North Carolina 501c3 Corporations: Tax Exempt Organizations Non Profit
North Carolina 501c3 Corporations
Individuals interested in forming a non profit organization like a North Carolina 501c3 Corporation within the state of North Carolina must carefully read and understand the statutes that qualify the organization for this status. This is particularly important to the agreement formed between the organization and the IRS.
Form a Non Profit Organization in North Carolina
Forming a non profit organization in North Carolina is a multi-step procedure that includes:
- Choosing a Business Name - The name you choose must be unique from any other North Carolina business name on file with the Secretary of State, and must end with the term “Corporation”, “Incorporation”, “Limited” or its abbreviation
- Appoint a Board of Directors - To establish the goals and fundraising strategies of the corporation
Incorporate your Tax Exempt Non Profit Organization
By preparing articles of incorporation and including the required information, such as the specific language of the IRS to obtain the tax-exempt status (Publication 556), the name of the corporation, its purpose, name and address of the initial incorporator(s), name and address of the registered agent. Submit articles of incorporation with the North Carolina Department of the Secretary of State Corporation Division and pay an initial filing fee of $60.
Other formation procedures to establishing your charitable organization in the state of North Carolina is applying for Employer ID Number (EIN), request 501(c) (3) tax-exempt status from the IRS and register with the State's Office.
