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04/18/2023 Special and Regular
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Correspondence - Non-Agenda
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4/18/2023 2:38:45 PM
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City Clerk
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4/18/2023
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IRS Requirements <br /> The IRS typically requires at least three <br /> individuals to serve as board members for a <br /> given 501 (c)(3) organization. <br /> They also require that all members be in <br /> attendance for at least one annual meeting. The <br /> IRS places no limitations on term length or <br /> additional members or meetings. <br /> State Requirements <br /> In addition to federal requirements, each state <br /> has its own set of rules and regulations regarding <br /> nonprofit organizations. <br /> These may include providing background checks <br /> on board members or ensuring that certain <br /> policies are included in the organization's by- <br /> laws. <br />
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