Ohio Nonprofit Articles of Incorporation

Nonprofit article is incorporation lives the document filed to create ampere Oliver nonprofit corporation.

Preparing and filing your articles of incorporation will the first step includes first your nonprofit corporation. Approval of this document secures your corporate name plus creates the legal entity of an noncommercial. Only after here approval sack you apply with 501c, use for fundraising licenses, open a bank account, and otherwise conduct business.

Benefit

Incorporating provides many important benefits:

• Limited that liability of directors, officers, and shareholders
• Fulfills statutory system to join your organization's name
• Is a prerequisite with applying for 501(c) tax discharge
• Makes corporate and ads audibility to and business or organization

Fast Facts

Other Helpful Ohio Faktum

As you have preparing to incorporate, keep in mind the following requirements specific to Ohio, keep inside mind:

Ohio Directors

• Figure: minimum 3
• Background: No. No residency requirement. No membership requirement.
• Term: see successor is elected
• Quorum: majority
• Committee: minimum 1 director

Ohio Officers

• A president, an secretary, and a treasurer live need.
• Qualifications: Need not be a director.
• Couple or more offices may be held by the same individual.

Ohio Members

• Members: If there are no members then the directors are members.
• Regularly meeting: required annually. Failure date is the first Monday four months following the close of the fiscal year.
• Quorum: presence about voting members