Chicago Nonprofit Board Resolutions & Governance Attorney
In Illinois, the General Not For Profit Corporation Act of 1986 essentially governs many aspects of non-profit internal operations, including the formation, operation, and dissolution of not-for-profit corporations. Nonetheless, the functional management of a non-profit comes from its board of directors, officers, and employees. And in order for a non-profit to succeed and continually provide essential services to their community, they need to be able to coordinate its governance, develop board resolutions, and take action.
In most Illinois nonprofits, the board (and sometimes members) must approve of a decision before the non-profit can take action. With over 20 years devoted to non-profit legal counsel and practice, Chicago attorney James C. Provenza can help optimize and provide legal oversight for your board resolutions and governance so that your nonprofit can truly make a difference.
Board or Member Approval For Illinois
In maintaining a successful non-profit organization, you may require the board or member’s approval for actions that the non-profit needs to take. In most organizations, the board of directors governs significant financial, legal, and/or tax issues, some of which include:
• Setting salaries and benefits
• Leasing, purchasing, and selling real estate
• Amending the articles of incorporation or bylaws
• Issuing classes of memberships and setting membership dues
Membership approval is often required when making organizational structuring changes to the non-profit or changing the rights and/or responsibilities of members. In any case, to maintain the integrity of the non-profit and to comply with laws regarding Illinois non-profit governance, it is essential to know when to get board and membership approval and how to document board resolutions effectively.
Why a Chicago Nonprofit Attorney is Important
In short, a non-profit attorney will provide legal guidance for non-profit owners, founders, and board members on drafting and employing strong board resolutions. Furthermore, as there are many different ways in which members of the board can vote, a non-profit attorney can ensure that decisions carry legal backing and are implemented in accordance with the non-profit bylaws as well as Illinois law.
Contact James C. Provenza & Associates, PC for Comprehensive Non-Profit Legal Counsel
Whether setting up or expanding your non-profit, it is essential to ensure complete legal compliance and oversight. From drafting and implementing non-profit bylaws to helping a nonprofit properly organize its structure, Chicago non-profit attorney James C. Provenza offers comprehensive legal guidance to help your nonprofit document proper board resolutions and, consequently, succeed in your community.