How to Easily and Quickly Start a Non-Profit Corporation

Starting A nonprofit corporation in the United States is similar to starting a regular "for profit" corporation. The difference is that a nonprofit has to apply for tax-exempt status with the Internal Revenue Service and with their state tax division.

Generally, charitable, religious, educational and scientific organizations are the types of entities that form nonprofit corporations.

Most of these type of organizations form a nonprofit corporation with two purposes in mind. First is to seek 501(c)(3) tax-exempt status and next is to provide limited liability for the people involved.

The actual mechanics and procedures are listed below but are not in any order.

  • Choose an available business name that meets requirements of the state that you are applying to.
  • You must then file all of the paperwork like the articles of incorporation.
  • You must Apply for your federal and state tax exemptions.
  • You must create your corporate bylaws. These set out the operating rules.
  • You must appoint the directors of your new corporation and hold the first meeting of that board.
  • Be sure and obtain any licenses or permits that may be required and pay any applicable fees.

If this all seems a little overwhelming, why not do it the easy way by allowing a company that does it for a living handle the entire procedure for you.

Click Here for my recommendation on setting up your nonprofit corporation inexpensively, without a hassle and most of all .....done right.




Nonprofit News

When Nonprofit Hospitals Sue Their Poorest Patients - NPR

2014-12-20
NPRWhen Nonprofit Hospitals Sue Their Poorest PatientsNPRNonprofit hospitals get huge tax breaks — they are considered charities and therefore don't pay federal or state income tax or local property tax. In exchange, they are obligated to provide financial assistance or "charity care" to lower-income patients.From the E.R. to the Courtroom: How Nonprofit Hospitals Are Seizing Patients ...ProPublicaNonprofit Hospitals Seize Low-Income Patients' WagesTIMEall 63 news articles »

Five on Your Side: AT&T cuts service to nonprofit - KSDK

2014-12-20
KSDKFive on Your Side: AT&T cuts service to nonprofitKSDKThe nonprofit St. Louis Help loans medical equipment, like wheelchairs, to people who can't afford it or don't have insurance.But during the busiest time of its year, AT&T cut its service. AT&T couldn't tell Five on Your Side's Mike Rush why it did ...

Head of embattled Minneapolis nonprofit denies wrongdoing - TwinCities.com-Pioneer Press

2014-12-20
Head of embattled Minneapolis nonprofit denies wrongdoingTwinCities.com-Pioneer PressThe head of a nonprofit accused of misspending public money on travel and other personal expenses has broken his silence. Bill Davis was the longtime CEO of Community Action Minneapolis until earlier this year, when the state severed its contracts and ...and more »

Taxpayers on Losing End of Government's Lax Oversight of Florida Nonprofit - Daily Signal

2014-12-20
Daily SignalTaxpayers on Losing End of Government's Lax Oversight of Florida NonprofitDaily SignalHall-Dennis took in $1,341,628 in total nonprofit grants over six years. Had any of the government benefactors bothered to check, they would've found Hall-Dennis failed to file tax returns with the Internal Revenue Service on behalf of the Business ...

Former nonprofit director pleads guilty to theft - The Coloradoan

2014-12-19
The ColoradoanFormer nonprofit director pleads guilty to theftThe ColoradoanThe former executive director of a Fort Collins nonprofit pleaded guilty to embezzlement Thursday. Former Child Advocacy Center Director Laura Hunt pleaded guilty Thursday to one count of felony theft and one count of misdemeanor theft. She can avoid ...and more »