Nonprofit Corporations and Social Entrepreneurship

It is nearly impossible to quantify the number of societal needs being met by nonprofit organizations. Similarly, for-profit start-ups are disrupting an ever increasing number of industries and revolutionizing the way they conduct business. In order for any nonprofit or start-up to be successful in the long run however, it is essential that they stand upon a solid legal foundation.

Aside from focusing on the good work they accomplish, those establishing nonprofit entities must ensure their bylaws and organizational documents meet the requirements the law sets out and that they remain compliant with them. Additionally these entities must ensure that conflicts of interest are avoided and that employment related legal issues including the text of employment contracts comply with all applicable laws. For-profit start-ups must consider and determine the nature of their corporate structure as well as ensure they have obtained all of the permits they may require to engage in their course of business. Like nonprofit entities, new for-profit businesses also must be ready to address all issues related to employment and intellectual property.

Brody has guided over two dozen nonprofit organizations through the process of corporate formation and subsequent recognition by the IRS as tax-exempt entities. He is ready to walk you through the process of turning your idea into the organization which will allow you to bring it into being. Brody also offers flat-fee ongoing legal services plans for both new and pre-existing corporations to ensure that organizations have ongoing legal representation at an affordable cost.