Legal Question in Business Law in Colorado

501 c 3 corporation

Louise Aron

Attorney at Law

Lakewood Office:

1536 South Ingalls

Lakewood, Colorado 80232 USA

(303) 922 7687

fax (303) 922-1370

Cherry Creek Office:

300 South Jackson #100

Denver, Colorado 80209 USA

(303) 780-7339

Satellite offices:

Boulder - 4450 Arapahoe Avenue, #100

DTC - 4610 South Ulster, #150

A TOLL FREE NUMBER is available to clients outside the Denver metro area.

Email: [email protected]

Web site http://effectnet.com/la/

LawGuru User

Dear LawGuru User:

I have formed a number of 501(c)(3) corporations.

Documents required to incorporate a 501(c)(3) include Articles of Incorporation, Bylaws, Consents to Action or Minutes and numerous

documents required to apply for and obtain a federal tax exemption.� Directors, officers and members (if any) are not liable for the entity's obligations. Income and profits from this entity are not distributable to members, directors

or officers.� Filing the appropriate documents with the Internal Revenue

Service (IRS) must occur in order for contributors to claim a tax deduction

for contributions.

The tax returns and other financial records of a 501(c)(3) organization are available to the public. You will not own a 501(c)(3). It is not intended to be the property of the incorporator, its president or of any other person. The board of directors of the 501(c)(3) determines its direction and activities.

Thank you for using LawGuru.

Sincerely,

Louise Aron

Attorney at Law

Web site http://effectnet.com/la/