Here are the steps we are taking to get the 501(c)3 designation for our team.
1. file form SS-4 to get an employer identification number
2. file the proper form from your state to register your articles of incorporation
3. file forms 1023 and 8718 with the IRS
4. file with the state again to get the letter you need for tax free purchases
Along the way you need to create some bylaws that indicate you have at least three directors, the board of directors has meetings and minutes are kept and that you keep financial records. If you write to me at
rivercityrobots@hotmail.com I will send you a copy of our bylaws. You can search the web for sample bylaws for non-profit organizations and you will find several examples as well.
Once this process is completed you will have to submit annual reports to the state and I guess to the IRS also.
We are now just in the process of completing the IRS form 1023 so I can keep you updated on how it all worked out.
I have been told that you should expect this to take about 6 months to complete depending on how lucky you are to get timely responses from the state and feds and how quickly you get the forms filled out. The steps need to be completed in serial fashion.
Ralph