Nonprofit Resolution Template For Nonprofit In Washington
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A corporate resolution formally documents specific decisions or actions taken by a company's board of directors or shareholders. It typically addresses key issues like authorizing contracts, appointing officers, or approving major business transactions.
Overview. Most individuals or companies that conduct business in Washington State must obtain a state business license from the Business Licensing Service. In addition, most cities also require a separate business license in order to legally conduct business within their jurisdiction.
If a nonprofit organization conducts taxable business activities in Washington, it must register to do business within the state by completing a business license application.
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.
Board members/directors must be individuals and do not need to be residents of Washington State. Bylaws can add additional qualifications as agreed upon by the current board members. 501(c)(3) public charities must have at least 3 board members. Youth under the age of 18 may serve on a board.
The purpose statement should generally be fifty words or less, allowing it to be specific, memorable, and easy to share with others. It should be broad enough to allow for growth and program expansion, yet narrow enough to demonstrate tax-exempt qualification and to shape organizational decision-making.
Here is an example of an article containing the purpose statement for a California nonprofit public benefit corporation: This corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person.
Your nonprofit mission statement should reflect what you are actively doing as an organization. Look at your current programs, activities and impact and draft a mission statement that reflects them honestly. Up to date. If you find that your nonprofit's mission is evolving, shift your statement to reflect that change.
Your nonprofit mission statement should reflect what you are actively doing as an organization. Look at your current programs, activities and impact and draft a mission statement that reflects them honestly. Up to date. If you find that your nonprofit's mission is evolving, shift your statement to reflect that change.
