How to Start a Nonprofit in Minnesota
To get started with your nonprofit corporation in Minnesota, you’ll need your articles of incorporation and $115 in initial fees. In order to file your articles of incorporation, you will need the following:
- At least three directors who are over the age of 18 and considered individual persons, not corporations
- A registered agent (individual or corporation) that agrees to accept documents on the corporation’s behalf in the event of a lawsuit, with a non-P.O. box address in Minnesota.
- A name and street address for your nonprofit corporation’s registered office in Minnesota and its registered agent.
- The name and mailing address of your incorporator.
- Bylaws that are in compliance with state laws, as approved by your board of directors in an organizational meeting.
- A federal employer identification number (EIN).
Obtaining Your 501(c)(3) Status in Minnesota
One key step in setting up your Minnesota nonprofit is to complete and file your IRS Form 1023, and be sure to include the following information on your articles of incorporation:
- A written statement that says, “This Corporation shall be a nonprofit corporation.”
- Another statement indicates that the corporation will not any capital stock.
- A statement of purpose that meets IRS requirements.
- Statements that the corporation will not engage in unrelated activities in regards to its exempt status and that your nonprofit will not engage in prohibited political or legislative activity.
- A dissolution provision detailing distribution of your organization’s assets in the event of you dissolving your corporation, wherein you designated another 501(c)(3) as the recipient of said assets.
All Minnesota nonprofits with 501(c)(3) status must file an annual report with the State due on December 31. If you have questions about how to start a nonprofit in Minnesota, contact us today.
Pursue Your Nonprofit Initiatives Effectively When You Work with BryteBridge Nonprofit Solutions
When you partner with BryteBridge Nonprofit Solutions, running your Minnesota nonprofit is easier, as we help you with all of the above state compliance requirements, nonprofit growth strategy, and more. We’ll walk you through all of the regulatory hoops so that you can focus on the core of your initiatives: helping your communities and your cause. Call our team of nonprofit experts today to get started!