The first step in forming a 501(c)(3) charity in Montana is to file your Articles of Incorporation. This article will help you through the seven procedures necessary to submit the Articles of Incorporation in Montana and formally create a nonprofit.
To form a domestic nonprofit company in Montana, you must use the ePass Montana site to submit the Articles of Incorporation. This tutorial will walk you through each step of completing this online paperwork and getting started on the path to founding a Montana charity.
Step 1: Enter the Name of Your Nonprofit
Step 2: Select a Registered Agent
Step 6: Outline Asset Distribution Upon Dissolution
Step 7: File Formation Documents
The first step in completing the Montana Articles of Incorporation is to specify the name of your nonprofit company. If you haven’t yet decided on a name for your organisation, below are the prerequisites for naming a nonprofit in Montana:
You may register for a trademark for your organisation after you have confirmed that no one else has previously trademarked your selected name.
In Montana, the Articles of Incorporation must be filed with a registered agent. This position may be filled by either a person or a corporation having a physical address in Montana. 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.
This section’s requirements include:
Any individual who takes part in the completion and filing of the Articles of Incorporation is considered an incorporator. In this part, provide the name and postal address of each incorporator.
Then, form your first board of directors. Your nonprofit company must have at least three directors to qualify for 501(c)(3) status.
Follow these guidelines while creating your nonprofit’s inaugural board of directors:
Describe the mission of your organisation in this area. For your organisation to be qualified for 501(c)(3) status, it must have one or more of the following characteristics:
Describe how the assets of your nonprofit company will be divided if it is dissolved.
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.
Montana Articles of Incorporation may only be filed online.