~~NOCACHE~~ //This page last changed ~~LASTMOD~~ visits: {{counter|today| time| times}} today, {{counter|yesterday| time| times}} yesterday, and {{counter|total| time total so far| total times}} since it was created on 06aug2024// =====Info about making a club, etc into a nonprofit===== ====from 1995==== {{steps_to_become_a_nonprofit.jpg?nolink&600|}} Thanks for this, Arnie. ====From ChatGPT 8/9/2024==== Creating a club as a nonprofit organization involves several steps, including legal and administrative procedures. Here's a general guide to help you get started: - **Define Your Mission and Purpose** * Clearly articulate the mission and purpose of your club. This will be the foundation of your nonprofit and guide all future decisions. - **Choose a Name** * Select a unique and appropriate name for your nonprofit that reflects your mission. Check with your state's business registration office to ensure the name is available. - **Form an Organizing Committee** * Assemble a group of individuals who will help establish and govern the nonprofit. This typically includes a board of directors. - **Draft Bylaws** * Write bylaws that outline how your organization will be governed. Bylaws typically include details about board structure, membership, meetings, and voting procedures. - **Incorporate Your Nonprofit** * File Articles of Incorporation with your state's Secretary of State or other appropriate office. This legal document officially creates your nonprofit corporation. * Pay the required filing fee. - **Obtain an Employer Identification Number (EIN)** * Apply for an EIN from the IRS. This number is used for tax reporting and other official purposes. - **Apply for Federal Tax-Exempt Status** * Complete IRS Form 1023 or Form 1023-EZ (for smaller nonprofits) to apply for recognition as a 501(c)(3) tax-exempt organization. This process can be complex, so you might consider consulting with a tax professional or attorney. - **Apply for State Tax Exemptions** * Depending on your state, you may also need to apply for state tax-exempt status. - **Register for Charitable Solicitation** * If your nonprofit will be soliciting donations, check if you need to register with your state’s charitable solicitation office. - **Establish a Bank Account** * Open a bank account in the nonprofit’s name. You’ll need your EIN and a copy of your Articles of Incorporation to do this. - **Develop a Fundraising Plan** * Create a strategy for raising funds to support your mission. This may include grant writing, events, and donor outreach. - **Maintain Compliance** * Keep accurate records, file annual reports with the state, and submit Form 990 (or 990-EZ/990-N) to the IRS each year to maintain your tax-exempt status. - **Build an Online Presence** * Create a website and social media profiles to raise awareness about your nonprofit and attract supporters. - **Launch and Operate** * Once everything is in place, officially launch your nonprofit activities. Continue to engage your community, grow your membership, and fulfill your mission. ===Additional Tips:=== * **Consult an Attorney or Accountant:** Especially for the tax-exempt status application, it’s wise to get professional help. * **Stay Informed:** Nonprofit laws and requirements can vary by state, so make sure you’re aware of the rules in your jurisdiction.