What Type of Business Entity Is Right for Your Church?
A comparison of entity types for churches — unincorporated association, LLC, corporation, and nonprofit corporation — and the liability and tax tradeoffs of each.
A comparison of entity types for churches — unincorporated association, LLC, corporation, and nonprofit corporation — and the liability and tax tradeoffs of each.
Liabilities of being a Board MemberMore often than not, I attend church council meetings that require some action be taken by the church board that results in some form of a corporate resolution. In many cases, the board members present can’t tell me who the officers or directors of the corporation are, or whether or not a quorum is present to ratify their actions. In my attempt to walk the board through the legal impact of their corporate bylaws, many are surprised to hear of the effect that a particular […]