Bustins Island is an island in eastern Casco Bay, Maine. The island has approximately 115 summer cottages. Bustins Island operates its own ferry, the Lilly B, that debarks in Harraseeket harbor in Freeport. Typically, the Lilly B operates from Memorial Day Weekend through Columbus Day Weekend. Although physically located within Freeport, Maine, the Bustins Island Village Corporation is a self-governing entity.

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 Maine

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...