What are the requirements for filing as a nonprofit organization?
To file as a nonprofit organization in Hawaii, there are several requirements that must be met. Firstly, the organization must be formed for charitable, educational, religious, scientific, or other specific purposes that provide a public benefit. The organization must also have a minimum of three directors who are at least 18 years old and not disqualified by law. Additionally, a designated agent located in Hawaii is required for service of process. Nonprofits are required to file Articles of Incorporation with the Hawaii Secretary of State, providing details about the organization's purpose, directors, and registered agent. Furthermore, the organization must obtain an Employer Identification Number (EIN) from the Internal Revenue Service and apply for tax-exempt status at the federal level. Compliance with state and federal tax laws is necessary to maintain nonprofit status.
Answered May 3, 2024
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