While exploring when this can be done for you, here is some basic answers to common questions.
RNPC is a RELIGIOUS NONPROFIT CORPORATION (known by Congress as 508)
WHAT ARE SOME OF THE PURPOSES OF AN RNPC?
A RNPC is typically organized for religious and humanitarian purposes. What a RNPC does is determined by the Board Members.
DO I NEED BYLAWS FOR THE CORPORATION?
It is not necessary to have bylaws that govern the operation of the corporation. It is important to develop a Mission Statement as the guiding instrument for the corporation. Bylaws might be useful but are not required. Ask about Board of Directors.
IS THE CORPORATION REQUIRED TO HAVE AN ANNUAL BOARD MEETING?
No, however it is important to keep written records of important decisions, filed in the corporate minute book (ask about preferences).
HOW ABOUT RECORD KEEPING?
No records are required for the State or Federal Government, or the IRS. The only records kept are for the private use of the corporation. Because the corporation does not have employees, can offer donation slips, and does not have a 501(c)3 designation, it is exempt from record keeping requirements. Ask more in Session with Darren.
CAN A PROJECT BE MANAGED BY A CORPORATION?
Most definitely. In fact, we encourage you to set up your own RNPC and have the project proposal incorporated within the framework of the RNPC. Ask about projects in Session.
Ask us how to set one up for you in April 2024. Payment plans available.
Ask about an initial session of $75 per session to start the Detailed startup process and how to be successful at this operationally and financially.
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