NON-PROFIT ORGANIZATION | EIN APPLICATION
A nonprofit organization, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a tax- exempt {Under Section 501 of the Internal Revenue Code (26 U.S.C.A. § 501)} corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. A Nonprofit may serve different purposes or causes, such us religious, educational, charitable, literary, scientific, public safety or cruelty-prevention.
WHAT IS AN EIN NUMBER?
The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number (Tax ID Number), is a unique 9 digit number assigned from the IRS. The digits of an EIN are formatted as follows: XX-XXXXXXX. Entrepreneurs and businesses use an EIN to conduct business activities that would otherwise require a Social Security Number (SSN).
DO NON-PROFITS NEED AN EIN?
- Open business bank accounts
- Hire employees and process payroll
- Obtain Business Licenses and Permits
- Open a business checking account and apply for business credit
- File business taxes at a federal, state and local level
HOW TO GET AN EIN NUMBER FOR A NON-PROFIT ORGANIZATION:
Apply now and obtain an Employer Identification Number (EIN) by filling out the EIN Online Application form. It is Easy, Fast and Secure. After you complete the online process you will receive your EIN together with important information within 1-2 business days.