The steps of starting a nonprofit organization in New Mexico | help businesses

Plan each step of creating your nonprofit New Mexico carefully. A well structured and managed is better positioned to serve its customers that is not. Seek counsel pro bono or discounted non-profit if you need help filing all paperwork related to the formation of a non-profit, or you can use information on how to structure your organization. The American Bar Association lists pro bono and discounted non-profit lawyers from different regions of the country on its website. Also contact your local bar local lawyers who might help.

1. Discuss the formation of your nonprofit leaders with local nonprofit and community. Ask what nonprofit organizations are already operating in the region. Talk with potential future customers. Avoid duplication of services or provide services that are not necessary.

2. Add your organization's mission and vision statements. The vision statement describes the organization's objectives for the future in general terms. The mission statement of exactly what you hope to accomplish the organization, how it will do, and that it serves.

3. Recruit members of your board, and write articles of your organization. The regulations describe how the organization will be managed and operated. It is advisable to draft a policy on conflict of interest stating how the nonprofit fund will be managed.

4. Write articles in your organization's constitution. Filing an original and one copy, accompanied by a statement of the registered agent to agree to accept this appointment, and DNP form from the Public Regulation Commission.
   
   
   
   Public Regulation Commission
   
   Corporate Office
   
   PO Box 1269
   
   Santa Fe, NM 87504-1269.

5. Contact the Public Regulation Commission if you have questions at (505) 827-4511. There is a $25 filing fee, as of September 2010. Note that within 30 days of the date of incorporation, you must submit an initial report to the Public Regulation Commission as well. See the commission's website for more information.

6. Obtain an identification number of (EIN) from the IRS for federal income tax return. Another option is to request a site from the IRS or fill out the form SS-4, available on the IRS website.

7. Complete and submit the form 1023 to the IRS if your organization has applied for federal tax exempt status. The form may be about 50 pages with supporting documents, it is a good idea to seek legal assistance in preparing this form, even if it is not necessary. production costs vary with the amount of income the organization receives each year.

8. Register your organization with the New Mexico Tax and Revenue Department. If your organization is tax exempt at the federal level and has no tax liability, it is not necessary to register. If you want the organization to obtain certificates of non-taxable Transaction Type 9 (to be able to claim exemption from tax on gross receipts when purchasing services or tangible personal property), file Form ACD -31015 to a local tax office for a number of handset Reporting System (tax identification number of the state). CRS is the method of the State to declare the major business taxes. CRS number is used when applying Type 9 Non-taxable Transaction Certificate.
   
   
   
   Request the number of CRS by mail or online at the New Mexico taxpayers with an access point.
   
   
   
   Send the form to this address:
   
   
   
   Taxation and Revenue Department
   
   Manuel Lujan Sr. Building
   
   1200 St. Francis Drive South
   
   PO Box 5374
   
   Santa Fe, NM 87502-5374.
   
   
   
   Call 505-827-0951 for more information. Read New Mexico's Taxation and Revenue Department's publications "501(c)(3) Nonprofit Groups & New Mexico's Gross Receipts Tax" "FYI-102-Information for New Businesses" and "FYI-103: Information for Non-Profit Organizations" for more information about New Mexico's taxation requirements for nonprofit organizations.

9. Join the state attorney general. Submit New Mexico as charity to the Attorney General, accompanied by a copy of the decision letter to IRS federal tax exempt status, a copy of IRS Form 1023 was filed, a copy of the articles of organization and statutes and a copy of most recent Form 990 IRS (if the organization has more than $ 25,000 of income and has been in operation one year) or an attorney general report form (if the organization has been in operation for one year and less than $ 25,000 of income). Some organizations are exempt from registration. Read charitable solicitations Statute on the website of the Attorney General for more information or call 505-827-5826. This must be done within 30 days of filing Form 1023 or solicit charitable contributions in New Mexico, whichever comes first. Do not result in a $ 100 fee. Mail forms to the following address:
   
   
   
   Attorney General of New Mexico
   
   Register of Charities
   
   111 Lomas Blvd., NW, Suite 300
   
   Albuquerque, NM 87102.

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