The first step in forming a 501(c)(3) charity in Kentucky is to file your Articles of Incorporation. This article will help you through the 11 steps necessary to submit the Articles of Incorporation in Kentucky and formally create a nonprofit.
In Kentucky, you must submit the Articles of Incorporation – Nonprofit Company to form a domestic nonprofit corporation. This tutorial covers every step you need to take to properly complete this paperwork and get started on the path to founding a Kentucky charity.
Step 1: List the Name of Your Nonprofit
Step 2: Describe the Purpose of Your Nonprofit
The first step in completing the Kentucky Articles of Incorporation is to specify the name of your organisation. If you haven’t yet decided on a name for your organisation, below are the prerequisites for naming a nonprofit in Kentucky:
You may register for a trademark for your organisation after you have confirmed that no one else has previously trademarked your selected name.
Describe the mission of your organisation in article two. For your organisation to be qualified for 501(c)(3) status, it must have one or more of the following characteristics:
In Kentucky, the Articles of Incorporation must be filed with a registered agent. An person, a domestic corporation, a domestic non-corporation, a domestic limited liability company (LLC), a foreign corporation, a foreign non-corporation, or a foreign LLC allowed to do business in Kentucky may serve this job.
A registered agent’s duties include receiving and sending service of process paperwork for the company as well as acting as the entity’s point of contact. Your company cannot act as its own registered agent.
This section’s requirements include:
Provide the postal address for your nonprofit’s main office in article four.
Name your board of directors and offer a postal address for each in article five. You must include at least three directors in order to finish this paperwork and qualify for 501(c)(3) status.
Follow these guidelines while creating your nonprofit’s inaugural board of directors:
Any individual who takes part in the completion and filing of the Articles of Incorporation is considered an incorporator. In article six, include the names and addresses of each of your nonprofit’s incorporators, using an attachment if necessary.
Unless you specify a different effective date in article seven, your Articles of Incorporation will go into effect when you submit the paper. The date you provide here must be earlier than the day you submit this formation document.
List the county in which your nonprofit company will operate in this box.
From the choices offered, check the item that best defines your charity.
You must incorporate certain extra declarations in your Articles of Incorporation to qualify for 501(c)(3) status. Because the Kentucky formation document lacks a section on asset distribution upon dissolution, add an attachment to indicate how the assets of your nonprofit company will be allocated following dissolution.
Dissolution assets must only be distributed for authorised, tax-exempt uses. Refer to the sixth section of the Internal Revenue Service’s (IRS’) proposed wording for corporations and organisations for further information on the requirements of dissolution and 501(c)(3) status.
Please reject this form and instead submit a written, executed copy of your Articles of Incorporation in accordance with KRS 271B if this form does not conform with the Articles of Incorporation you desire to file (i.e., you want to incorporate extra articles, signatures, etc.).
You may submit your Kentucky Articles of Incorporation online, via mail, or in person.