Not Profit

 Articles of Incorporation, Not for Profit Organization, with Tax Provisions
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Description Not Profit Sample

A nonprofit corporation is one that is organized for charitable or benevolent purposes. These corporations include certain hospitals, universities, churches, and other religious organizations. A nonprofit entity does not have to be a nonprofit corporation, however. Nonprofit corporations do not have shareholders, but have members or a perpetual board of directors or board of trustees.

The proper form and necessary content of articles or certificates of incorporation for a nonprofit corporation depend largely on the requirements of the state nonprofit corporation act in the state of incorporation. Typically nonprofit corporations have no capital stock and therefore have members, not stockholders. Because federal tax-exempt status will be sought for most nonprofit corporations, the articles or certificate of incorporation must be carefully drafted to include specific language designed to ensure qualification for tax-exempt status.

This form is base on the Revised Model Nonprofit Corporation Act.

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Profit Organization Sample Other Form Names

Not Profit Statement   Articles Organization Form   Incorporation Tax   Not Profit Form   Articles Incorporation Organization   Not Profit Draft   Not Profit Application  

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