To form a Nonprofit Corporation, Articles of Incorporation must be filed. The Articles of Incorporation must include the following:
- the name of the corporation (which must include “Corporation”, “Company,” “Incorporated,” “Limited,” or an abbreviation thereof);
- a statement as to whether the corporation will be a public benefit, religious or mutual benefit corporation;
- the name and address of the Registered Agent;
- the name and address of all the incorporators;
- a statement as to whether the corporation will have members;
- a statement regarding the distribution of assets upon dissolution and
If you intend to apply for IRS federal tax exemption as a charitable organization, your articles of incorporation must contain a required purposed clause and a dissolution of assets provision. Valuable information on 501(c)(3) qualification is on the IRS website http://www.irs.gov/. It includes sample articles of the incorporation. Click the “Charities and Nonprofits” link and then the Life Cycle of a Public Charity.
Note: NONPROFIT CORPORATIONS: Before filing or completing Articles of Incorporation, you should first contact the IRS. The IRS will recognize and provide tax exempt status to a nonprofit corporation only if it meets certain criteria and guidelines. The IRS publishes a booklet which is helpful in this process: “Tax Exempt Status for Your Organization” Publication #557. This publication can be obtained by calling 800-829-3676.
Internal Revenue Service will conduct eighteen one-day workshops on basic tax compliance issues for small and mid-sized exempt organizations.The workshops will cover the procedures tax-exempt organizations must follow to maintain their tax-exempt status and comply with their tax obligations. The workshops are designed for board members, officers and staff of small and mid-sized tax-exempt organizations and the practitioners who work with them. You may view the schedule by clicking here
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