Florida Nonprofit Corporations, also known as not-for-profit corporations, are created according to Florida state law. Like for-profit corporations, Florida non-profit corporations must file a statement of corporate purpose with the Florida Secretary of State and pay a fee, create articles of incorporation, conduct regular meetings, and fulfill other obligations to achieve and maintain corporate status. J&J Legal can handle all aspects of non-profit formation so you can remain focused on achieving your organization’s mission. We can draft and file the necessary incorporation paperwork, submit documents for tax-exempt status to the Internal Revenue Service, and complete and submit an Application for Consumer’s Certificate of Exemption (Form DR-5) to the Florida Department of Revenue, which will allow your organization to be eligible for certain benefits, including sales tax exemptions for business supplies and purchases.
Non-Profits Entitled to Tax Exemptions:
There are twenty-nine types of 501(c) nonprofit organization types, the most popular of which is the 501(c)(3). Like all nonprofits, a 501(c)(3) organization must be approved by the Internal Revenue Service to be tax-exempt. These entities must be organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, or for testing for public safety, or to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. Other types of entities eligible for tax-exempt status include the following:
- Business Leagues – governed by Internal Revenue Code § 501(c)(6)
- Employee Benefit Associations or Funds– governed by Internal Revenue Code § 501(c)(4), 501(c)(9), and 501(c)(17).
- Fraternal Societies – governed by Internal Revenue Code § 501(c)(8) and 501(c)(10).
- Labor and Agricultural Organizations – governed by Internal Revenue Code § 501(c)(5).
- Social clubs– governed by Internal Revenue Code § 501(c)(7).
- Social Welfare Organization s– governed by Internal Revenue Code § 501(c)(4).
- Veterans’ Organizations – governed by Internal Revenue Code § 501(c)(19) and 501(c)(23).
- Political Organizations – governed by Internal Revenue Code § 527.
Contact J&J Legal today to discuss the vision for your non-profit organization and the requirements for obtaining tax-exempt status. Let our experienced attorneys provide the solve so your no-profit can comply with all the regulations and you can stay focused on achieving your organization’s mission.
If your dream involves a charitable organization, the charitable organization is required to complete a Solicitation of Contributions Registration Application with the Department of Agriculture and Consumer Services. J&J Legal can assist with preparing this Application and can also register and renew your charitable organization annually with the Florida Department of Agriculture.