Hawaii DCCA’s FAQ can be a resource for nonprofits

The State Department of Commerce and Consumer Affairs has published a guide for nonprofit organizations, answering many frequently asked questions, such as:

• Does my nonprofit need to be a corporation?
• Does my organization need to qualify for a tax exemption to be considered a “nonprofit?”
• What is the difference between a “public charity” and a “private foundation?”
• My organization has a parent or national organization that received its 501(c)(3) status from the IRS. Can my organization “piggy back” on the parent/national organization’s tax exempt status?
• If my nonprofit obtained 501(c)(3) status from the IRS, do I have to apply separately with the Hawaii Department of Taxation to gain income tax exempt status in Hawaii?

To see the complete FAQ, click here.