Not-for-Profit organizations provide a framework for individuals whose goal is to serve others in exchange for the benefit of attaining tax-exempt status. These entities can be utilized for a variety of purposes in support of an array of worthwhile causes. Navigating the applicable federal and state laws, however, can be complicated.
At O’Connell and Aronowitz, we routinely assist and advise clients in the Capital Region and upstate New York regarding the formation of non-profit organizations and related issues including:
- Selecting the appropriate organizational structure
- Preparing and filing Articles of Incorporation and Bylaws
- Applying for tax-exempt status with the Internal Revenue Service
- Establishing governance policies and preparing related documents
- Advising Board Members on fiduciary duties and conflicts of interest
Our experienced attorneys work with nonprofits on an ongoing basis to ensure that they maintain tax-exempt status by preparing applications with the IRS and NYS Charities Bureau of the Office of the Attorney General. We are keenly aware that it is essential for nonprofits to protect their reputation by designing and implementing operational policies and procedures, including those related to employment, whistleblower, conflicts of interest, and the protection of intellectual property.
We also review and prepare a wide range of contracts including commercial contracts, grant agreements, and executive compensation agreements that adhere to relevant sections of the Internal Revenue Code. We work closely with Boards of Directors and advise board members on a host of matters including membership, governance and the solicitation of contributions.
Serving the community with integrity and compassion
At O’Connell and Aronowitz, we provide a superior level of service and legal insight to nonprofits from pre-inception to dissolution. We are not only dedicated to helping nonprofit and charitable organizations achieve their missions, we take pride in our philanthropic work. Our firm has been recognized for its volunteer work on behalf of the communities we serve and the legal profession.
Our attorneys also serve on the boards of a number of organizations and the firm regularly sponsors events for community-based groups. Our mission is to collaborate with others in order to do good things for people. If you are seeking to establish a tax-exempt, charitable organization in the Capital Region or Upstate New York or need advice on any matter regarding an existing entity, call our office today at (518) 462-5601 for a free consultation.