Tax-Exempt Organizations

Tax-Exempt Organizations

Eric Perkins has represented dozens of tax-exempt organizations, including religious organizations, veterans’ organizations, trade associations, university foundations, civic groups, charitable foundations, sports organizations, youth mentoring organizations, and other types of charitable entities.

His exempt organization experience and expertise includes:

  • Entity formations
  • Corporate structuring
  • Corporate governance issues and best practices
  • Form 1023 and 1024 filings
  • Conflict of interest issues
  • Fundraising issues
  • State and local charitable solicitation registration and compliance issues
  • Unrelated business income issues
  • Form 990 disclosure issues
  • Executive compensation issues
  • Corporate mergers and dissolutions
  • Corporate sponsorships
  • Intermediate sanctions issues
  • Donor-advised funds and private foundations
  • Contracts with vendors, independent contractors, and other third parties

Flat Fee Services for Exempt Organizations

Perkins Law, PLLC offers several packages of services to exempt organizations on a flat fee basis.  The “Start-Up” package includes:

  • Feasibility assessment of tax-exempt purpose(s)
  • Assistance in designing corporate structure
  • Preparing and filing Articles of Incorporation
  • Preparing Bylaws
  • Preparing organizational consents
  • Assisting with organizational meeting of initial directors and officers
  • Consultation with initial directors regarding fiduciary duties and related issues
  • Prepare and submit IRS Form SS-4 and corresponding state forms as applicable
  • Coordinate preparation and filing of IRS Form 1023 or 1024
  • Respond to IRS questions concerning Form 1023 or Form 1024
  • Prepare corporate minute book
  • Provide advice concerning public disclosure requirements

For existing tax-exempt organizations, Perkins Law, PLLC also offers an “Annual Compliance” package of services on a flat fee basis, including:

  • A 10-point annual compliance check on key corporate and tax compliance issues
  • Serving as registered agent for the organization (entities incorporated or qualified in Virginia)
  • Coordinating annual corporate report filing and fees with the state
  • Providing “auditor’s response” letter in connection with an annual audit
  • Review and assistance with corporate governance practices (e.g., board meeting minutes and corporate resolutions)
  • Telephone and e-mail consultations on basic corporate and tax compliance questions