(Art Credit: Sisi Recht)
Let's cut to the chase, you are interested in forming a Not-For-Profit organization in New York State and you're not sure where to begin. Here is your basic checklist with additional resources.
- Draft a business plan.
- Draft and file the Certificate of Incorporation with the New York Department of State (Fee: $75.00 +$25.00 for expedited handling).
- Draft and adopt the bylaws (and applicable policies related to conflicts of interest, records retention and destruction, whistleblowers, and investments). Here are sample bylaws to give you a sense of what they entail; consult an attorney for up-to-date information and guidance specific to your needs.
- Draft and submit an application for an Employer Identification Number.
- Draft and submit an application for tax-exempt status with the IRS (Fee: $275.00 for form 1023-EZ).
- Draft and submit registration with the New York State Attorney General.
- Draft and submit applications for tax-exempt status with the New York State Department of Taxation and Finance (sales tax exemption) and, if appropriate, the New York City Department of Finance (property tax exemption).
Additional Resources:
Disclaimer
The information in this guide is not legal advice and is not intended to be relied upon as legal advice. The guide highlights some essential steps; it does not cover all the related laws and regulations. The guide was last updated on May 5, 2022, and some of the information may have since changed. If you have a legal issue, you should not rely on this information and instead speak to an attorney.
from Freelancers Union Blog https://blog.freelancersunion.org/2022/05/19/untitled-2/
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