|
|
| |
Form 1023, Part II
|
Page 2 - Part II - Organizational Structure
Page 2 - Part II - Questions 1 through 4 501(c)(3) status cannot be granted to an individual, a partnership, or a "formless aggregation of individuals." If you want 501(c)(3) status for a limited liability company or other less common type of organization, you should probably seek professional assistance.
Page 2 - Part II - Question 5 Although IRS Form 1023 allows an applicant organization to indicate that it has not yet adopted bylaws, at one time the IRS website listed lack of Bylaws as a leading reason for delays in processing 501(c)(3) applications. Many IRS agents prefer not to issue a determination letter to an organization without Bylaws.
|
|
Have more questions about Form 1023? Visit www.501c3Book.com for information about Sandy Deja's book, Prepare Your Own 501(c)(3) Application. "The book was fantastic and very helpful...Worth every penny! "
|
|
This page last updated February 2007.
|
|
|
|
|