Not For Profit Resource Center

In this time of limited funds, we discourage new not for profits from forming. To start a new Not For Profit agency costs money, generates paperwork and takes time. You will probably do most or all of these things, and more, just to get running:

Pay legal expenses for Articles of Incorporation and By-Laws
File documents to incorporate with the New York State Secretary of State
File documents for 501c3 tax exempt status with the Internal Revenue Service
File documents for New York State sales tax exemption
File documents for local property tax exemption
Wait to get approval on the documents, hoping they are approved the first time
Hold board meetings and take formal minutes
Keep track of money and establish a banking relationship
Hire employees, do payroll, and comply with employment regulations

To help you start to deliver services without having to form a new agency, the Not For Profit Resource Center, an initiative of the United Way of Buffalo & Erie County, can link you with an existing nonprofit agency. You may find that you can serve people more effectively by helping an already established agency than by starting a new one.

For a no obligation, confidential discussion of this opportunity, please contact us at 716-887-2757, or email us at nfprc@uwbec.org.