NEW YORK STATE
Hello,
I am an ordained Minister curently traveling about teaching and preaching and providing conference and seminar speaking on ocassion. I have a small number of 3 people who make up my ministry support team.
I am beginning to consider becoming "non-profit 501 c(3)" for the tax and other non-profit advantages. Looking to purchase property in which my ministry can operate; perhaps invest in some income-property as an addtional support to the ministry; and provide ministry books and media to expand the ministry and further support it.
I am concerned however, about retaining ownership and soverign authority over the ministry as "I" am my ministry in the sense as if I were a motivational speaker without for-profit mission and thus wanted the benefits of such. What would you recommend for ministry business structure? DBA, 501c9(3), etc. State: NYS.
Thank you very much for your suggestion(s).
Hello,
I am an ordained Minister curently traveling about teaching and preaching and providing conference and seminar speaking on ocassion. I have a small number of 3 people who make up my ministry support team.
I am beginning to consider becoming "non-profit 501 c(3)" for the tax and other non-profit advantages. Looking to purchase property in which my ministry can operate; perhaps invest in some income-property as an addtional support to the ministry; and provide ministry books and media to expand the ministry and further support it.
I am concerned however, about retaining ownership and soverign authority over the ministry as "I" am my ministry in the sense as if I were a motivational speaker without for-profit mission and thus wanted the benefits of such. What would you recommend for ministry business structure? DBA, 501c9(3), etc. State: NYS.
Thank you very much for your suggestion(s).