A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
If you’re starting an organization with a strong charitable purpose and limited earning potential, an L3C might work for you as an alternative to a nonprofit. In considering your options for an impact-driven organization, take the possibility of an L3C into account, but be aware of its intricacies. North Dakota. Rhode Island.
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