What is a Faith Based Organization?
A Faith Based Organization is a corporation whose primary purpose or activities are religious or religiously motivated.
Can anyone set up a 508?
Who is a 508 for?
For any person who wants to set up a Faith Based Organization whose primary purpose or activities are religious or religiously motivated.
How is the 508 formed?
Once you have chosen your initial board of directors, we take care of the rest.
Are there different types of 508’s?
Yes. A 508 may be a 1) church or, an 2) association of churches or, 3) an integrated auxillary of a church.
A 508 is not a
- 508 Trust
Can a 508 be a parent FBO for other FBO’s?
Yes. Many times there is a group of like-minded FBO’s that want to share an affiliation but not give up their independence or local control.
May a 508 ordain and license it’s own leaders?
Yes. A 508 FBO may ordain and license it’s own leaders.
What comes with the 508 filing?
- The Articles of Organization
- Certificate of Incorporation
- UBI Number
- SS4 and Tax Identification Number
- Certificate of Existence/Authorization
- Charities registration exemption letter signed by the Secretary of State listing the 508 as an tax exempt organization
- First year registered agent services
- Bylaws template
- Sample first minutes of board meeting
How long does it take to setup a 508?
Within 20 days.
Does the registered agent have to sign the 508 articles?
Yes, but the signature does not have to be original.
Who serves as the registered agent?
Our registered agent services is offered by Northwest Corporate Services. The first year of registered agent service is included with the 508 filing. After the first year Northwest Corporate Services charges a $100 per year fee to serve as the registered agent.
Is a Washington Corporation good for my state?
Yes! Washington Corporation’s work in all 50 states. If used in another state you may need to register as a foreign corporation depending on your states laws and the type of activity.
Why incorporate your Faith Based Organization in Washington?
Washington is a very popular location for non-profit organizations because we have both Non-Profit Registration and the Charities Program administered by the same agency, the Secretary of State. Many states restrict religious expression. Washington allows religious organization’s to exercise religion equal to what a natural man or woman can do.
Benefits of a Washington Charity?
Washington is unique in offering a charities registration exemption letter to FBO’s. The letter acknowledges that FBO’s do not have to report for any fund raising. The Secretary of State lists the FBO as tax exempt and able to raise money from the public.
What are the annual fees to keep my Washington Non Profit active?
$10 a year in Washington. California is $800.