Hogan Marren Babbo & Rose, Ltd. has extensive experience representing nonprofit organizations, including hospitals, schools, nursing homes, retirement housing facilities and foundations. While the business purpose of such organizations may be different, many of the legal principles governing their operation are the same. We have advised nonprofits regarding the fiduciary duties of their board members and assisted in complex corporate reorganizations. We have also advised regarding charitable trust law as it applies to these organizations and represented such organizations before state regulators and attorneys general regarding their compliance with applicable charitable trust and not-for-profit laws.
HMBR advises clients on obtaining tax-exempt status and on how to operate to maintain that status. We have advised as to such matters as the applicability of intermediate sanction law, unrelated business income tax, public charity status and rules governing private foundations and charitable deductions. Members of our firm have received precedent-setting private letter rulings related to Section 501(c)(3) exemption matters. We have also represented entities regarding their state real estate and sales tax exemptions.