501(c) Formation
There are approximately 1.3 million 501(c) organizations based in the United States comprising of 5-10% of the United States’ economy and about 10% of United States employment. Each organization possesses unique goals and missions for the communities they reach. The commonality between these organizations are the steps toward formation detailed below.
If you are forming a 501(c) non-profit organization, Contact Us for a consultation.
By: Nnamdi Nwaneri (04/2021)
Registering the Entity
Check with your local Secretary of State office or department concerning business name search, registration, and formation
Naming Board of Directors
Select a group of individuals who are committed to the organizations mission and are willing to put the time and energy to fulfill said mission
Create Bylaws
This core document specifies the organizations operational methodology. The provisions relate to the ways it conducts its affairs, the duties of its directors and the responsibilities of its officers and employees.
Filing Articles of Incorporations
Articles of Incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation.
Registering for an EIN
Used to file federal tax returns.
Applying for Tax-Exempt Status
Completing and submitting applicable forms with accurate financial projections and specialty sections.