Incorporation of Associations
I am the Director of the US branch of my anchestorial clan which is located in N. Ireland. I would like information on what is needed for this organization to be able to legally handle monies donated, gained from registration fees, fundraisers, etc? Do we need to incorporate or is there a way to register as a non-profit organization/association that will protect myself, as Director and my 6 Regional Coordinators?
Asked on 7/24/00, 1:31 pm
1 Answer from Attorneys
Charles Aspinwall
Charles S. Aspinwall, J.D., LLC
Re: Incorporation of Associations
It is advisable to be chartered by the state as a non-profit or not-for-profit corporation to provide a business structure. You may, at the same time, apply for tax-exempt status with the IRS [501(c)(3)] if your organization qualifies.
If you do fund raising and accept chartiable contributions, you will be required to register with the office of the Attorney General and apply for all local licenses pertaining to such activities.
Answered on 9/12/00, 9:15 am
Related Questions & Answers
-
Is Self Help Courses Illegal I have heard that people selling self help courses in... Asked 7/21/00, 7:00 am in United States Texas Business Law
-
S corp or LLC? I am a sole owner and operator of my home based business and I am... Asked 6/27/00, 7:50 pm in United States Texas Business Law
-
Dissolution from An Attorney Could you Please help me find the proper form or letter... Asked 6/19/00, 10:20 pm in United States Texas Business Law
-
Limited liability company Hello i have put a patent on a product and i formed a... Asked 5/24/00, 5:19 pm in United States Texas Business Law
