Legal Question in Business Law in Florida

change a LLC to a 501c3

Can I change an LLC to a non profit?


Asked on 7/20/09, 10:56 am

1 Answer from Attorneys

Sarah Grosse Sarah Grosse, Esquire

Re: change a LLC to a 501c3

No.

501(c)(3) is a Federal tax exempt status granted to certain qualifying corporations; it is not a type of entity.

The non-profit organization must first be structured and registered as a corporation. Then, the corporation may request tax exempt status.

There is no way to 'convert' an LLC to a corporation, to the best of my knowledge.

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Answered on 7/20/09, 11:15 am


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