Nonprofit, Public and Professional Organizations

Published Jan. 14, 2012 application/pdf icon

It is not possible to sell a nonprofit business. By its nature, a nonprofit business is a charitable endeavor, managed by a board of supposedly disinterested citizens for the betterment of the community. A nonprofit business is not owned by any one individual or group of individuals. The IRS prohibits any board member or employee from receiving "profits" from a nonprofit organization. There are stiff penalties for doing so. That said, you can close down your nonprofit organization or consider transferring it to another Nonprofit.

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Melvin J DeGeeter
Current City: Champaign, IL
Chapter: ECI SCORE
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BS, MS - IA State U.; Ph.D - U of KY; 16 years Upjohn (Pfizer) & Monsanto R&D mgnt; 11 yr Technology Commercialization, TX A&M, IN Univ, U of IL; founder/owner of Med-Launch Inc. (pharmaceutical, medical devices and medical sftw consulting); 7 yr as independent crop adjuster; visiting prof in IL school of business teaching technology commercialization (TC); author and publisher of TC book;

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Education

BS, MS - IA State U.; Ph.D - U of KY; VP of Assoc of Univ Technology Managers (AUTM), President of Access Technology Across Indiana (ATAIN), President of Comstock Lions International, Board of Directors member for 3 companies (2 FPO & 1 NPO)

HARRY J CLARK Sr.
Current City: NORWALK, CT
Chapter: Greater Bridgeport SCORE
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CFO, VP-Controller

Small to mid size companies in international businesses. family owned multi retail stores, not for profit organization, wholesale paper distributor.

 

CPA-traning @ Coopers & Lybrand

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Education

CPA State of NJ    Fairleigh dickenson u-BS-Accounting

Cliff Sullivan
Chapter: Pinellas County SCORE
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Owned and Operated several business ventures, a Petroleum Distributorship, which included Plumbing, Heating, and Air Conditioning Contracting, Residential and Commercial for over 35 years. Formerly Licensed Master Plumber and Master Electrician.Licensed, New Hampshire Broker Real Estate, Insurance (Property & Casualty/Life Accident & Health), Securities. Internal Revenue Service (Retired), Real Estate Developer & Investor, Chairman Planning & Land Use Board 8 years.

 

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Education

Central Catholic High School, U.S. Navy Electrician's Mate School. U.S. Navy First Naval District Instructor School. Northern Essex Community College, AA Business Studies, New Hampshire College, Southern New Hampshire University BS Business.

Steven M Lember
Current City: Elkins Park, PA
Chapter: Montgomery County - Chapter 513

Exec. VP major ad agency specializing in direct marketing VP Telemarketing Service Bureau Direct Marketing Consultant Director of Marketing, financial services

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Education

Temple University, BA

Published Dec. 20, 2011 application/pdf icon

Steve Strauss discusses the concept of social entrepreneurship and offers a few real life examples.

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Michael C Harris
Current City: Charlotte, NC
Chapter: Charlotte SCORE

Worked primarily in the database-related facets of IT for over 25 years and was responsible for the overall architecture of a number of systems. Ran my own consulting firm, specializing in the areas of database administration, data modeling and creation of database dependent web sites. Since joining SCORE I have mentored over 500 clients in their start-up, and later, phase[s] of existence.

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Education

B.S. - Management Science; M.A, - Economics; further graduate study - Economics, Computer Science; Many continuing education seminars

Published Dec. 11, 2011 application/pdf icon

Answers to five basic questions are addressed in this document

  1. Why should nonprofit organizations apply to the IRS for 501(c)(3) status?
  2. Who is eligible for this status?
  3. What responsibilities go along with this status?
  4. How to apply for this status?
  5. And what resources are available to the applicant?
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Published Dec. 11, 2011 application/pdf icon

A quick overview of common questions regarding non-profits.

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Published Dec. 11, 2011 application/pdf icon

SCORE strongly believes that to be effective, competitive and sustainable, non-profits must not only be caring and creative, they must run their operations as businesses. This guide provides important tools for planning your non-profit.

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