We Help Nonprofits Avoid the Pitfalls of Noncompliance
Reliable representation for nonprofit organizations
Proper formation is only the first step in creating a nonprofit organization. Longevity requires ongoing compliance with state and federal regulations. Failure to stay in compliance can lead to the revocation of your nonprofit status and serious tax consequences. We provide the continuous legal support your organization needs to remain in compliance with nonprofit regulations and laws.
State and federal laws for non-profit entities
The State of Ohio, along with the federal government, has established guidelines that nonprofits must follow in order to remain compliant and maintain an official nonprofit status. We can provide the ongoing guidance and assistance your nonprofit needs to stay in proper standing. We have helped numerous nonprofits with various regulatory requirements, including:
- Annual state filings.Ohio requires nonprofit organizations to periodically file documentation with the Secretary of State. Charitable organizations must also provide various reports to the Attorney General’s office on an annual basis.
- Board of Directors requirements.Ohio law requires most nonprofit organizations to maintain at least three board members.
- IRS notifications.To maintain a tax-exempt status, the federal government requires notification when various changes take place within the organization. Nonprofits must also take precautionary measures to ensure that they are filing complete and accurate tax returns in a timely manner.
- Record keeping requirements.Nonprofits must maintain specific records in order to maintain compliance. While some of these documents are required for state filings, others are precautionary in case of state or federal audit.
Our attorneys provide consistent guidance so you can comply with state and federal regulations. We work with our clients to create a system for timely notifications and accurately compile necessary documentation.
We’re available to assist with your nonprofit compliance needs
Our nonprofit clients benefit from decades of business law experience. You can trust our attorneys to keep your nonprofit informed about compliance requirements. Please contact our office today at (216) 573-6000 or complete our contact form to schedule a consultation.