INITIAL FILING REQUIREMENTS TO BECOME AN IOWA NONPROFIT

  1. HOW TO INCORPORATE IN IOWA STATE:
    • File the Articles of Incorporation.
    • Send it to: Secretary of State Business Services, 1st Fl., Lucas Building 321 E. 12th Street Des Moines, IA 50319
    • The filing fee is $20
    • For more information, go to the website: sos.state.ia.us/business/nonprofits or call: (515) 281-5204
  2.  HOW TO OBTAIN 501(c) (3) TAX-EXEMPT STATUS:
    • Form 1023 must be submitted to: Internal Revenue Service P.O. Box 12192 Covington, KY 41012-0192
    • Filing fee is $850 ($275 for 1023-EZ Form, as of July 1st, 2016)
    • For further information go to: www.irs.gov/charities or call: (800) 829–3676 (Form related questions) (800) 829–1040 (general information)
  3. HOW TO OBTAIN IOWA STATE’S INCOME TAX EXEMPTION:
    • Federally exempt 501(c) (3) organizations are automatically exempt from corporate income taxes too.
  4. HOW TO OBTAIN IOWA STATE’S SALES TAX EXEMPTION:
    • Generally, nonprofit organizations in Iowa are not exempt from sales taxes. There are exceptions, though. For more information on the subject and to see if your organization is eligible for exemption, refer to the Iowa Department of Revenue’s publication: www.state.ia.us/tax/educate/78595.html

ANNUAL FILING REQUIREMENTS TO BECOME AN IOWA NONPROFIT

  1. INTERNAL REVENUE SERVICE:
    • File the Annual Return Form 990
      1. Note that the due date is 4 and a half months after the end of fiscal year.
    •  Send it to: Internal Revenue Service 1160W 12th Street Ogden, UT 842201
    • There is no filing fee.
    • For more information, go to the website: irs.gov/charities or call (800) 829-3676 (Form related questions) (800) 829-1040 (general information)
    • For Public Charities: Please go to the IRS website to determine which of the three forms to file: Form 990, Form 990-EZ, or Form 990-N.
    • For Private Foundations: You are required to submit the Form 990-PF.
  2. IOWA STATE’S SECRETARY OF STATE:
    • File the Biennial Report
      1. Note that the due date is between January 2st and April 1st of each odd-numbered calendar year. The Secretary of State should mail to the organizations the required Biennial Report Form.
    •  Send it to: Secretary of State Business Services, 1st. Fl., Lucas Building 321 E. 12th Street Des Moines, IA 50319
    • There is no filing fee.
    • For more information, go to the website: sos.state.ia.us/business/nonprofits/index.html or call: (515) 281-5204