Alabama 501c3 Corporations: Tax Exempt Organizations Non Profit

Alabama Non Profit Incorporation like a 501c3 Corporation

Non profit organizations like a 501c3 Corporation operating in Alabama contributes significantly to the state's thriving business sector. These non profit business entities are the lifeline of the state's economic health, and hence, the state has implemented various measures to help these organizations gain protection and statutory benefits available within the state as long as they comply with the legal conditions stipulated by the state.

Non profit Tax Exempt Incorporation

Incorporating your non profit organization within the State of Alabama can help you qualify for several key incentives including the 501(c) (3) status that offers your non profit entity:

• Personal Asset Protection along with limited liability for directors, officers and members from business debts and potential claims from creditors
• Indefinite life which means the company can exist indefinitely even if a director dies or leave the company
• Potential property tax savings
• Tax exemption
• Tax deductible donations which allows donors to claim a tax deduction for a gift as long as the gift type (money or property) qualifies as a gift type and complies with the relevant gift conditions

Forming a Non Profit Organization in Alabama

The initial filing procedures for incorporating your non profit organization within the State of Alabama require:

• Submitting the Articles of Incorporation with the Secretary of State
• Submitting two copies in the county where the corporation's initial registered office is located

The articles of incorporation must contain:

• The proposed name of the non profit organization
• Its purpose
• The name and physical address of the initial registered agent

For more information

• Non profit overview
• Is a 501c3 right for you?