All in Legal

Chicago Building Code - What to know & Where to Find it

On April 10, 2019, the Chicago City Council approved a complete overhaul of the city’s building codes to bring new development into the 21st century. Whether you are a homeowner, real estate investor, landlord, or DIY buff, you may be interested to know how the details of these regulatory updates will impact you. We’ve compiled a list of great resources to keep you informed about the Chicago Building Code updates.

What is the Difference between a Private Foundation and a Public Charity?

The IRS classifies nonprofit organizations (those that qualify for 501(c)(3) tax-exempt status) as either “public charities” or “private foundations.” Although there are a number of detailed rules that distinguish between these two types of nonprofits, the major difference comes down to how involved the public is in the funding of these organizations. Read on to find out more…