DE.
Appreciate your help !!
Thanks again for assistance in general info about setting up for profit subsidiary for our nonprofit as social business for fundraising. We'd like to move forward with a LLC that will pass the greatest amount of income on as donation to the 501(c)(3). Mozilla structure you pointed us to looks ideal. We now need some help setting up the LLC to achieve our goals, but we really don't have any income yet. Looking for legal assistance we can afford. Any idea what it will cost? Options?
Ron King, dmin
Energy WIth a Mission