This Articles of Incorporation for Domestic Non-Profit Corporation in West Virginia state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new non-profit corporation. The form contains basic information concerning the corporation, normally including the corporate name, names of the incorporators, directors and/or officers, purpose of the corporation, corporate address, registered agent, and related information.
West Virginia Articles of Incorporation for Domestic Nonprofit Corporation
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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.
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.
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.
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.
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.
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.
All states require nonprofit corporations to have a registered agent in the state of formation. The registered agent is responsible for receiving legal and tax documents, must have a physical address (no P.O.Note that supplying the nonprofit's principal office address is optional in many states, but some require it.
