Learn More About Non Profit Law in Olcott, New York

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Olcott is a hamlet located in the Town of Newfane in Niagara County, New York, United States 14126. As of the 2000 census, this community population was 1,156. Most locals refer to it as Olcott Beach. It is part of the Buffalo–Niagara Falls Metropolitan Statistical Area. Olcott is a lakeside community which is home to the deepest harbor on Lake Ontario west of Rochester, NY. The community is at the junction of East/West Lake Road and Lockport-Olcott Road. Krull Park in the northeast part of the village, is the largest county-operated park in Niagara County. Olcott-Newfane Airport (D80) is located south of the village, but is closed indefinitely except for ultralight aircraft.

Non Profit Law Lawyers In Olcott New York

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What is non profit law?

A non-profit organization (abbreviated as NPO, also known as a not-for-profit organization) is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. Examples of NPOs include charities (i.e. charitable organizations), trade unions, and public arts organizations. Attorneys who work with non-profit organizations help in establishing and operating a non-profit within the requirements of the law, deal with issues of taxation, corporate governance, telephone solicitation and charitable fraud.

Answers to non profit law issues in New York

What is a non-profit corporation and how do non-profit organizations begin?

A nonprofit corporation is a group of people who join...

Will your association benefit from becoming a non-profit corporation?

Here are some circumstances that might make it worth your while to incorporate and get tax-exempt status:

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What are the tax consequences of operating as a non-profit corporation?

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...