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Springfield office: Corporations Division. 501 S. Second St., 3rd Fl. Springfield, IL 62756. 217-782-6961. Mon.–Fri. 8 a.m.–4:30 p.m. Chicago office: 69 W. Washington St., Ste. 1240.
- Guide for Organizing Not-for-Profit Corporations
If your corporation receives a federal tax exemption, it is...
- Not For Profit Corporations - Illinois Secretary of State
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- Guide for Organizing Not-for-Profit Corporations
- Select A Name For Your Organization
- Nominate An Illinois Registered Agent
- Recruit Your Board Members
- Consent to Bylaws and Conflict of Interest Policy
- Select An Illinois Nonprofit Startup Corporation Structure
- Prepare and File Nonprofit Articles of Incorporation
- Secure An Ein
- Apply For Federal Tax Exemption
- Apply For Illinois State Tax Exemption
- Other Applicable Permits and Licenses
Your nonprofit’s name is also its brand and must meet Illinois state requirements. The organization name also needs to be completely different from any business or entity operating in the state of Illinois . It, therefore, cannot contain words that denote established political parties, such as “Democrats,” “Republican,” or “Democratic.” Additionall...
A registered agent is an individual who is a designated point of contact for the Illinois nonprofit. This individual will be responsible for receiving official mail, legal documents, and notices on behalf of the nonprofit. Anyone within your nonprofit organization, including yourself, may be nominated as a registered agent; however, the individual ...
When choosing directors and officers for your nonprofit, you need to know Internal Revenue Service and residency requirements. Directors are the governing body, cabinet, or management of your nonprofit, and the officer is responsible for keeping the minutes of the organizational meetings held between directors and members. Directors in Illinois nee...
In order to complete your Illinois nonprofit organization’s application, recognition of exemption under section 501(c)(3) of the internal revenue code is required. The application form needed to start the process is Form 1023. Two documents are required for a successful outcome: 1. The first document is a bylaws document that acts as the nonprofit ...
There are four corporate structures for nonprofits in Illinois as follows: 1. Public benefit corporations:These nonprofits are created for charity purposes, act as a social welfare organization or civic league. 2. Religious corporations:These nonprofits are solely for religious purposes, such as a church. 3. Mutual benefit corporations:These nonpro...
Your nonprofit articles of incorporation earmark the creation of your organization. It documents when and where the organization was developed and captures pertinent information to verify the nonprofit’s existence. Complete Form NFP 102.10 to file your Articles of Incorporation with the state That said, the IRS will look for a few introductory prov...
An Employer Identification Number is also referred to as a Federal Tax Identification Number or Federal Employer Identification Number. It is a nine-digit number assigned by the IRS to identify your nonprofit or business entity. You can think of it as a social security number for your nonprofit. While many people believe that only nonprofits who pl...
While the process of applying for 501(c)(3) tax exemption may seem daunting, to say the least, the advantages that come along with obtaining tax exemption are numerous.
When filing for tax-exempt status, the laws vary from state to state. As per Illinois law, nonprofit corporations or Division of Corporations are automatically exempt from Illinois corporate income tax. The only exception here is if your organization has “unrelated business or trade income.” As a resident of the state, your Illinois nonprofit corpo...
If you plan to get involved in fundraising for your Illinois nonprofit, you need to register for charitable solicitation. The process for applying for charitable solicitation is as follows: 1. Complete Form C0-1 with the Illinois Attorney General’s office – Charitable Trust Bureau 2. Submit a list of the organization’s directors and officers 3. Att...
Filing and Reporting Requirements for Charitable Organizations. The following forms should be used when registering a charity or professional fund-raising organization with the Illinois Attorney General's Office or when filing annual reports as required by Illinois law.
Step 1: Name Your Illinois Nonprofit. Step 2: Choose Your Registered Agent. Step 3: Select Your Board Members & Officers. Step 4: Adopt Bylaws & Conflict of Interest Policy. Step 5: File the Articles of Incorporation. Step 6: Get an EIN. Step 7: Apply for 501c3. Recommended: Start your nonprofit with Northwest for just $29 + state fees.
While many do not require business licenses or other filings by nonprofits, some do. We highly recommend that all organizations contact their County Clerk’s office to inquire as to any necessary filings.
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