To start a non-profit organization in Illinois, there are several legal requirements that must be fulfilled. The following are the steps required to form a non-profit in Illinois:
- Choose a name for the non-profit that is not currently in use or too similar to other names. You can check the availability of a name through the Illinois Secretary of State website.
- Prepare and file Articles of Incorporation with the Illinois Secretary of State. The Articles of Incorporation must include a statement that the organization is formed for a charitable or educational purpose, and must include the organization's name, purpose, registered agent, and initial board of directors.
- Obtain an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). This number is required for tax purposes and can be obtained through the IRS website.
- File for tax-exempt status with the IRS. This involves completing and submitting Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. The application must include the organization's financial information and details about its activities.
- Register with the Illinois Attorney General's Office. This registration is required for non-profits that solicit donations in the state of Illinois. The registration process includes submitting a Charitable Organization Annual Report and paying a registration fee.
- Obtain any necessary licenses and permits. Depending on the activities of the non-profit organization, it may need to obtain licenses or permits from state or local government agencies.
It is important to note that forming a non-profit organization can be complex and time-consuming. It is recommended that individuals seek the assistance of a qualified attorney familiar with non-profit law to ensure that all legal requirements are met. Additionally, non-profit organizations must comply with ongoing reporting and filing requirements to maintain their tax-exempt status.
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