It can be difficult and time-consuming to launch a nonprofit organization in Arizona. However, you can successfully launch your nonprofit with careful planning and attention to detail. The procedures to form a nonprofit organization in Arizona are as follows:
2. Submit Articles of Incorporation: You must submit articles of incorporation to the Arizona Corporation Commission (ACC) in order to formally establish your nonprofit. The ACC offers a sample form to help you through the process, and there is a filing cost.
3. Create a draft of your bylaws. Your nonprofit is governed by its bylaws. They should outline the organization’s governance structure, the responsibilities of the board and officials, and the decision-making process.
4. Obtain Tax-Exempt Status: You must submit Form 1023 or 1023-EZ to the Internal Revenue Service (IRS) in order to be granted tax-exempt status. The operations, finances, and governance of your firm must be described in great detail. There is a filing cost, and the IRS may take several months to examine your application. What Happens in Arizona If You Don’t Publish Your LLC?
Your LLC won’t be able to lawfully conduct business in Arizona if you don’t publish it there. According to Arizona law, LLCs must post a notice of creation in the county where the LLC is located. Three weeks must pass after the notification is published. How Can I Get a Copy of My Arizona Articles of Incorporation?
You can request a copy of your articles of incorporation from the Arizona Corporation Commission (ACC) in person or by mail. You must supply the name of your organization and the day it was incorporated, and there is a cost for copies. How Can Publication Help You in Arizona?
When it is impossible to find the person or company you are trying to serve, you can serve legal documents by publishing. In Arizona, you can serve someone by publication by announcing their presence in a newspaper in the county where they are allegedly situated. The notification shall be published for a period of four weeks. I want to open a bank account, but do I need an operating agreement?
An operating agreement is not always required in order to obtain a bank account for your nonprofit business. However, having an operating agreement can explain the obligations of the board and officers, which is useful when handling money-related issues. Additionally, before opening an account for your group, certain banks can request an operating agreement.