Menu
Please Note: We sincerely hope you're staying safe during the COVID-19 Emergency. At IncNow, we've made adjustments to keep our team safe, like working remotely, but we're still here and open for all of your incorporation and registered agent needs.

Can I Form a Non-Profit LLC, 501c3?

By IncNow June 7, 2021
B Corp

Philanthropists often ask about forming non-profit LLCs, otherwise commonly referred to as 501c3. Due to IRS regulations, LLCs are not able to be assigned tax-exempt status directly. A 501c3 is a coveted designation because it exempts a company from federal taxes, sales taxes, and property taxes. This can be incredibly helpful to a nonprofit. You […]

Continue Reading

Can an LLC Be a Non-Profit?

By IncNow August 26, 2020
rower

Traditionally, non-profit companies are corporations. However, there is a way to get the protection of an LLC while retaining the structure of a non-profit corporation. When expanding the operations of their non-profits, existing non-profit corporations may consider adding higher risk assets to subsidiary LLCs. These LLCs exist under the umbrella of the already qualified 501(c)(3) […]

Continue Reading