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Register for Required State Licenses Yes. Your nonprofit can register for a state tax ID by submitting an Application for Business Tax Identification Number (Form ACD-31015) to the New Mexico Taxation and Revenue Department. You can submit online, and there is no filing fee.
How to Start a Nonprofit in New Mexico Name Your Organization. ... Recruit Incorporators and Initial Directors. ... Appoint a Registered Agent. ... Prepare and File Articles of Incorporation. ... File Initial Report. ... Obtain an Employer Identification Number (EIN) ... Store Nonprofit Records. ... Establish Initial Governing Documents and Policies.
Nonprofit organizations recognized by the federal government under Section 501(c) of the Internal Revenue Code enjoy tax-exempt status in New Mexico to varying degrees for income (not pur- chases) covered by their IRS letters of authoriza- tion.
The exempt purposes set forth in section 501(c)(3) are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals.
Organizations organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational, or other specified purposes and that meet certain other requirements are tax exempt under Internal Revenue Code Section 501(c)(3).
New Mexico considers you a tax-exempt organization if the federal government has first granted the status to you under Section 501(c) of the Internal Revenue Code with a classification as an educational or social entity. Your gross receipts may be exempt from gross receipts tax under Section 7-9-29 NMSA 1978.
New Mexico Sales Tax Exemption for a Nonprofit New Mexico automatically exempts eligible charities from sales tax, so there is no need to apply for an exemption. Charities may, however, need to present an exemption certificate in order to receive an exemption on a purchase. Are You Compliant?
Public Access to Court Records As provided by the New Mexico Supreme Court Order and the Case Access Policy for Online Court Records, there are three ways to access New Mexico public court records: Case Lookup for the general public. Secured Odyssey Public Access (SOPA) for registered users.