How to Start a Nonprofit Organization in Vermont
If you're thinking about starting a nonprofit organization in Vermont, there are a few things you'll need to do. First, you'll need to choose what type of nonprofit organization you want to start. There are two types of nonprofit organizations in Vermont: public charities and private foundations. Once you've decided on the type of organization you want to start, you'll need to follow the steps below to get your nonprofit up and running.
1. Choose a name for your organization and register it with the Secretary of State's office.
2. Draft articles of incorporation and adopt bylaws. Example
3. Obtain tax-exempt status from the IRS.
4. Apply for 501(c)(3) status with the Vermont Attorney General's office.
5. Register with the Vermont Department of Taxes.
6. Open a bank account in the name of your organization and apply for an Employer Identification Number (EIN).
7. Recruit board members and staff.
8. Develop a fundraising plan.
9. Launch your first fundraising campaign.
10. Evaluate your progress and make changes as needed.
11 File an annual report with the Secretary of State's office and renew your tax-exempt status with the IRS every three years