Utah 501c3 Corporations: Tax Exempt Organizations Non Profit

Utah Non Profit Incorporation

Incorporating your non profit corporation in Utah is an important legal procedure that can bring about many potential tax and financial advantages once formed in compliance with Utah Statutes.

Forming a Non Profit Organization in Utah

The first step to forming a non profit organization in the state of Utah is choosing a name. Once the proposed name meets the approval of the Utah Division of Corporations, you begin the process of preparing, signing and filing articles of incorporation with the Secretary of State and paying an initial filing fee of $22.

 The articles of incorporation must contain certain information including the approved name of the corporation, its purpose, stating whether the corporation will have directors, the name and address of the initial incorporator(s) and the name and street address of the registered agent. This state-specific document must also include the specific language of the IRS in order to obtain the full benefits of the tax-exempt status.

Advantages of the Tax Exempt Status for 501c3 Corporations

Non profits who qualify for the IRS 501(c) (3) Corporations or tax-exempt status enjoy certain benefits and privileges including:

• Limited liability protection for each member and/or directors
• Potential incentives for contributors
• Potential property tax exemption
• Exemption from paying federal and state income taxes
• Perpetual existence
• Permission to obtain funding from public and private entities
• Possible special mailing rates

For more information

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