I’m reposting this entry from January 2008, because this question has come up several times this week.
Too often I hear people referring to ALL nonprofit organizations as a 501(c)3 and they are not. So, I thought it would be beneficial to list the various types of nonprofits.
Here is a list from Internal Revenue [...]
Archive of posts filed under the Legal category.
Types of nonprofit organizations (Repost)
Sarbanes-Oxley Act 2002
The Sarbanes-Oxley Act was enacted in 2002 in response to scandals involving several public corporations such as: Enron, Tyco International, and WorldCom just to name a few. The reason why this is important to your nonprofit is that it is a public company, and is therefore subjected to the regulations within the Sarbanes-Oxley Act.
Now, [...]
