I want to form a 501 c3 non profit organization to help the
I want to form a 501 c3 non profit organization to help the underpriviledged prisoner's and families, to help, keep them communicating by phone, visiting, and sending care packages. i need to know if I can accept donations legally cash, also having people donate material items that I may sell. Do I need a business dba as well , to go along with my 501 c3 organization
I am about to open a cowork space / tech hub and it will be
I am about to open a cowork space / tech hub and it will be licensed under a 501(c)3 and have a question regarding unrelated business income.The main source of income from this entity is going to be rent paid by individuals who lease space in our facility. This will range from $150 a month to $800 a month depending on where they want to be and what level of access they want.The nature of this space is to allow tech developers and like minded thinkers to work in and around other people of the same stature, hopefully collaborating on multiple projects.My partner and I both have solid backgrounds in IT, design, web, branding, business development, etc and plan on using those talents to make ancillary income which leads me to this question:If we run the non-profit properly, record everything, have a board of directors that sits over compensation (we will only be getting paid what our fixed bills are - rent, car, insurance, phones) and the rest goes back into the business to be used for grants... if we do all this, how can the unrelated business income be payable to us?Lets say we take on a client for a $20k back end database... and $15k of that is profit.... how do we pay ourselves without it jeopardizing our tax exempt/non-profit status?We are already going to be running a few for profit entities out of this office, completely unrelated to the CoWork space, so I'm trying to keep the bookkeeping as simple as possible without having to register ANOTHER entity specifically for the consulting - or is that the best thing to do, keep everything separate and dont comingle income?
Small 501c3 corporation, with valuable websites wants to
small 501c3 corporation, with valuable websites wants to know how to keep the websites built by it up indefinitely without continuing to solicit funds or do further charitable work.should it just keep filing returns and basically stop work? Will IRS accept a rather passive 501c3.
Counselor at Law
We have a 501.c.3 non profit in Florida. We are ambitious to
Good Morning.My name is***** have a 501.c.3 non profit in Florida. We are ambitious to make big growth the next few years, and I am trying to do some due diligence. We receive many donations for cars and boats throughout the year. We see other non profits who do this as a fundraising effort, receiving donations and reselling them to fund their organization. Our understanding is that in Florida, entities who sell 3 or more vehicles are required to have a dealers license. This is almost impossible to obtain in Monroe County Florida. The state requirements are that a dealer must have a commercial car lot, and they are all used up in our County. What options do we have as a non profit to be able to legally sell vehicles donated to us in Florida living in a county where we are unable to obtain a dealers license?
I am a founder and president of a non profit organization. I
I am a founder and president of a non profit organization. I truly need to protect what I've started. The officers are asking that we have a 3 year term of office, however I've invested time, my own person money to help the organization grow. How do I protect what I've started?JA: Can you tell me where the nonprofit is registered?Customer: Chicago, IllinoisJA: Has anything been officially filed? If so, what?Customer: Articles of incorporation, but no by laws yet!JA: Anything else you want the lawyer to know before I connect you?Customer: I think that's all
I am the member of a non profit board and was criticized for
I am the member of a non profit board and was criticized for doing a good deed for a neighbor because it could have been construed as a board action. I made it clear that I was not acting as a board member. Can my membership in an organization preclude my rights as an individual?
I am pastor of a church in AZ. Our kitchen person recently
I am pastor of a church in AZ. Our kitchen person recently went to the Food Bank for some reason. She was informed that the church could have food from the food bank since we help some homeless individuals and hold recovery services for those with drug and alcohol recovery needs. Those in recovery are able to have Thursday dinners with us without charge.The question came up about the food bank being federally supported, so does that mean the church should not be receiving goods from the food bank?
I would like to start a social enterprise ( online platform
I would like to start a social enterprise ( online platform for mentally ill teens) - would like to know if non-profit incorporation or for profit incorporation is better. Need initial "seed" donation/funding and then over time have revenue sustain operations. All profits will be invested back in growing the community. Over time there are likely to be two to three employees others would volunteers. The revenue model is via online sponsorships and ads as well as direct revenue from referrals to professionals.