Hedgeman Law Firm
Nonprofit Law Academy Registration
Registration for each webinar is on the topic page. All webinars will be held on Zoom, typically from 10 am - 12 pm. Click on the topics you want to attend and click the Zoom registration on the topic page.
Conflict Of Interest Policies Under the Not-for-Profit Corporation Law
This guide will assist nonprofits in implementing successful Conflict of Interest Policies. This guide reflects amendments to the Not-for-Profit Corporation Law (“N-PCL”) which became effective May 27, 2017. Why implement a Conflict of Interest Policy? A Conflict of...
Commercial Co-Ventures: How-To
Overview: Many nonprofits choose to team up with a for-profit business to benefit the charity while simultaneously promoting a product, service, or good that the business is selling. What is described here is known as a commercial co-venture. While this activity may...
Unrelated Business Income- What to be Aware of as a 501(c)(3) Organization
As a nonprofit corporation operating under §501(c)(3) of the Internal Revenue Code, maintaining tax-exempt status is a priority. However, a corporation may generate income from activities that are taxable. For example, a church may operate a theater for educational...
Required Disclosures and Duties Owed to Donors as a 501(c)(3) Organization
For nonprofit organizations operating under §501(c)(3) of the Internal Revenue Code, some records are open for public inspection. This includes: Annual returns for 3 years after the due date, such as Form 990 and 990-T. All Form 990 schedules, attachments, and...
Rehabilitating and developing New York’s blighted properties
Abandoned and deteriorated buildings can hold both despair and promise. While these blighted properties are only a shell of what they once were, there is still the possibility that they can support the city’s people again. It can be intimidating to think about the...
How can I position my business for success in 2022?
Start-ups offer entrepreneurs the chance to make their own way in a given marketplace. When well executed, this business endeavor can lead to financial independence and the ability to impact your community. But without proper planning, your business could be part of...
3 contingencies you may want in your offer to buy a home
You have a lot to gain and also potentially a lot to lose when buying residential real estate. For example, you might offer more money than you should for a property that needs extensive work. That means that you end up losing money on the transaction rather than...
3 important factors when buying commercial real estate
Investing in a commercial property can be a great business decision. If you already run a successful company, you could eliminate rent as an operational cost while assuming more control over how you use your facilities at the same time. Your business will benefit from...
5 requirements you must meet to start a non-profit corporation
There are many reasons you might want to start a non-profit corporation. Perhaps you have a passion for giving back and a great idea for addressing a known need or issue in the world. Maybe you already operate a for-profit business and would like a separate charitable...