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 Form Lp Una 128 2005-2025

Unincorporated Nonprofit Association California 2005-2025 Form

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Instructions and help about sec state form lp una 128

what are the alternatives to a non-profit corporation if the existence of the venture is for a short duration the nonprofit organization may not be the best structure nonprofits are good for long term ventures alternatives include one operating as an informal organization under the legal umbrella of an existing charity also known as fiscal sponsorship or two forming an unincorporated nonprofit Association fiscal sponsorship an alternative made to obtains fiscal sponsorship in which the sponsee can join an existing organization and operate under its tax-exempt status this provides a small project the opportunity to be tax-exempt through the sponsors IRS status and also pass overhead costs on through the sponsor there are no incorporation costs in this situation however the sponsor most likely will retain control over the direction of the project and may also charge a fee from the sponsee for example a fiscal sponsor may charge administrative fees for the use of his facility services and

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