New Jersey Nonprofit Articles of Incorporation
Nonprofit articles of incorporation is the document filed to create
a New Jersey nonprofit corporation.
Preparing and filing your articles of incorporation is the first step in starting your
nonprofit corporation. Approval of this document secures your corporate name and
creates the legal entity of the
nonprofit. Only after this approval can you apply for 501c, apply for fundraising licenses,
open a bank account, and otherwise conduct business.
Incorporating provides many important benefits:
- Limits the liability of directors, officers, and shareholders
- Fulfills statutory requirements to register your organization's
- Is a prerequisite for applying for 501(c) tax exemption
- Provides governance and adds credibility to the business or organization
Other Helpful New Jersey Facts
As you are preparing to incorporate, keep in mind the following requirements specific
to New Jersey, keep in mind:
New Jersey Directors
- Number: minimum 3
- Qualifications: 18 years old. No citizenship requirement. No residency requirement. No membership requirement.
- Term: 1 year
- Quorum: majority
- Committee: minimum 1 member
New Jersey Officers
- A president, a secretary, and a treasurer are required.
- Two or more offices may be held by the same individual. This person may sign instruments in only one capacity when the signatures of two officers are required.
New Jersey Members
- Members: optional
- Regular meeting: required annually or biennially
- Quorum: majority of entitled votes