Lorimor is a city in Union County, Iowa, United States. The population was 427 at the 2000 census. Lorimor was founded by J.S. Lorimor who was given the honor of renaming the city, when the town grew after he gave land to the railroads as they traveled through town, in return for the railroad placing a water stop in the town. With the business from the Railroads, and his 2,000-acre (8.1 km) farm of bluegrass seed, the town was quite successful in its early years.

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 Iowa

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...