To start a non-profit organization in Illinois, the following requirements must be met:
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Choose a name for your organization: The name must not be identical or too similar to any existing non-profit organization in Illinois. Illinois Secretary of State website has a database where you can check if the name is available.
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Select Board of Directors: You need at least three individuals who will serve on the board of directors. These individuals should be above the age of eighteen, and should not have any legal restrictions on them.
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Draft articles of incorporation: The articles of incorporation acts as the formation document for the non-profit organization. It should include the name of the organization, the purpose of the organization, the members of the board of directors and their positions, the registered agent's name and address, and the organization's dissolution policy.
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File Articles of Incorporation: Submit the articles of incorporation to the Illinois Secretary of State. You must pay the appropriate filing fee.
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Obtain an EIN: Apply for an Employer Identification Number (EIN) from the Internal Revenue Service.
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Register with State Agencies: Register with state agencies if required by law. For example, if the organization intends to solicit donations, it should register with the Attorney General's office.
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Apply for Tax Exempt Status: Apply for tax-exempt status with the Internal Revenue Service. This typically involves filing form 1023, along with the required documentation and fees.
It is essential to follow all state and federal requirements to ensure that the non-profit organization is legally recognized and can operate successfully. If you have any concerns or questions, it is best to consult with a licensed attorney who has experience with non-profit law in Illinois.
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