This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Drafting Bylaws For Nonprofit Organizations In Maricopa
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State:
Multi-State
County:
Maricopa
Control #:
US-00444
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Word;
Rich Text
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FAQ
How to Start a Nonprofit in Arizona Name Your Organization. Recruit Incorporators and Initial Directors. Appoint a Registered Agent. Prepare and File Articles of Incorporation. Publish Incorporation. File Initial Report. Obtain an Employer Identification Number (EIN) ... Store Nonprofit Records.
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 many members usually sit on a board? A typical board of directors has nine members, but some have three, and others have 31. Typically, private companies have between three and seven directors on their boards. To avoid voting ties, boards are usually an odd number.
How to Start a Nonprofit in Arizona Name Your Organization. Recruit Incorporators and Initial Directors. Appoint a Registered Agent. Prepare and File Articles of Incorporation. Publish Incorporation. File Initial Report. Obtain an Employer Identification Number (EIN) ... Store Nonprofit Records.
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.
The IRS generally requires a minimum of three board members for every nonprofit, but does not dictate board term length. What is important to remember is that board service terms aren't intended to be perpetual, and are typically one to five years.
In Arizona, you can convert an LLC into a nonprofit corporation by filing a Statement of Conversion. However, it's not as easy as just filing a form. You first need the approval of all LLC members, and you'll need to draft Articles of Incorporation and nonprofit bylaws as well.