Questions tagged [non-profit]

Questions on organizations whose surplus revenue is used to further its purpose rather than being distributed as profits or dividends, including religious entities, foundations, charities, and related questions on donations and financial dealings with these entities. For example, 501(c) organizations in the US.

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Is a nonprofit LLC required to have a Board of Directors?

Background: I'm in the process of forming an LLC nonprofit, with the intention to file Form 1023, for tax exemption under IRS Code Section 501(c)(3). I'm sure the charitable nonprofit mission of the ...