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Sedona Collaborative Enterprises

Facilitating Cooperation, Community, Capacity Building, Co-creation, Service,  Stewardship and Sustainability

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Introduction to Benefit Corporations and Certified B Corps

Would you be interested in investing in companies involved in publishing, marketing and distribution, Internet marketing, audio video production and other activities that foster personal development, empowerment, enlightenment and transformation?

This new corporation subtype allows entrepreneurs and investors to organize stock corporations that can pursue both economic and social objectives.

Benefit Corporations are a new class of cause-oriented corporation that:

  (1) creates a material positive impact on society and the environment;

  (2) expands fiduciary duty to require consideration of non-financial interests when making decisions; 
  (3) reports on its overall social and environmental performance using recognized third party standards.
 

Certified B Corporations are a new type of corporation which uses the power of business
to solve social and environmental problems.  B Lab, a nonprofit organization, certifies B Corporations. There are over 500 Certified B Corporations across 60 different industries. B Corporations are a diverse community with one unifying goal:
to redefine success in business.

The best resource center for information on B Corps is B Lab.  http://www.benefitcorp.net/

There is also a page as http://en.wikipedia.org/wiki/Benefit_corporation

Click Here for a great introduction to Crowd Funding and the JOBS Act with Candace Klein

 

B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems. Learn about B Corps at www.bcorporation.net. Learn about Benefit Corporations at http://www.benefitcorp.net/

Click Here for our invitation to the cofounders of B Lab seeking possible collaboration and permission to reprint some of their content on our web sites, webinars and publications.

States That have Enacted Benefit Corporation Legislation

Arizona
Benefit Corporation
Effective December 31st 2014.

az_seal_color

Arkansas Benefit
Corporation
Effective August 2013
AR_Seal_Color
California
Benefit Corporation

California State Seal
Colorado
Benefit Corporation
Effective April 1, 2014.

CO_State_Seal_Color

Delaware Benefit
Corporation

Effective August 1, 2013
DE_State_Seal
Hawaii
Benefit Corporation
Hawaii State Seal
Illinois
Benefit Corporation
 
IL_Seal
Louisiana
Benefit Corporation

LA_Seal

Maryland
Benefit Corporation
Maryland State Seal
Massachusetts 
Benefit Corporation

mass_seal_color

Nevada
Benefit Corporation
Effective January 1, 2014.

nevada-state-seal

New Jersey
Benefit Corporation

New Jersey State Seal
New York
Benefit Corporation

New York State Seal
Oregon
Benefit Corporation

Oregon_state_seal

Pennsylvania  
Benefit Corporation

PA_Seal

Rhode Island
Benefit Corporation
Effective January 1, 2014state-seal-rhode-island_color

South Carolina
Benefit Corporation

SC_Seal

Vermont
Benefit Corporation

Vermont State Seal
Virginia
Benefit Corporation

VA Seal

Washington, DC
Benefit Corporation

Color_Seal-DC

 

States With Pending Benefit Corporation Legislation

     
Alabama
Benefit Corporation

Alabama_Seal

North Carolina
Benefit Corporation

North Carolina State Seal
West Virginia
Benefit Corporation

WV_State_Seal

Connecticut
Benefit Corporation
CT_Seal
Florida Benefit
Corporation

State_Seal_Florida

 
Texas Benefit
Corporation

TX_state_seal

Iowa Benefit Corporation

Iowa_State_Seal

Montana Benefit Corporation

MTSeal

 

www.CommunityEconomicDevelopmentBenefitCorporation.com

For more information, please contact Charles Betterton at 928-284-2671.

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