Overview of Nonprofit Registration in Minnesota
To start a nonprofit organization in Minnesota, you must register with the Minnesota Attorney General’s Office for compliance with laws and regulations. Submit registration forms, the fee, and provide annual financial reports. Minnesota requires nonprofits to file an Annual Report with the Attorney General’s office.
Steps to Establish a Nonprofit in Minnesota
-
Naming Your Nonprofit
Individuals or groups conducting public or charitable purposes in Minnesota can start a non-profit corporation. Collaborate with others for opinions on a compelling name. -
Filing and Tax Exemption
File Articles of Incorporation and apply for 501(c)(3) status with the IRS. There are fees depending on the structure. Available tax exemptions include federal, state, and local.
Cost and Considerations for Starting Nonprofit in Minnesota
While the cost of starting a nonprofit can vary, there are some basic expenses to consider. Ensure your nonprofit is structured correctly. Our picks for best registered agent services: ZenBusiness.
Ongoing Compliance for Nonprofit Organizations
After creating a nonprofit organization and obtaining necessary qualifications, maintain these statuses by fulfilling compliance filing requirements in Minnesota:
- Corporate Annual Report: File annually with the state to remain in good standing. Update the state on current officers, directors, and relevant information.