Frankfort is an affluent village in Will and Cook Counties, Illinois, United States. The population was 10,391 at the 2000 census. The population according to Forbes. com was 16,928 in 2006. Also, according to Forbes. com, the village ranks as the 36th fastest growing suburb in the United States. In addition to the current population growth, the Northeastern Illinois Planning Commission has forecast the population to reach 55,797 in 2030.

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 Illinois

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:

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