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What it Costs to Form a Utah Nonprofit. Utah charges a $22 filing fee for non-profit Articles of Incorporation. A $30 non-refundable processing fee must also be submitted with the Articles. The filing fee for annual reports is $7.
16-6a-803 Number of directors. (1) A board of directors shall consist of three or more directors, with the number specified in, or fixed in accordance with, the bylaws.
Some basic information a resolution should include is the name of the corporation; the date of the board meeting when the resolution was approved; and the names of the board members who attended the meeting, or a statement that all board members or a quorum were present.
Labeling a vote a resolution means that the board believed the issue was important enough to separate it from standard voting issues. A resolution is considered an official board action and it requires a quorum. Board directors must document all official board actions, including resolutions, in their meeting minutes.
All Resolved clauses within a resolution should use the objective form of the verb (for example, Resolved, that the American Library Association (ALA), on behalf of its members: (1) supports...; (2) provides...; and last resolved urges....") rather than the subjunctive form of the verb (for example, Resolved,
How to Start a Nonprofit in UtahName 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.More items...
No one person or group of people can own a nonprofit organization. Ownership is the major difference between a for-profit business and a nonprofit organization. For-profit businesses can be privately owned and can distribute earnings to employees or shareholders.
Yes. A nonprofit organization, meeting the requirements of section 501(c)(3), can operate on a limited basis as an exempt organization before it receives its determination letter from the I.R.S. It's important not to put off filing for your exemption.
To start a 501(c)(3) nonprofit corporation in Utah you must:Step 1: Name Your Utah Nonprofit.Step 2: Choose Your Registered Agent.Step 3: Select Your Board Members & Officers.Step 4: Adopt Bylaws & Conflict of Interest Policy.Step 5: File the Articles of Incorporation.Step 6: Get an EIN.Step 7: Apply for 501(c)(3)