A Consideration of an LLC for a 501(C)(3) Nonprofit Organization

@inproceedings{Walker2012ACO,
  title={A Consideration of an LLC for a 501(C)(3) Nonprofit Organization},
  author={David S. Walker},
  year={2012}
}
With limited liability companies (LLCs) being formed at two to three times the frequency with which people form corporations, the LLC is indisputably the "entity of choice" for one forming a business today. Quite apart from the advantages in tax treatment that an LLC offers, the flexibility, adaptability, and informality the LLC offers as "a creature of contract" is of real value to those forming a business organization, especially one that is "small" or has relatively few people involved in… CONTINUE READING