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North Carolina Articles of Incorporation Nonprofit Corporation Community Third Party Or Medicaid Pooled Trust

State:
North Carolina
Control #:
NC-SKU-1313
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Articles of Incorporation Nonprofit Corporation Community Third Party Or Medicaid Pooled Trust

North Carolina Articles of Incorporation Nonprofit Corporation Community Third Party Or Medicaid Pooled Trust is a legal document that is filed with the North Carolina Secretary of State in order to form a nonprofit corporation. This document outlines the purpose of the organization, its members, and its directors. It also specifies how the organization is to be governed, how it will manage its affairs, and how it will raise funds. There are three types of North Carolina Articles of Incorporation Nonprofit Corporation Community Third Party Or Medicaid Pooled Trust: 1) a single-member trust, 2) a multi-member trust, and 3) a pooled trust. A single-member trust is for a single individual, while a multi-member trust is for multiple individuals. A pooled trust is used to pool the resources of multiple individuals to help those individuals manage their medical expenses.

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FAQ

Every North Carolina nonprofit would be required to file an annual report with the N.C. Secretary of State that includes its name, address, and email address, as well as the names, addresses (which can be the nonprofit's address), and titles of its principal officers, and a brief description of its activities.

To dissolve your nonprofit, you will need a plan of dissolution. At a minimum, the plan must provide that all of your nonprofit's liabilities and obligations are to be paid and discharged, or otherwise adequately provided for, and also provide for the proper distribution of any remaining assets.

How to Start a Nonprofit in North Carolina 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.

How Much Does It Cost to Start a North Carolina Nonprofit? The fees to start a nonprofit in North Carolina include a $60 fee with your Articles of Incorporation and a $275 fee for 501c3s when filing for tax-exempt status with the IRS. You may also choose to incur additional costs along the way.

You must give at least five days' notice of the meeting and the notice must include a copy or summary of the plan of dissolution. If your bylaws require that dissolution also be approved by any other person, that person must provide approval in writing.

How to Start a Nonprofit in North Carolina 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.

NC Nonprofit Articles of Incorporation Requirements.Get a Federal Employer Identification Number (EIN)Hold Your Organizational Meeting & Adopt Bylaws.Apply for Federal and/or State Tax Exemptions.Register for Required State Licenses.Open a Bank Account for Your NC Nonprofit.

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North Carolina Articles of Incorporation Nonprofit Corporation Community Third Party Or Medicaid Pooled Trust