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Choosing a name is one of the most exciting and creative parts of starting a new business. Before you commit to a name, though, research your state's legal guidelines and make sure it's available ...
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
Religious corporations are permitted to designate a person to act in the capacity of corporation sole. This is a person who acts as the official holder of the title on the property, etc. There are four different forms of religious corporations with regard to their laws and the way they function within government.
Christian Congregation of Jehovah's Witnesses, Inc. was established to organize and administer the congregational affairs of Jehovah's Witnesses in the United States. [14] [15] It filed for incorporation on August 21, 2000, in New York State as a “domestic non-profit corporation” in Putnam County, New York. [16]
[37] [38] A private nonprofit organization, GuideStar, provides information on 501(c)(3) organizations. [39] [40] ProPublica's Nonprofit Explorer provides copies of each organization's Form 990 and, for some organizations, audited financial statements. [41] Open990 is a searchable database of information about organizations over time. [42]
Nonprofit organizations in the United States applying for Federal Tax-Exemption Status are required to adopt bylaws for their organizations. Bylaws for nonprofit organizations by themselves are more of an internal organizing document than required by most states but are necessary for filing for nonprofit 501(c)(3) tax-exemption application ...
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