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Iowa Corporations
Iowa Non Profit Corporation
Non Profit Corporation Name
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Must contain the word "corporation", "incorporated", "company", or "limited",
or the abbreviation "corp.", "inc.", "co.", or "ltd.", or words or abbreviations
of like import in another language.
Forming a nonprofit involves two distinct steps. A nonprofit needs to file articles
of incorporation with the Secretary of State. It also needs to secure federal income
tax exemption by filing the appropriate forms with the internal revenue service.
Keep in mind that, while many nonprofit corporations are tax exempt, merely
forming a nonprofit under Iowa law does not guarantee tax exempt status.
- ARTICLES OF INCORPORATION containing
the following information
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The name of the corporation.
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The address of the Registered Office of the Corporation and the name of its
initial Registered Agent at such address
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The Corporation is organized exclusively for charitable, educational, religious or scientific
purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as
amended, and to promote and advance such purposes by any activity in which a nonprofit
corporation organized under the Iowa Non Profit Corporation Act may engage, exclusively, either
directly or by engaging in activities that support or benefit one or more supported organizations as
permitted under Section 509(a)(3) of the Code.
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The Corporation shall have no members.
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The affairs of and business of the Corporation shall be managed and conducted by the Board
of Directors. The number of members of the Board of Directors shall be fixed by the Bylaws.
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No director, officer, employee or member of the corporation shall as such, be liable on
its debts or obligations and no director, officer, member or other volunteer shall be personally
liable as such, for any claim based upon as act or omission of such person performed in the
discharge of such persons’ duties except (1) for any breach of the duty of loyalty to the Corporation,
(2) for acts or omissions not in good faith or which involve intentional misconduct or knowing
violation of the law, or (3) for any transactions from which such person derive an improper
personal benefit.
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Except for any prohibition against indemnification specifically set forth in these
bylaws or in Chapter 504A, Code of Iowa, at the time indemnification is sought, this Corporation
shall indemnify any person who is or was a director, officer, employee, member or volunteer of this
Corporation, or any such person who), while a director, officer, employee, member or volunteer of
this Corporation, is serving or has served, at de request of this Corporation, as a director, officer,
partner, member, manager, trustee, employee, or agent of another corporation, partnership, limited
liability company, joint venture, trust, other enterprise, or employee benefit plan to the fullest extent
possible, against expenses, including attorney fees, judgments, fines, settlements and reasonable
expenses, actually incurred by such person relating to his conduct as a director, officer, employee,
member, or volunteer of this Corporation, or as a director, officer, partner trustee, employee, or
agent of such other corporation, partnership, joint venture, trust, other enterprise, or employee
benefit plan, except that the mandatory indemnification required by this sentence shall not apply (1)
to a breach of such persons duty of loyalty-to the Corporation, (2) for acts or omissions not in good.
faith or which involve intentional misconduct or knowing -violation of the law, or (3) for any
transaction from which such person derived an improper personal benefit. The foregoing right of
indemnification shall also inure to the benefit of any such indemnified person’s heirs, executors,
personal representatives, and administrators.
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The Corporation shall have no corporate seal.
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The corporate period shall be perpetual unless the Corporation is sooner dissolved or
terminated as otherwise provided by law.
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The Board of Directors of the Corporation may adopt Bylaws not inconsistent with these
Articles.
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The initial Board of Directors shall be composed of one (1) member. The name and address
of the person who is to serve as the initial Director
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The name and address of the sole incorporator
- Filling Fees
Iowa Incorporation homepage
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