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Optistuff

501C3 Legal Advice needed

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Our Yacht Club has a committee working on setting up a educational 501C3.  We have a few short questions we would like help answering in a conference call.  Does anyone know of such a person that can help us ?

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Glenn Thank You so Much.  I have employees at the Symposium that she is now attending.

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Opti, most major benefit providers put out guidebooks to establish 501c3.  The do it for free, hoping that you will use their services after it is up and running.  You might also try your local H.R. Assoc. they can hook you up.

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6 hours ago, guerdon said:

Opti, most major benefit providers put out guidebooks to establish 501c3.  The do it for free, hoping that you will use their services after it is up and running.  You might also try your local H.R. Assoc. they can hook you up.

Easiest is to start with the IRS web site.  They have all the rule books and regulations. Just remember to include the words conservative, sons of liberty and freedom in the name of the organization.  That will get you lots of attention at the IRS.

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Pay some money to a lawyer that specializes in establishing a non-profit. It costs less than a grand, takes a few months.

You cannot do it yourself: the IRS regulations are contradictory, so case law must be strategically navigated. So you need a specialist. However, specialists in not for profit law tend to be much cheaper than typical. 

I used an online service for one, and just a young lawyer who works to change the world every day, for the second. Less than a grand both times. Maybe $600.

Before hiring the specialists, I wasted a thousand hours of my time trying to do it without a lawyer, but just kept running into these legal contradictions: one section says you MUST do something, another says you MUST NOT.

Note that there are non-profit 501c3 organizations that specifically service 501c3 orgs. These can save you money, and share valuable insights with you.

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