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ARTICLE · 18 JULY 2018

Nonprofit Organizations: Regular Tasks That Matter

Ensuring compliance on a regular basis can be a daunting task for many nonprofit organizations.

United StatesCorporate/Commercial Law

Ensuring compliance on a regular basis can be a daunting task for many nonprofit organizations. This undertaking can be simplified to some degree by leaders reviewing certain organizational and governance aspects that could expose weaknesses and prompt action towards compliance. Simple tasks include:

  • Confirm that required annual filings have been made to maintain the organization's good standing with the appropriate state agency.
  • Review governing documents, such as articles of incorporation and bylaws, to confirm that the governing body has the requisite number of directors and officers that have been duly elected.
  • Review corporate records for documentation of the annual meeting and other meetings that have taken place throughout the year.

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