Louisiana 501c3 Corporations: Tax Exempt Organizations Non Profit

Louisiana Non Profit Incorporation

Incorporating your non profit organization within the State of Louisiana will qualify your business for protection and certain statutory benefits provided by the state. These key benefits range from special mailing rates to possible property tax exemptions.

Form a Non Profit Organization in Louisiana

Forming a non profit organization in Louisiana will require filing articles of incorporation with the Secretary of State. The articles of incorporation must contain certain information about the non profit entity including:

• The proposed business name
• Its purpose
• Names and addresses of each Director
• The name and physical address of the initial registered agent

Non Profit Tax Exempt Incorporation like 501c3 Corporations

Applying for a tax-exempt status in the State of Louisiana will require filing your application under 501 (c) (3) with the Internal Revenue Service (IRS). Filing for tax-exempt status under Louisiana law will require including additional information in the articles of incorporation. Some of the major benefits of filing for tax-exempt status include:

• Receiving tax exemptions from federal, state and local taxes
• Personal Asset Protection for directors, officers and members from being held liable for the corporation's debts and other business-related obligations
• Potential property tax savings
• Grant eligibility allows the corporation to obtain funds from government agencies and private entities
• Perpetual existence allows the corporation to exist indefinitely even if a director dies or leave the company
• Tax exempt-status also extends to donors of the corporation and allows them to file for tax deductions

For more information

• Non profit overview
• Is a 501c3 right for you?