IRS Form 1023: Difference between revisions

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This is the federal form to get your 501(c)(3) tax-excempt status.  There is one time $500 fee when applying and applications can take up to five months before getting a response.  The IRS seems to find something wrong with everyone's application, so don't be offended.  After submiting your corrections/explanations you will receive your [[Employee Identification Number (EIN)]] number.
This is the federal form to get your 501(c)(3) tax-excempt status.  There is one time fee when applying and applications can take up to five months before getting a response.  The IRS seems to find something wrong with everyone's application, so don't be offended.  After submiting your corrections/explanations you will receive your [[Employee Identification Number (EIN)]] number.


== How To ==
== How To ==
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The Sopo Bike Co-op is making our 501(c)3 application available for folks to use as an example.
The Sopo Bike Co-op is making our 501(c)3 application available for folks to use as an example.


[http://sopobikes.org/Documents/Sopo501c3App.pdf Sopo's 501(c)3 Application]
[http://sopobikes.org/wp-content/uploads/2012/10/Sopo501c3App.pdf Sopo's 501(c)3 Application]
 
This the Bicycle Kitchen's 1023 application - it is not yet finalized:
 
[http://bicyclekitchen.com/wiki.cgi/download/1023Draft1 BicycleKitchen1023ApplicationV1.pdf]
 
== Cost ==
 
Estimated revenue of $10,000 or more per year, the fee to file the forms to the IRS is $700; any less and the fee is $350.


== Contact ==
== Contact ==
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* [http://www.irs.gov/pub/irs-pdf/f1023.pdf IRS Form 1023]
* [http://www.irs.gov/pub/irs-pdf/f1023.pdf IRS Form 1023]
* [http://www.irs.gov/pub/irs-pdf/i1023.pdf IRS Form 1023 Instructions]
* [http://www.irs.gov/pub/irs-pdf/i1023.pdf IRS Form 1023 Instructions]
[[Category:Legal issues]]

Latest revision as of 15:11, 25 October 2012

This is the federal form to get your 501(c)(3) tax-excempt status. There is one time fee when applying and applications can take up to five months before getting a response. The IRS seems to find something wrong with everyone's application, so don't be offended. After submiting your corrections/explanations you will receive your Employee Identification Number (EIN) number.

How To

The Sopo Bike Co-op is making our 501(c)3 application available for folks to use as an example.

Sopo's 501(c)3 Application

This the Bicycle Kitchen's 1023 application - it is not yet finalized:

BicycleKitchen1023ApplicationV1.pdf

Cost

Estimated revenue of $10,000 or more per year, the fee to file the forms to the IRS is $700; any less and the fee is $350.

Contact

IRS Excempt Organizations Customer Account Services toll-free at 1-877-829-5500 x1x1

References