What are the steps to start a non-profit organization in New Hampshire?

What is the purpose of a non-profit organization?

A non-profit organization is a type of organization that is formed to serve a public or charitable purpose, rather than to generate profits for its owners. They are typically exempt from federal income tax and may also be exempt from state and local taxes.

How do I choose a name for my non-profit organization?

Your non-profit's name must be unique and not already in use by another organization in New Hampshire. You can search for available names using the New Hampshire Secretary of State's online database.

What are the steps to file articles of incorporation?

You'll need to file articles of incorporation with the New Hampshire Secretary of State's office. This document will outline the purpose of your organization, the names and addresses of your initial directors, and other important information.

How do I obtain tax-exempt status?

To be exempt from federal income tax, you'll need to apply for 501(c)(3) status from the Internal Revenue Service (IRS). This process typically takes several months to complete.

What are the steps to register with the New Hampshire Secretary of State's office?

Once you've obtained tax-exempt status, you'll need to register with the New Hampshire Secretary of State's office as a non-profit corporation.

How do I obtain a federal employer identification number (EIN)?

You'll need to obtain an EIN from the IRS to use for tax purposes.

What is a business plan and why is it important?

A business plan will help you outline your organization's goals, strategies, and financial projections. It is an important document that will help you plan for your organization's future and ensure that you are making informed decisions.

What is a board of directors and why is it important?

Your non-profit will need a board of directors to oversee its operations and make important decisions. The board of directors is responsible for setting the organization's direction and ensuring that it is operating in accordance with its mission and goals.

How do I develop a budget for my non-profit organization?

A budget will help you plan for your organization's financial needs and ensure that you have sufficient funds to operate. It is an important document that will help you make informed decisions about how to allocate your resources.

What is liability insurance and why is it important?

You'll need to obtain liability insurance to protect your organization and its directors from potential lawsuits. This insurance will help you protect your organization's assets and ensure that you are able to continue operating in the event of a lawsuit.

What are the steps to comply with state and federal regulations?

As a non-profit, you'll need to comply with various state and federal regulations, including those related to fundraising, accounting, and tax compliance. It is important to ensure that you are in compliance with these regulations to avoid any potential legal or financial consequences.

What are the additional resources available to help me start a non-profit organization in New Hampshire?

There are several additional resources available to help you start a non-profit organization in New Hampshire, including the IRS's website, the New Hampshire Secretary of State's office, and Rocket Lawyer's website. These resources can provide you with valuable information and guidance to help you navigate the process of starting a non-profit organization.

What are the steps to start a non-profit organization in New Hampshire?

Starting a non-profit organization in New Hampshire requires following specific steps, including registering with the state, obtaining tax-exempt status, and developing a business plan. By following these steps, you can successfully start a non-profit organization in New Hampshire and make a positive impact in your community.