OpenJurist

Non Profit Law Lawyers In El Dorado Arkansas

El Dorado (pronounced to rhyme with tornado is a city in Union County, Arkansas, USA. According to 2006 Census Bureau estimates, the population of the city is 20,467. The city is the county seat of Union County, and home to the headquarters of Murphy Oil Corporation, Deltic Timber Corporation, and Lion Oil Refinery. The city hosts a community college, South Arkansas Community College, as well as a symphony and an arts center. Most recently, El Dorado has become a community of education with the January 2007 announcement by Murphy Oil Corporation of the El Dorado Promise, a scholarship program that allows all El Dorado High School graduates who have been at the school since at least the ninth grade to attend any college in the country of their choice.

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 Arkansas

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

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

    ...

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