The first step in forming a 501(c)(3) charity in Alabama is to file your Certificate of Formation. This article will lead you through the nine steps necessary to submit a Domestic Nonprofit Organization Certificate of Formation in Alabama in order to formally create a nonprofit corporation.
A Domestic Nonprofit Corporation Certificate of Formation is required to form a domestic nonprofit corporation in Alabama. This tutorial will walk you through each step of completing this paperwork and getting started on the path to founding an Alabama charity.
The first step in completing an Alabama Certificate of Formation is to write your organization’s name on line one and attach a copy of your name reservation. If you haven’t yet decided on a name for your charity, these are the prerequisites for naming a nonprofit in Alabama:
You may register for a trademark for your organisation after you have confirmed that no one else has previously trademarked your selected name.
On line four, provide the organization’s main office address as well as the postal address, if it differs from the main office address.
In the state of Alabama, a registered agent is necessary to submit a Certificate of Formation. Lines 5 and 6 of your Certificate of Formation should be filled out with the name and address of your registered agent.
While verification of permission from your registered agent is not necessary with this file, you must provide their name and address.
On line seven, explain why you established your nonprofit company. This is one of the most significant parts of this document since your federal tax exemption is dependent on your organization’s purpose being in accordance with Internal Revenue Service (IRS) criteria.
To be eligible for 501(c)(3) status, your organization’s purpose must include one or more of the following characteristics:
Most nonprofit organisations are not created with a certain time frame in mind. However, if your organisation has a defined termination date, you should submit an attachment outlining it with your formation documentation.
The incorporator’s name(s) and address(es) must be included on the ninth line of this form (s). An incorporator is whomever submits the Certificate of Formation, which might be a member of the organisation, a lawyer, or another designated person. If your nonprofit company has more than one incorporator, name them on a separate, connected document.
On your Certificate of Formation, the state of Alabama requires you to identify at least three board directors. If you want to list more than three, you must include that information on a separate page. Follow these guidelines while creating your nonprofit’s inaugural board of directors:
You must incorporate certain extra declarations in your Articles of Incorporation to qualify for 501(c)(3) status. These pertain to the board of directors of your organisation and the allocation of assets following dissolution.
You must submit your formation paperwork with the Secretary of State after you have completed them. The original and two copies of the Domestic Nonprofit Corporation Certificate of Formation, as well as the Certificate of Name Reservation, must be included.
Please keep in mind that the signatures on your Certificate of Formation constitute both legal permission to the filing of your formation document and the agreement and knowledge of the specified registered agent.