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For businesses hoping to make a difference, and not a profit, operating as a nonprofit organization will set up your organization for tax exemption and additional funding opportunties. Our Resource Center provides the latest industry trends and updates on nonprofit and 501(c)3 organizations.
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.
Utah Senate Bill 63 amends the Nonprofit Corporation Act.
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.