Can a Founder of a Charity Be Paid?

Can Employees Serve on Nonprofit Boards? An employee can serve on a charity’s board, but important considerations arise. It is common for a CEO or director to hold a position on the board, given their unique legal status. While they perform services, they are not considered staff. Despite being legally allowed in most states, having … Read more

What Is Corporate Gift Business?

Corporate Gifting Overview Corporate gifting involves sending valuables to clients, employees, or other business associates to create a connection and make a positive impression. Types of corporate gifts include gift cards, swag products, and premium offerings. Benefits of Corporate Gifting Corporate gifting leads to increased client retention, positive company culture, brand exposure, and customer loyalty. … Read more

How Much Is Illinois Corporate Annual Report? LLC Annual Requirements in Illinois

Annual Renewal and Fees What is the annual fee for an LLC in Illinois? To renew your Illinois corporation annually, file a Corporate Annual Report form. An administratively dissolved corporation may reinstate by paying $200, plus delinquent fees. LLCs also file annual reports in Illinois. To reinstate a corporation, submit the Application for Reinstatement form … Read more