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.
12 Steps to Starting a Nonprofit in Arizona Name Your Organization. Name Incorporators and Directors. Appoint a Registered Agent. File Arizona Articles of Incorporation. Publish Incorporation. Apply for an Employer Identification Number (EIN) Hold Organization Meeting and Establish Nonprofit Bylaws.
12 Steps to Starting a Nonprofit in Arizona Name Your Organization. Name Incorporators and Directors. Appoint a Registered Agent. File Arizona Articles of Incorporation. Publish Incorporation. Apply for an Employer Identification Number (EIN) Hold Organization Meeting and Establish Nonprofit Bylaws.
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.
Corporate bylaws are legally required in Arizona. AZ Rev Stat § 10-206 states that the “board of directors of a corporation shall adopt initial bylaws for the corporation.” This means that adopting bylaws is a legal requirement.
Steps for Finding Nonprofit Bylaws: Search IRS databases, request from the nonprofit directly, or check state nonprofit registries. Understanding Bylaws' Importance: Bylaws dictate governance, structure, and compliance for nonprofit operations.
Does my tax-exempt organization need to submit changes in its bylaws to the IRS? The Internal Revenue Code 501(c) (3) requires that any tax-exempt organization report changes in bylaws and other governing documents to the IRS every year using IRS Form 990.
Corporate bylaws are legally required in Arizona. AZ Rev Stat § 10-206 states that the “board of directors of a corporation shall adopt initial bylaws for the corporation.” This means that adopting bylaws is a legal requirement.
12 Steps to Starting a Nonprofit in Arizona Name Your Organization. Name Incorporators and Directors. Appoint a Registered Agent. File Arizona Articles of Incorporation. Publish Incorporation. Apply for an Employer Identification Number (EIN) Hold Organization Meeting and Establish Nonprofit Bylaws.
12 Steps to Starting a Nonprofit in Arizona Name Your Organization. Name Incorporators and Directors. Appoint a Registered Agent. File Arizona Articles of Incorporation. Publish Incorporation. Apply for an Employer Identification Number (EIN) Hold Organization Meeting and Establish Nonprofit Bylaws.