Who can investigate the activities of a nonprofit corporation?
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christos
Apprentice
Joined: 18 Apr 2007
Posts: 4
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 Posted: 06/10/08 - 06:37 Post subject: |
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| I have started a business and it is nonprofit. I will be mostly in trading and I seek to assure the best possible position. I would like to know who can investigate the activities of a nonprofit corporation. If anyone could help me regarding how to manage it, it would be great. |
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shayne
Apprentice
Joined: 10 Aug 2005
Posts: 4
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| Posted: 07/10/08 - 03:06 Post subject: |
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| Being in nonprofit business is indeed one pretty tough thing to do. You need a lot of knowledge, a lot of skill and courage to make the right moves. On the other hand, it is not just that. Nonprofit has a lot of restrictions. You pay your workers, but you are tax exempt from any profit. Also, you may indeed pay even for some political contributions, though you will have to look for restrictions with your tax office. On the other hand, investigating affairs of the nonprofit organization is not a duty of any service, but strictly of the attorney general. Hope you find the info helpful. |
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