What are the steps to forming a Non-profit Corporation?

What are the steps to forming a Non-profit Corporation?

Apply for exempt status under IRS code section 501(c)(3) by completing Form 1023 and submitting the application along with the appropriate fee.

Be sure that you have the following items:

·         Articles of Incorporation.

·         Corporate Bylaws.

·         EIN (Employer ID).

·         Determine state non-profit registration requirements.

·         Determine qualifying purpose for the organization.

·         Complete a narrative description of actual and planned activities.

·         Detailed financial information, including compensation arrangements with officers, directors, trustees, employees, and independent contractors.