An Unincorporated Non-Profit Association (UNA) — Personal is a member-based private association (often used by families or small groups) that can be structured to hold property, open accounts, and carry out a shared non-profit purpose under state law—without forming a corporation. In many states, a UNA is treated as a separate legal entity for certain purposes (like owning property and contracting), but it is not automatically tax-exempt simply because it’s called “nonprofit.”

“We help members understand how a Personal Unincorporated Non-Profit Association can be structured as a private, member-based organization for lawful stewardship, administration, and legacy planning purposes. A UNA can support clearer governance, documentation, and separation of association activities, and may be eligible to pursue tax-exempt treatment depending on purpose and compliance requirements.

 

FintechNPA provides education and documentation guidance only; members should consult qualified legal and tax professionals to confirm how any structure applies to their specific situation.”