Are you looking to set up a nonprofit organization in Maricopa County, Arizona? If so, you need to be aware of the legal requirements for forming a nonprofit organization. The first step is to name your organization and then prepare and submit the Articles of Incorporation. This document must meet both the state of Arizona and Internal Revenue Service (IRS) requirements. It should include the purpose of your organization, restrictions on activities, and the distribution of assets in the event of dissolution.
Once you have submitted your Articles of Incorporation, you must obtain an Employer Identification Number (EIN). This is a unique nine-digit number that identifies your organization for tax purposes. You can apply for an EIN online or by mail. The next step is to publish a notice of incorporation three times in a newspaper in Maricopa County.
This requirement does not apply if your business is located in Maricopa or Pima Counties. In this case, you can post your notice on the Arizona Business Commission website. Finally, you should visit the Arizona Commerce Authority or the following Arizona government publication for detailed information about business licenses in your state and county. Currently, there are approximately 29,043 successful nonprofit organizations in the state of Arizona. Although nonprofit organizations can raise funds or earn revenue, they must bring them back into the organization.
Don't hesitate to visit the Arizona Commerce Authority or the following Arizona government publication for detailed information about business licenses in your state and county. By following these steps, you can successfully form a nonprofit organization in Maricopa County, Arizona.