Recruit Incorporators and Initial Directors You will need at least one, but can have more than one. Directors make up the governing body of your nonprofit corporation and are stakeholders in your organization's purpose and success. You'll want to identify three, unrelated individuals to meet IRS requirements.
Non-profit entities organized pursuant to NRS Chapter 82 are not required to have a State Business License. Non-profit entities organized pursuant to NRS 81 must file the Declaration of Eligibility for Exemption form along with their initial or annual list.
A Nevada initial list is the first list that registered business entities need to submit to comply with Nevada regulations. It details a business entity's key people and other information. All Nevada corporations must submit initial lists.
For federal tax purposes, an organization is exempt from taxation if it is organized and operated exclusively for religious, charitable, scientific, public safety, literary, educational, prevention of cruelty to children or animals, and/or to develop national or international sports.
Other types of organizations and companies are exempt from filing for a business license, including government entities, non-profit organizations (religious groups, fraternal organizations, and charitable organizations), a person who is a natural citizen and operates a business from their home if the business does make ...
What is an “amended list”? Whenever a company changes its officers, directors, members, or managing members, it is required to file an “amended list of managers or members” to ensure information remains up to date with State of Nevada agencies and in the public records maintained by the Secretary of State.
1. Every corporation must have a president or a chair of the board, a secretary and a treasurer. 2. Every corporation may also have one or more vice presidents, assistant secretaries and assistant treasurers, and such other officers and agents as may be deemed necessary.
Nevada distinguishes between reinstatement and revival. You may reinstate for five years after the date of involuntary dissolution. You may revive at any time, which is a more severe process. Starting a new company may be simpler and cheaper.
How to write a board resolution Put the date and resolution number at the top. Give the resolution a title that relates to the decision. Use formal language. Continue writing out each critical statement. Wrap up the heart of the resolution in the last statement.