Starting a nonprofit

[txhorns 2413]

Anyone have experience with starting a nonprofit organization?  I'm involved with a great looking into starting a nonprofit to help rebuild my town's downtown area.  Does anyone know what I would need to do in order to make the nonprofit legal?  How do I get it setup?  Any help would be much appreciated.

[deadshank 24653]

Get married

[luke duke 6414]

Start a BBQ food truck

[kmac30 416]

How big is your town? Can you try to get $ from any of the Main Street programs out there?

[4th&Five 41600]

I should start calling my company a non-profit.  It would definitely make me feel better about things...

[txhorns 2413]

9 minutes ago, kmac30 said:

How big is your town? Can you try to get $ from any of the Main Street programs out there?

About 10,000.  We would be looking at programs like Main Street for grants as well as donations for local businesses and citizens.

[Handcruser 2805]

Ive done this. Recently. Not hard.

PM me if you want to chat.

Sent from my SM-G973U using Tapatalk

[dcbc 14530]

Plenty of forms on the SoS website for setting up nonprofit corporations.  When I ran our local water ski club, I took the lawsuit waiting to happen structure and set it up as a nonprofit corporation.  My wife set up an nonprofit corporation arts alliance for our kids' elementary school.  Just paperwork, bank accounts, annual meetings, reports, and tax returns until you apply and receive tax free status on the federal level.  There's probably a few other things I have forgotten, but it's pretty easy.   

[Handcruser 2805]

I’ll get to your pm tomorrow. Been busy man.


Sent from my iPhone using Tapatalk Pro

[Jerry Callo 8734]

1.  file something with the secretary of state

2.   file something with IRS for tax exemption

3.  . . . .

4.   no profit!

[msbesq 387]

Depending on how much money you'll raise or expect to raise in the first three years will be the difference between a 1023-EZ or a full blown 1023. Don't forget to go back to the state after you get your 501(c)(3) letter to get exemption from franchise taxes.