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Guidelines For Incorporating Your Non Profit In North Carolina - North Carolina
| Guidelines For Incorporating Your Non Profit In North Carolina Form. This is a North Carolina form and can be used in Nonprofit Corporation Secretary Of State . |
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OF THOF THEE OOFF NORTH CAROLINA DEPARTMENTNORTH CAROLINA DEPARTMENT SECRETARY SECRETARY STATSTATEE IncorporatinIncorporatingg Your Non-ProfiYour Non-Profitt in North Carolinin North Carolinaa Elaine F. Marshall Secretary of State CORPORATIONS DIVISIOCORPORATIONS DIVISIONN <<<<<<<<<********>>>>>>>>>>>>> 2................................................................................................<<<<<<<<<********>>>>>>>>>>>>> 3 . . . . . . . . . . . . A Message from . The Secretary of State of North Carolina . . . . . Non-profit corporations play an increasingly greater role in the lives of . . all North Carolina residents. Many necessary public services that might hav. e . been undertaken by local, county or state governments in past years or. . never undertaken at all are now provided by non-profit entities. Non-profi. tcorporations have become an important force in shaping public policy at all . . . levels of government in North Carolina on issues such as the environment, . business regulation and social services. . . . Non-profits have a long and very distinguished history in North Carolina. . . The N.C. Department of the Secretary of State recognizes how important . . non-profit corporations have been in communities throughout the state. As . . North Carolinas population continues to grow and urbanize, we expect to . see the number of non-profit corporations grow as well. North Carolinians. . prize good relations between neighbors. Non-profits provide a way for the. people of our state to keep that spirit of community alive and well in an era . . . when more and more North Carolinians are living in the states largest cities. . . This manual is designed to help guide you through the process of esta- b. . lishing a non-profit corporation and operating it within the legal guidelines. . established by North Carolinas General Statutes. We have also tried to pr- o. . vide answers to some of the most commonly-asked questions we receive . . from people trying to establish or operate a non-profit corporation. This ma- n . ual is not intended nor is it designed to replace legal counsel of your own. . choice when it comes to establishing and operating a non-profit corporation. . . If you have any question or concerns about the process of establishing and. . running a non-profit in accordance with state and federal laws, we encourage . you to talk them over with your own attorney and accountant. . . . Id like to welcome you to the flourishing world of non-profits in North. . Carolina. Our state and its people are enriched by your hard work and dev- .o . tion to helping your fellow citizens. The N.C. Department of the Secretary of . . State looks forward to working with your non-profit corporation for many . years to come. . . . Elaine F. Marshall . . NC Secretary of State . . . . . . . . . . . . . . . Incorporating Your Non-Profit in North Carolina . . . <<<<<<<<<********>>>>>>>>>>>>> 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Incorporating Your Non-Profit in North Carolina. . <<<<<<<<<********>>>>>>>>>>>>> 5 . . . . . . . . . . . . Table of Contents . . . . .Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. . Corporate Names . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.. . . Articles of Incorporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. . . Certificate of Authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.. . Directors, Members, Officers and Bylaw . . . . . . . . . . . . . . . . . . . . . . . . s 12. . . . Tax-Exempt Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.. . .Fundraising Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. . . Audit Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.. . . Frequently-Asked Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.. . Directory of State and Federal Agencie . . . . . . . . . . . . . . . . . . . . . . . . . s 26 .. . . Appendix: Non-Profit Forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29.. . Articles of Incorporation, Nonprofit Corporation . . . 501(c)(3) Supplement . . Statement of Change of Registered Office and/or Registered Agent . . . Nonprofit Corporations Statement of Change of Principal Office . . Articles of Amendment, Nonprofit Corporation . . Application for Certificate of Authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . This document was produced by the . . Publications Division of the North Carolina Department of the Secretary of State. . March 13th, 2000 . 3,000 copies of this document were printed for a total of $3,495.89 or $1.17 per copy . . . . Incorporating Your Non-Profit in North Carolina . . . <<<<<<<<<********>>>>>>>>>>>>> 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Incorporating Your Non-Profit in North Carolina. . <<<<<<<<<********>>>>>>>>>>>>> 7 . . . . . . . . . . . . Introduction . . . . . . Non-profit corporation means a corporation intended to have no . . income or intended to have income none of which is distributable to its me- m . . bers, directors, or officers... . . N.C. Gen. Stat. 55A-1-40(17) . . . . . . Non-profit corporations are distinguished from business corporations not . . by their organizational structure, nor by the process of management of the . organization, but by the purpose of such corporations. Unlike business corp- . o . rations, non-profit corporations are not organized to make profit or financia. l . gain for their owners. They may be formed under North Carolina law for any . . lawful purpose. These purposes include charitable, civic, community welfare, . . religious and scientific purposes. This list is not exclusive, however, since . many other types of corporations can be categorized as non-profit if they sa- . t . isfy the statutory requirements. A homeowners association would be one. . such example. The creation, operation and dissolution of non-profit corpor- a . . tions are governed by the provi
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