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Industry Alerts

District of Columbia Nonprofit Corporation Act of 2010- Resources

Jan 5, 2012

The 2010 Nonprofit Corporation Act has the potential to affect many tax-exempt organizations in the District of Columbia. While these changes do not have direct auditing/tax implications, the law may significantly impact an organization’s legal structure and governance. Accordingly, we have provided website links to analyses of the Act by four local law firms. Please contact your legal counsel if you need additional information.

Venable LLC –The New D.C. Nonprofit Corporation Act Takes Effect on Jan. 1, 2012: Everything You Need to Know to Comply

Morgan Lewis – D.C. Nonprofit Corporation Law Changes for 2012 

 Harmon, Curran, Spielberg + Eisenberg – New D.C. Nonprofit Code as of January 1, 2012  

Arent Fox – Analysis of the New D.C. Nonprofit Corporation Act

For the past 12 years, the accounting firm of Gelman, Rosenberg & Freedman has consistently provided the Chesapeake Bay Foundation (CBF) with superior services.  The Gelman, Rosenberg and Freedman team, led by partner Terri McKnight, is knowledgeable about the nuances of the nonprofit industry, as well as attentive and thorough in their responses to any questions and concerns.

Fay Nance |  Chief Financial Officer
Chesapeake Bay Foundation