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re: Restructuring a nonprofit corporation
Posted on 1/9/24 at 9:17 pm to meAnon
Posted on 1/9/24 at 9:17 pm to meAnon
You can have a shared services contract for work overlap related to specific services. Our shared services agreement was limited as there are applicable tests to ensure that you aren’t a joint employer. Most of the services shared were related to technology support. We could not hire or terminate the subsidiaries employees. Our national board was risk adverse so we always were extremely cautious.
The relationship specifics can get complicated. An attorney would certainly be able to assist with the details.
The relationship specifics can get complicated. An attorney would certainly be able to assist with the details.
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