Colorado Registration Statement
Description
How to fill out Registration Statement?
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FAQ
Generally, to register as an LLP in Colorado, the partners of the LLP must complete a ?Statement of Registration,? which requires the LLP to provide such information as the following: The name of the LLP; The LLP's main office address; The name and address of the LLP's registered agent.
Colorado's Secretary of State, Business Division charges a $50 filing fee for nonprofit Articles of Incorporation. A name reservation fee is $25.
The operational test for exemption under Section 501(c)(3) consists of four broad categories: Requirement to operate exclusively for exempt purposes. Prohibition against inurement. Prohibition against becoming an action organization; and. Prohibition against substantial private benefit.
The state of Colorado does not require nonprofits to obtain a business license, but many locations have their own requirements. It is best to contact your local government offices to ensure you do not have to have a business license.
A live or silent auction to raise funds for charity is considered a solicitation for contributions. Under the Colorado Charitable Solicitations Act, the organization would need to register as a charity (unless it is specifically exempted by the statute).
Charitable organizations must file a renewal and financial report on or before the 15th day of the fifth month after the close of each fiscal year in which the charitable organization solicited in Colorado. This is the same date that the organization's Form 990 is due to the IRS.
501(c)(3) nonprofits apply using Form 1023 or Form 1023-EZ. Review the criteria for each application and make sure you meet the eligibility requirements set out by the IRS. Other types of nonprofits, including 501(c)(4)s and 501(c)(6)s, apply using Form 1024.
