The attorneys at Cuddy & McCarthy have extensive experience in organizing and creating non-profit corporations and foundations and seeking nontaxable status for charitable, educational and scientific entities.  The first step is determining whether a client’s proposed activities will qualify for tax-exempt status.  Second, we seek input from the client about whether the entity be a “public charity”, “private foundation” or “supporting organization” and discuss the advantages and disadvantages of each.  Next, we assist the client in choosing and creating the type of entity such as a nonprofit corporation, charitable trust, foundation or other entity that will work best.  We then work closely with our client to complete the application to the Internal Revenue Service for tax-exempt status.

Not all nonprofit corporations qualify for tax-exempt status or are organized for that purpose.  For example, homeowners’ or condominium owners’ associations are formed as nonprofits, but their activities are not tax-exempt.  Our attorneys have substantial experience in working with these types of nonprofits.