What are the legal requirements for starting a nonprofit organization in Ohio?
To start a nonprofit in Ohio, the following legal requirements need to be fulfilled:
- Choose a name for the nonprofit that is unique and distinguishable from any other registered entity in Ohio.
- Draft and file Articles of Incorporation with the Ohio Secretary of State's Office, which should include the name of the nonprofit, its purpose, and the names and addresses of its initial board members.
- Apply for a tax identification number (EIN) with the Internal Revenue Service (IRS).
- Draft and adopt bylaws that outline the nonprofit's governance structure, rules for meetings, and other operational procedures.
- Register with the Ohio Attorney General's Office and obtain a Charitable Solicitation License, which is required for nonprofits to solicit donations or conduct fundraising activities.
- Comply with all applicable state and federal tax laws, including filing annual tax returns with the IRS and any other tax filings required by the Ohio Department of Taxation.
- Ensure that the nonprofit maintains proper records and books of account, including financial statements and board meeting minutes, in compliance with state and federal laws.
Additionally, it is important to note that some types of nonprofit organizations may be subject to additional requirements, such as registration with regulatory agencies or compliance with specific laws and regulations. For example, if the nonprofit will be providing healthcare services, it may need to be licensed by the Ohio Department of Health.
It is advisable to consult with an attorney experienced in nonprofit law to ensure compliance with all applicable laws and regulations, and to address any specific concerns or issues that may arise during the process of starting a nonprofit.