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How to form a non-profit news service in Vermont.

If you want to form a non-profit news service in Vermont, you will need to follow some steps to...How to form a non-profit news service in Vermont.

If you want to form a non-profit news service in Vermont, you will need to follow some steps to register your organization with the state and the federal government. Here are some of the main steps you will need to take:

- **Name your Vermont non-profit**. You will need to choose a name that is not already in use by another entity in Vermont. You can check the availability of your desired name on the Vermont Secretary of State website.

- **Choose your registered agent**. A registered agent is a person or a business that agrees to receive legal notices on behalf of your non-profit. You can choose an individual who resides in Vermont, or a business that is authorized to do business in Vermont. You can also hire a professional registered agent service, such as Northwest Registered Agent.

- **Select your board members and officers**. Your non-profit will need to have at least three board members who are not related by blood or marriage. You will also need to appoint officers, such as a president, a secretary and a treasurer, who will manage the day-to-day operations of your non-profit.

- **Adopt bylaws and conflict of interest policy**. Bylaws are the rules that govern how your non-profit will operate, such as how often you will hold meetings, how you will elect board members, how you will handle finances, etc. A conflict of interest policy is a document that outlines how your non-profit will deal with situations where a board member or an officer has a personal or financial interest that may affect their decision-making for the non-profit.

- **File the articles of incorporation**. The articles of incorporation are the official document that creates your non-profit corporation in Vermont. You will need to fill out an application form and submit it to the Vermont Secretary of State, along with a filing fee of $125. You will also need to include a copy of your bylaws and conflict of interest policy.

- **Get an EIN**. An EIN, or employer identification number, is a unique number that identifies your non-profit for tax purposes. You can apply for an EIN online for free on the IRS website.

- **Apply for 501(c)(3) status**. 501(c)(3) status is the federal tax exemption that allows your non-profit to receive tax-deductible donations and grants, and to avoid paying income tax on its activities. To apply for 501(c)(3) status, you will need to fill out Form 1023 or Form 1023-EZ (depending on the size and complexity of your non-profit) and submit it to the IRS, along with a filing fee of $275 or $600. You will also need to provide supporting documents, such as your articles of incorporation, bylaws, conflict of interest policy, budget, mission statement, etc.

These are some of the basic steps you will need to take to form a non-profit news service in Vermont. For more information and guidance, you can visit the websites of the Vermont Secretary of State, the Vermont Department of Taxes, the IRS, and Foundation Group. Show more

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