Monthly Archives: July 2011

What Are the Benefits of Being a Nonprofit?

As youth soccer organizations, we exist to organize soccer for youth and support healthy lifestyles, character building, and a love of the game. By being a nonprofit, youth soccer organizations are able to pursue their mission without having to sacrifice ideals for profit and are able to reap many benefits from local, state, and federal governments. Continue reading

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Posted in 501(c)(3), Board Resources, Nonprofit Corporation, Organizational Structure, WA Youth Soccer | Leave a comment

American Bar Association Article on Directors and Officers Liability Insurance

This morning I found an article from the July/August 2009 issue of Business Law Today, published by the American Bar Association, about directors and officers (D&O) liability insurance for nonprofits. The article provides a comprehensive overview of D&O insurance coverage from the perspective of a lawyer representing a director/officer of a nonprofit corporation. Continue reading

Posted in 501(c)(3), Board Resources, Nonprofit Corporation | Leave a comment

Video: How to Get Your Tax-Exempt Status Back

The IRS just posted a short video on their YouTube channel about how to get your nonprofit organization’s tax-exempt status back. Check it out below:

Posted in 501(c)(3), Board Resources, Nonprofit Corporation | Leave a comment

IRS Announces Revocation of Tax Exempt Status for 275,000 Nonprofits – What This Means For Your Organization

Today we’ll cover some of the basic background about nonprofit requirements for our Member Associations and how that may affect your local club(s) as well as steps to take now to ensure your organization is in proper standing. Continue reading

Posted in 501(c)(3), Board Resources, Nonprofit Corporation, Training | Leave a comment