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Research Friday: Legal Structure Alternatives to Lead Social Change

ASU Lodestar Center

Or maybe you have a great idea to create your own business, but want to balance making a profit with creating social impact? For example we have the following: Low-Profit Limited Liability Company (L3C) and Benefit Corporation. Although not yet available in Arizona, several other states are using these legal structures.

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Sunsetting Luminate CRM: What Nonprofits Should Expect

Cloud 4 Good

Will moving to NPSP change any of my existing business processes? There are some steps in your current business processes that may be indirect, or you may have some extra steps in your business processes because you’re dealing with the limitations of LCRM and the sunsetting process.

Austin 64
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Ask a Nonprofit Specialist: Legal protection of control within public charities

ASU Lodestar Center

The organized and operated requirements for charitable organizations are very specific, including a prohibition of private benefit, so private ownership is not an option. It’s a Tax Benefit. Public charities with a 501(c)3 designation enjoy substantial tax benefits. Alternative Structure. Burden or Opportunity?

Public 71
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Understanding Nonprofit HR: What Sets It Apart?

Get Fully Funded

If you’ve experienced this type of growth with your organization, you’ve probably realized that your nonprofit could benefit from a comprehensive HR framework. . There’s a misconception that HR departments are just meant for the for-profit business world, but that’s not the case. Let’s dive in!

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Don’t Get Fired for Building Your Own Association Software

Nimble AMS

This temptation might have grown even stronger with the availability of powerful development platforms, such as the Salesforce CRM platform , that can empower a business analyst-turned-developer to try his/her hand at building software to run an association. Custom-built software is created to meet a current need. Why build when you can buy?

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How to Pursue an Awesome Career in Nonprofit Management

ASU Lodestar Center

Nonprofit organizations offer services to the public that governments and businesses do not. Hospitals, universities and religious organizations have long been the center of much nonprofit activity, but nonprofit structures are continuing to evolve. Know the Benefits of Nonprofit Sector Work. Evaluate Your Skills and Experience.

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Forum One’s ESOP Explained

Forum One

As this name suggests, an ESOP is a legal structure that allows employees to have a financial stake in the company they work for, receiving benefits of its success on an ongoing basis. Employees have membership in the ESOP and thus the legal right to the financial benefits of their share of it. What is an ESOP? Why the ESOP?