Getting a nonprofit organization up and running can be a daunting task. There are legal and regulatory requirements that must be followed, both at the federal and state levels. For those starting a nonprofit organization based in the city of Chicago, there are even more considerations to consider. To help you get your nonprofit humming, we've put together a four-step guide to getting started on your mission.

Step 1: Draft Your Mission Statement

The mission statement of your nonprofit will set the tone for everything your organization plans to do. It should be concisely stated and capture the spirit of what it is that you hope to accomplish for your cause. Take some time to carefully consider your mission and what it is that sets your nonprofit apart from any other potential organization.

Step 2: Get Tax Exempt Status

To be classified as a 501(c)(3) organization, you must apply for and obtain a tax exemption determination from the Internal Revenue Service (IRS). The application must be filled out in its entirety, and include information about your organization's structure, purpose, and operations. Additionally, you must also file the application with the State of Illinois.

Step 3: Comply With Local Regulations

Chicago is a unique city with its own set of rules and regulations. Before you can begin operating you must make sure that your business is fully compliant with all local laws. This includes obtaining any required license or permits, registering with the Chicago Department of Public Health, and abiding by any additional regulations such as zoning laws, labor laws, or safety requirements.

Step 4: Secure Funding for Your Nonprofit

The last step of the process is securing the necessary funds to bring your work to life. This can be done through a variety of tactics, including fundraising, grant-writing, or corporate sponsorship. You should also consider looking into potential partnerships with any local businesses who may be interested in supporting your cause.

Final notions

Starting a nonprofit organization in Chicago can be a complicated process, but also one of the most rewarding experiences you may ever have. With the help of a few knowledgeable professionals and a strong plan in place, you can bring your dream for change into a reality and make a difference in the world.

Topics:

Nonprofit,

Chicago,

Organizations