A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
Other examples have included farmers’ markets, newspapers, law groups and art centers. And now the million dollar question: is this business model right for my organization? Though L3Cs are socially conscious, they’re not tax-exempt , and donations and investments are not tax-deductible. Can I start an L3C? North Dakota. Rhode Island.
Let's personalize your content