Follow this advice to maintain your Nevada 501(c)(3) Nonprofit Public Charity in good standing.
In order to keep a 501(c)(3) nonprofit company in Nevada, you must:
Nevada Department of Taxation, 1550 College Parkway, Suite 115, Carson City, Nevada 89706-7921.
A. Federal Annual Returns
The IRS requires most tax-exempt charitable organisations to submit an annual return (Check the IRS website for a list of exceptions).
An organization’s yearly gross receipts dictate which form should be utilised to submit the annual federal return.
The IRS defines ‘gross receipt’ as “the total sums the organisation received from all sources throughout its yearly accounting period, before deducting any expenditures or expenses.”
B. Unrelated Business Profits
If an organisation earns more than $1,000 from a trade or company that is unrelated to the organization’s declared purpose, it must submit Form 990-T to pay taxes on that revenue.
If your organisation anticipates to pay $500 or more in unrelated business income taxes for the year, you must pay a quarterly estimated tax on the unrelated business income using Form 990-W.
Any incorporated nonprofit must have a registered agent with a Nevada office address. If you change your registered agent or their office location, you must submit a Statement of Change of Registered Agent with the Secretary of State so that your Articles of Incorporation may be revised.
Your company may be terminated if you fail to inform the Secretary of State of this change.
Every year, nonprofits must submit a list of its officers and directors to the Nevada Secretary of State by the last day of their incorporation anniversary month.
Failure to submit the required reports may result in the termination of your company.
The vast majority of Nevada organisations will be free from the need of acquiring a regular business licence. Nonprofits seeking exemption must file a Declaration of Eligibility for State Business License Exemption with the Nevada Secretary of State.
EXEMPTION FROM STATE BUSINESS LICENSE 202 North Carson Street Carson City, Nevada 89701-4201
(775) 684-5708 for further information; www.nvsos.gov
If your nonprofit intends to hold charity games or lotteries of any type, you should check the material given by the Nevada Gaming Commission to discover which licences your organisation need.
Before participating in solicitation operations, charitable Nevada charities must file a Charitable Solicitation Registration Statement with the Nevada Secretary of State. This registration must be renewed by your organisation each year.
If your organisation intends to hire people, you must register with the Nevada Employment Security Division.
Registration is simple and may be done online. You may also find contact information on the Employment Security Division’s website.
To comply with federal requirements governing 501(c)(3) organisations, you must make the following papers available to any member of the public who wants them:
Your company is NOT required to share the following papers or information with the general public:
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