When it comes to learning how to start a nonprofit Minnesota organizations should make their first step a call to a specialized nonprofit attorney. Yes, you can handle much of the process on your own, but the process is complex and with a variety of limitations. You need legal guidance. This ensures that you not only set up your organization in the best possible way but also that you minimize the risks to it later by avoiding common mistakes.
Three Steps to Get Started
There are three main steps to take and understand if you want to learn how to start a nonprofit Minnesota recognizes. The first step to this process is to become legally incorporated. This is done through the Secretary of the State’s office. To achieve this, you need to create an Articles of Incorporation and Bylaws that address your organization’s goals.
From there, you need to obtain income tax exemption. This process is done on the federal level through the IRS. You are asking the IRS to grant your organization tax exemption. The final step involves gaining sales tax exemption on the state level. This is done through the State of Minnesota’s Revenue Department. In both of these cases, you’ll need to have your documents of incorporation to showcase your nonprofit’s actions.
You can learn how to start a nonprofit Minnesota recognized organization rather quickly. However, pulling all of the pieces together to make this happen, can take a bit of work. With the help of an experienced nonprofit attorney, you can minimize risks to you, and you can ensure that you are taking every step possible to minimize risk to the establishment or long-term operation of your organization. Take the time to find out how to get started on the process.