Tag: Non-Profit

Nonprofits Take Note!

As many as 400,000 nonprofit organizations are weeks away from a doomsday. At midnight, May 15, an estimated one-fifth to one quarter of some 1.6 million charities, trade associations and membership groups will lose their tax exemptions, thanks to a provision buried in a 2006 federal bill aimed at pension reform.” said Stephanie Storm In [...]

Posted by Brett Melson on Thursday, May 6th, 2010
Posted in Articles of Interest
Tags: Non-Profit, Taxes

Non-Stock, Non-Profit, No Stock……what difference does it make?

Over time, the Non-Stock Corporation has pretty much become synonymous with the term Non-Profit. The common use of the Non-Stock Corporation as the vehicle to obtain tax-exempt or Non-Profit status from the IRS has led to an “interchange-ability” of the two terms, but not without its faults. The notion that the two are equal has [...]

Posted by Paul Sponaugle on Tuesday, June 30th, 2009
Posted in 101, Stock
Tags: Delaware, Non-Profit, Non-Stock, Stock