Get any template from 85,000 legal documents including Minnesota Articles of Incorporation for Domestic Nonprofit Corporation online with US Legal Forms. Every template is drafted and updated by state-accredited lawyers.
If you have already a subscription, log in. Once you are on the form’s page, click on the Download button and go to My Forms to get access to it.
In case you have not subscribed yet, follow the steps below:
With US Legal Forms, you’ll always have instant access to the proper downloadable template. The platform provides you with access to documents and divides them into groups to simplify your search. Use US Legal Forms to obtain your Minnesota Articles of Incorporation for Domestic Nonprofit Corporation easy and fast.
In order to form a nonprofit corporation, you must file articles of incorporation (sometimes called a "certificate of incorporation" or "charter document" or "articles of organization") with the state and pay a filing fee.
501(c)(3) organization. A 501(c)(3) organization is a corporation, trust, unincorporated association, or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US.
Within the United States, you should find the 501(c)(3) tax code. When determining the nonprofit status of an organization, begin by using the IRS Select Check database. The IRS provides an Exempt Organization List on its website. You can also ask the nonprofit for proof of their status.
Your nonprofit articles of incorporation is a legal document filed with the secretary of state to create your nonprofit corporation. This process is called incorporating. In some states, the articles of incorporation is called a certificate of incorporation or corporate charter.
The nonprofit corporation definition is an organization that is legally incorporated and also recognized by the IRS as tax-exempt based on business activity. The vast majority of nonprofits are classified as 501(c)3 organizations by the IRS. However, that is not the only designation for a nonprofit.
Both of them exempt organizations from paying corporate income taxes. However, a 501(c) organization may not allow its donors to write off donations while a 501(c)(3) organization lets its donors take tax deductions on their contributions.
Nonprofit Organizations are not Required to Incorporate If the nonprofit does not incorporate, it is not required to file any organizing documents unless it seeks tax-exempt status from the Internal Revenue Service.
To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual.
Legal Name of the Organization (Not taken by other companies in your State) Address of the Organization (Should be in the Incorporating State) Incorporator of the Nonprofit Organization.