At the law firm of Rodenhausen Chale & Polidoro LLP we advise Not-for-Profit Corporations such as libraries, fire companies, charitable corporations, land trusts, historic societies, local development corporations and other economic development entities in connection with IRS and State Charities Bureau requirements.

The Not-For-Profit Law has recently been amended to make the steps in the formation of not-for-profit corporations simpler. It is important to keep up to date with these changes. To learn more about the services we provide, we encourage you to contact us.

Formation: We assist in the preparation and filing of corporate organizing documents under the New York State Not-for-Profit Corporation Law, and in the preparation or review of bylaws.

501(c)(3): We assist in the preparation of applications for recognition of exempt status under Section 501(c)(3) of the Internal Revenue Code.

Negotiation and preparation of contracts: We are available to draft, review and negotiate contracts with consultants, contractors and other parties.

Board procedures: We advise our clients regarding board proceedings for specific matters such as land acquisition, development projects, loan financings and ethical issues for board members.

Real estate matters and capital projects: We guide not-for-profit clients through the process of purchasing and selling real estate, negotiating easements and developing capital facilities, including application for approval of disposition of assets.

Grants and Loans: We advise clients regarding compliance with procedures for grants and loans, including compliance with public procurement procedures where applicable.

Annual Filings: We assist not-for-profit corporations in filing annual reports required by the New York State Attorney General’s Charities Bureau and the Internal Revenue Service.

Local Development Corporations: Section 1411 of the Not-For-Profit Corporation Law authorizes the formation of local development corporations to achieve various governmental purposes. We used this section of law to authorize the formation of the East of Hudson Watershed Corporation as a not-for-profit entity dedicated to the installation of stormwater “retrofits” throughout the NYC Watershed east of the Hudson River to reduce the discharge of phosphorus to the City’s reservoirs.

As a result of our depth of experience in related areas, we are able to assist with transactions involving multiple parties, jurisdictions and issues. Please contact us to discuss your needs with an experienced not-for-profit corporation law attorney.