Skip to main content

What is a 503c and do you need it to start a non-profit?

What is a 503c non-profit organization?

Section 501(c)(3) is the portion of the US Internal Revenue Code that allows for federal tax exemption of nonprofit organizations, specifically those that are considered public charities, private foundations or private operating foundations.
Follow these steps to form you're own nonprofit 501(c)(3) corporation.
  1. Choose a name. ...
  2. File articles of incorporation. ...
  3. Apply for your IRS tax exemption. ...
  4. Apply for a state tax exemption. ...
  5. Draft bylaws. ...
  6. Appoint directors. ...
  7. Hold a meeting of the board. ...
  8. Obtain licenses and permits.

Comments

Post a Comment

Most Popular

How to Start A Non-Profit

Follow these steps to form your own nonprofit 501(c)(3) corporation. Choose a name. ... File articles of incorporation. ... Apply for your IRS tax exemption. ... Apply for a state tax exemption. ... Draft bylaws. ... Appoint directors. ... Hold a meeting of the board. ... Obtain licenses and permits.
Post a Comment
Read more

Meet Redeemer Lutheran Church of North Minneapolis

Redeemer Luther church | North Minneapolis, MN About Redeemer Lutheran Church  Redeemer Lutheran Church’s 100-year story continues to unfold as our diverse community worships and serves together reflecting the kingdom of God on earth. Our congregation’s deep impulse is toward a dynamic, impactful ministry through the development of authentic, transformational relationships and open doors with the surrounding community. As a “beacon of hope” in the Harrison neighborhood, we worship and pray together, study the Bible, and provide a variety of activities and opportunities for ministry including an all-ages choir, hip-hop dance, sewing, Sunday school, quilting, youth group, and more. As an extension of its ministry and with help and involvement from our suburban partner congregations, Redeemer formed the  Redeemer Center for Life  in 1998 as a 501(c)(3) non-profit organization. A member of the North Minneapolis Harrison Neighborhood since 1909, Redeemer Lutheran Churc
Post a Comment
Read more