West Virginia Grant Agreement - From Government Assoc.

State:
Multi-State
Control #:
US-ENTREP-0038-1
Format:
Word; 
Rich Text
Instant download

Description

Grant agreement is a legal instrument of financial assistance between a Federal awarding agency or pass-through entity and a non-Federal entity. The Grant Agreementis a written document memorializing the terms and conditions of an Award granted pursuant to the Plan and shall incorporate the terms of the Plan.
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FAQ

The top revenue industries for West Virginia in 2022 were: Hospitals ? $11.1 billion. Coal Mining ? $7.4 billion. Gas Stations with Convenience Stores ? $6.1 billion.

Certain Nonprofit Organizations - Purchases by a corporation or organization which has a current registration certificate and which is exempt from federal income taxes under section § 501(c)(3) or (c)(4) of the Internal Revenue Code are exempt if the organization meets all of the requirements set forth in W. Va.

To start a West Virginia 501(c)(3) nonprofit organization, you'll need to first register a nonprofit corporation with the state of West Virginia, and then apply for tax exempt status under section 501(c)(3) with the Internal Revenue Service.

West Virginia has reciprocal agreements with Kentucky, Maryland, Ohio, Pennsylvania and Virginia. If you are a West Virginia resident working in one of these states, and your employer withheld the other state's income tax, you must file for a refund from that state.

Starting a nonprofit can be a lengthy process. Some of it depends on how quickly you can get organized, assemble a board of directors, incorporate your nonprofit, and prepare everything you need to apply for tax-exempt status. For most new nonprofits, this stage can take a few months.

File your nonprofit 501(c)(3) attachment with the Secretary of State, using form CD-3. If your nonprofit was incorporated in a state other than West Virginia, file an Application for Certificate of Authority with the Secretary of State, using form CF-1. File a Name Reservation with the Secretary of State on Form NR-1.

Non-profit charities get revenue from donations, grants, and memberships. They may also get revenue from selling branded products. A non-profit organization's expenses may include: Rent or mortgage payments.

West Virginia's combined state and local general revenues were $20.3 billion in FY 2021, or $11,353 per capita. National per capita general revenues were $12,277. West Virginia uses all major state and local taxes.

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West Virginia Grant Agreement - From Government Assoc.