Newest Resources

Getting Tax Exemption - NASCO Institute

Session materials from "Getting Tax Exemption," presented by David "Rosebud" Sparer at NASCO Institute 2016.

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What does it mean to be a "nonprofit"? What are the benefits and drawbacks of 501c3 status and other tax exemptions for co-ops? Is it worth it? We will discuss the systems of nonprofit incorporation, federal tax exemption, and local tax exemptions. We will also cover the 501c3 application (IRS Form 1023) in detail.

Creating a New Co-op - Incorporation & Bylaws - NASCO Institute

Session materials from "Creating a New Co-op - 3 - Incorporation & Bylaws," presented by Corrigan Nadon-Nichols at NASCO Institute 2015.

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Incorporation is the process of making your co-op a legal entity which can own property, take out loans, and enter into contracts. But there are often many choices that can stymie a group's progress: Corporation or LLC? Which tax-exemptions do we want? We will discuss the why and how of incorporating a co-op, with particular attention to creating bylaws for the new organizations.