Untitled Document
Cemetery Register
Cemetery Restoration
Adopt A Cemetery
Legislation & Laws
Preservation Planning
Theft & Vandalism
ACPA County Representatives
ACPA Partners
News & Events
ACPA Membership
ACPA Store &
Fund Raisers
Resourse &
Courtesy Links
Contact Us
 


Guide for Organization and Management of Nonprofit Organizations - Part 3

Lawsuits can be filed only against the assets of the society, not against the property of those who manage or belong to it.

Incorporation protects the individual members from liability for acts performed in behalf of the corporation. If an accident occurs at a meeting or workshop, the individual members of the incorporated society will be exempt from litigations. This protection of the individual members is well worth the effort required to incorporate.

An application can be filed with the Internal Revenue Service for tax-exempt status.

Contributors to nonprofit corporations with tax-exempt status can claim personal federal income tax deductions.

Most foundations and government agencies require that a society applying for funding or grants for establishment of a library or museum be nonprofit tax-exempt corporations. You must be incorporated in order to buy a building to house a library, society office, museum or business.

People will more likely join a society that is a nonprofit tax-exempt corporation because of the limited legal liability. They know that the society’s Articles of Incorporation and bylaws conform to state requirements and that the society must maintain proper records, keep its minute’s up-to-date, and abide by its bylaws. A society also has increased status in the community since other businesses and local government know they are dealing with an organization set up under law.

A nonprofit society can apply for bulk-rate mailing privileges, allowing it to mail a minimum of 200 pieces of mail at a low rate. Newsletters and quarterlies can be mailed bulk-rate, which will result in a savings over first-class mail rate.