TAX EXEMPTION PACKAGE
We’ve set up this package option for clients who had already completed their By-laws, filed their Articles of Incorporation and simply require assistance with the state and federal applications for tax exemption. Our Tax Exemption package includes:
- Preparing IRS Form 1023 Exemption Application
- Preparing State Exemption Application and Registration
- Review of your Articles of Incorporation, Executed Bylaws
- Preparation of a Conflict of Interest Policy that will help you obtain 501c3 status
- A free Toolkit and Reference Guide on How to Maintain your Corporate and Tax Exempt Status
1. Representatives from your organization will work with our staff to…
- Write a Statement of Purpose
- Prepare a Description of your Program Activities
- Create a Strategic Fundraising Plan
- Determine Structural Issues for the Board of Directors
- Create a 3-year Budget
- Provide Guidance on the Operational Responsibilities of a NP Corporation
- Obtaining an Employer Identification Number, if not yet obtained
2. Our firm will review your organization’s formation documents to ensure they meet IRS and state requirements. This review includes…
- Articles of Incorporation
- Bylaws
3. Then we will review and/or prepare your Organization’s…
- Conflict of Interest Policy, if not yet adopted
- Minutes of the First Meeting of the Board of Directors
- IRS 1023 Exemption Application
- State Exemption Application and/or Registration
4. We will also provide you organization with…
- Written Instructions on bank accounts, employee withholding and other corporate procedures, ongoing compliance for your nonprofit
- A free Toolkit and Reference Guide on How to Maintain your Corporate and Tax Exempt Status
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