PRE-ORDER
Modern not-for-profit corporations include sophisticated enterprises such as universities, hospitals, museums, religious institutions, and social welfare agencies, which are subject to increased scrutiny under federal and state laws and regulations. This handbook helps you assist your not-for-profit clients in navigating the legal framework within which they must operate. It contains advice from Illinois attorneys on every aspect of the not-for-profit business model, including initial organization and formation; tax considerations; operating considerations; directors’ and officers’ liability; employment issues; merger and consolidation, sale of assets, and dissolution; government regulation; and homeowners’ associations. It also includes a helpful chapter on the dos and don’ts for not-for-profit corporations and editable forms.
Chapter 1 — Organizing an Illinois Not-for-Profit Corporation
David L. Bea, Bea & VandenBerk, Chicago
Chapter 2 — Tax Considerations
Scott S. Fintzen, Gaido & Fintzen, Chicago
Chapter 3 — Operating Considerations
Kellye F. Story, Michael Best & Friedrich LLP, Milwaukee, WI
Chapter 4 — Directors’ and Officers’ Liability
James H. Pluymert and Tempia A. Courts, MacDonald, Lee & Senechalle, Ltd., Hoffman Estates
Chapter 5 — Employment Issues
Susan B. Frischer, Quintairos, Prieto, Wood & Boyer P.A., Chicago
Chapter 6 — Merger and Consolidation, Domestication and Conversion, Sale of Assets, and Dissolution
David L. Bea, Bea & VandenBerk, Chicago
Chapter 7 — Government Regulation
Daniel J. Mays, Bea & VandenBerk, Chicago
Chapter 8 —State Property and Sales Tax Exemptions
Sally Wagenmaker and Chas Taylor, Wagenmaker & Oberly, LLC, Chicago
Chapter 9 — Homeowners’ Associations
Joshua A. Weinstein, Kovitz Shifrin Nesbit, Mundelein, and Omar K. Malik, Kovitz Shifrin Nesbit, Chicago
Chapter 10 — The Dos and Don’ts of Not-for-Profit Corporations
Kellye F. Story, Michael Best & Friedrich LLP, Milwaukee, WI