This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of A Corporation For Nonprofit Organizations In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00444
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Arizona Business Licenses You may need to obtain local or state business licenses or permits, depending on the type of activities your nonprofit intends to engage in, and where it is located within the state.
How to Form an Arizona Nonprofit Corporation Choose a Name for Your Arizona Nonprofit Corporation. Appoint the Initial Directors for Your Corporation. Appoint an Arizona Statutory Agent. Prepare and File Your Nonprofit Articles of Incorporation. Publish Notice of Your Nonprofit's Incorporation.
The minimum number of board members is set by state statute. Arizona requires one board member. Nonprofits do not need to be incorporated to receive tax exempt status from the IRS, but it is usually recommended.
1. Delaware. Delaware is a small state but remains the most popular state to start a nonprofit. Many nonprofits register as corporations, and unlike other states on the East Coast, in Delaware, you can form nonprofits under the same statutes as other for-profit corporations.
Arizona requires one board member. Nonprofits do not need to be incorporated to receive tax exempt status from the IRS, but it is usually recommended.
A board of directors, also known as a nonprofit board, is the governing body of a nonprofit. The members of a nonprofit board focus on the high-level strategy, oversight, and accountability of the organization. This contrasts with employees or managers who oversee the day-to-day operations of the nonprofit.
An incorporated charity, as mentioned above, is recognised as a legal form (like a company). This means it can own property and sign contracts in the charity name. Incorporation is beneficial as it gives trustees greater protection from being personally liable.
Traditionally, when starting a nonprofit, the best choice for legal structure is to form a nonprofit corporation at the state level and to apply for 501(c)(3) tax exemption at the federal level.
Traditionally, when starting a nonprofit, the best choice for legal structure is to form a nonprofit corporation at the state level and to apply for 501(c)(3) tax exemption at the federal level.
Each nonprofit organization's structure is a little different, but they all have three core elements: governance, administration, and programs. Within these areas, there will be multiple functions, and all the work should contribute to advancing the nonprofit's mission.