Closing Form Oregon Department of Justice Doj State or
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People also ask
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What does the IRS require for dissolving a 501c3?
Complete Schedule N (Form 990 or 990-EZ), Liquidation, Termination, Dissolution or signNow Disposition of Assets. Include a description of the assets and any transaction fees, the date of distribution, the fair market value of the assets and information about the recipients of the assets.
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What happens to the money when a nonprofit closes?
As required by law, a nonprofit organization that is ceasing existence is required to transfer all remaining assets to another tax-exempt organization or to the government. It is unlawful to give any property away to individuals - including board members, volunteers, staff, or beneficiaries.
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What is a CT 12S form in Oregon?
File Form CT-12S if the organization is a split- interest trust that holds assets for the benefit of both charitable and non-charitable beneficiaries. If the organization does not fit within any of the above categories, file Form CT-12.
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How do I contact the Oregon DOJ?
Main DOJ Referral Line: 503-378-4400 Toll-free in Oregon: 800-850-0228. From outside Oregon: 503-378-5667. TTY: 800-735-2900.
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Who has final control of a nonprofit organization?
A board of directors, also known as a nonprofit board, is the governing body of a nonprofit. The members of a nonprofit board focus on the high-level strategy, oversight, and accountability of the organization. This contrasts with employees or managers who oversee the day-to-day operations of the nonprofit.
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How to dissolve a corporation in Oregon?
How do you dissolve an Oregon Corporation? To dissolve your corporation in Oregon, you must provide the completed Articles of Dissolution – Business/Professional form to the Oregon Secretary of State Corporation Division by mail, in person or by fax with a Fax Cover Sheet. Original signature is NOT required.
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How do I dissolve a 501c3 in Oregon?
Oregon Secretary of State: File the Nonprofit Articles of Dissolution form. Oregon Department of Justice: If your Nonprofit's type is either Public Benefit or Religious, you are also required to notify the Charitable Activities Division of Oregon DOJ via the Nonprofit Closing Form.
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How to close a non-profit in Oregon?
Closing an Oregon Charitable Corporation Download and fill out a closing form: ... Include a detailed list of organizations or persons who will receive the charity's assets upon dissolution, including: ... Submit the closing form at or before the time the corporation delivers articles of dissolution to the Secretary of State.
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