Bylaws Of A Corporation For Nonprofit Organizations In Montgomery

State:
Multi-State
County:
Montgomery
Control #:
US-00444
Format:
Word; 
Rich Text
Instant download

Description

This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
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FAQ

Incorporation gives trustees greater protection from being personally liable. A charity that employs people or promises to provide services (that is, most of them!) will normally choose to be incorporated.

Top-down. A top-down org chart has the board of directors at the top, followed by the executive team, and then the staff. Decision-making authority flows from the top down, with limited input from lower levels. This org chart is suitable for larger nonprofits that need strong, centralized leadership.

The most common nonprofit board member positions are a president (also called the chairperson), vice-chair, secretary, and treasurer. A president, secretary, and treasurer are the mandatory positions, but many nonprofits also have a vice-chair.

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.

The state of Alabama requires at least three board members for a nonprofit. The Alabama Association of Nonprofit and our partner, the Standards for Excellence Institute, recommend a minimum of 5-7 unrelated board members for every nonprofit.

How to Start a Nonprofit in Alabama 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.

Steps to start a Nonprofit Name Reservation – Alabama Secretary of State's Office. File the Certificate of Formation – Alabama Secretary of State's Office ($200) File Form 1023 – Internal Revenue Service (fees required and it takes about a year on average to get your certification)

The nonprofit status is a designation awarded by the state. Tax exempt status is awarded by applying to the IRS. With few exceptions, charitable and nonprofit organizations have no special exemption from the state's sales and use taxes.

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Bylaws Of A Corporation For Nonprofit Organizations In Montgomery