C&C (Copilevitz & Canter, LLC) has extensive experience and familiarity with the formation of nonprofit organizations and obtaining from the Internal Revenue Service exemption from federal income tax for these organizations. Discuss how to start your proposed nonprofit organization with an attorney by calling or by e-mailing us through this Web site.
Categories of Tax-Exempt Status
The Internal Revenue Code provides for approximately 30 different categories of tax-exempt status. The most common is Code section 501(c)(3), the category which includes charities (including publicly supported charities and private foundations), churches, religious organizations, schools, colleges and universities.
Most of our clients fall into the 501(c)(3) category. We have many clients in other categories as well, such as 501(c)(4) [social welfare organizations], 501(c)(6) [trade associations and professional societies], 501(c)(7) [social clubs], 501(c)(10) [fraternal orders], and 501(c) 19 [veteran's organizations].
Steps in Starting a 501(c)(3) Organization
We normally form approximately 10 to 20 new 501(c)(3) organizations each year. We provide advice as to the formation of the organization as a nonprofit corporation and explain governance options for nonprofit corporations. We prepare the articles of incorporation to ensure they comply with Treasury Regulations which govern federal tax exempt status.
We prepare the bylaws, as well as various "governance documents," such as conflict of interest policies.
We prepare the Form 1023 which is the application to the IRS for recognition of tax-exempt status as a Code section 501(c)(3) organization. We respond to all IRS queries in regard to the application for exemption, which is part of the review process conducted by the IRS.
After securing tax-exempt status, we continue to assist the organization in compliance with federal laws, as well as in the development of fundraising plans.
If You Plan to Start a NonProfit Organization, Contact Copilevitz & Canter, LLC
If you plan to form a nonprofit organization or serve as the manager of an NPO, you understand the importance of following the complex laws and regulations required to obtain and maintain tax-exempt status. Lawyers of Copilevitz & Canter, LLC, invite your inquiry on legal issues pertaining to nonprofits. Contact us online to discuss your organization's goals and concerns.