Starting and Managing a Nonprofit Organization: A Legal Guide - Softcover

Hopkins, Bruce R.

Softcover

ISBN 10: 0470397934 ISBN 13: 9780470397930

Publisher: Wiley, 2009

Synopsis

Nonprofits must comply with stringent federal and state regulations due to their special tax-exempt status; the government's ultimate threat is revocation of a nonprofit's tax-exempt status, which usually means the nonprofit's demise. Written in plain English, not "legalese," this book provides essential guidance for those interested in starting new nonprofits, as well as valuable advice for directors of established organizations. This easy-to-read resource contains essential information on virtually every legal aspect of starting and operating a nonprofit organization from receiving and maintaining tax-exempt status to tips for successful management practices.

The Fifth Edition includes updates to areas that have changed dramatically in the wake of new law. These areas include: corporate governance principles, compensation issues, private benefit doctrine, political campaign activity, the new form 990, endowment funds, and IRS audits activity.

About this title

From the Back Cover:

Essential guidance for everyone involvedwith a nonprofit organization

Now fully updated and revised, Starting and Managing a Nonprofit Organization: A Legal Guide is written for everyone, from those new to the nonprofit world to veteran directors of well-recognized organizations. This expert guide equips you with all the critical information and know-how you will need to succeed, thrive, and protect your nonprofit's tax-exempt status, and avoid the many law traps that are out there.

Written by Bruce Hopkins, the country's leading legal authority in the field, this Fifth Edition of Starting and Managing a Nonprofit Organization: A Legal Guide covers the vast range of legal aspects involved in starting and operating a nonprofit organization. This latest edition's revisions include updates?to areas that have changed dramatically in the wake of new laws, such as:

• Corporate governance principles

• Compensation issues

• Private benefit doctrine

• Political campaign activity

• The new Form 990

• Policies and procedures

• IRS audit activity

Filled with practical guidance on the rules and regulations governing nonprofit organizations, including corporate, tax, and fundraising law applications and implications, the Fifth Edition contains invaluable checklists, step-by-step guidance to procedures, and a glossary of legal terms for fail-safe compliance. Written by a lawyer for nonlawyers, this easy-to-read book is a must-have resource for nonprofit executives and managers, fundraising professionals, trustees, consultants, committed volunteers, and anyone involved in the complex, rewarding realm of non-profit organizations.

About the Author:

Bruce R. Hopkins is the country's leading authority on tax-exempt organizations and is a senior partner with the firm Polsinelli Shughart. He is the author of twenty-five books, including The Law of Tax-Exempt Organizations, Ninth Edition, and the newsletter Bruce R. Hopkins' Nonprofit Counsel, all published by Wiley.

About this edition

• Publisher: Wiley
• Publication date: 2009
• ISBN 10: 0470397934
• ISBN 13: 9780470397930
• Binding: Paperback
• Edition number: 5
• Number of pages: 364