Well the new Non Profit law changed the annual report we do to the secretary of state and doubled the fee also. Question #8 asks if you are a Public Benefit Corporation??? So what is a Public Benefit Corporation??
So if you are a 501 (c)(3) or have applied to be a 501(c)(3) you are a Public Benefit Corporation!!
Question #9 asks is the Nonprofit Corporation a Charitable Nonprofit, (see definition #5 below).
This is page 1 of FIVE pages of definitions!!
Question #10 Asks Does the Nonprofit Corporation meet exemptions of reporting as outlined below??
So be sure to have your annual meeting!!
Thank you, Charles! The question recently came up in a Board meeting about whether or not we are a “charitable” group, and your definitions prove that indeed, we are a non-profit charitable corporation.