Pennsylvania Nonprofit Corporations
Nonprofit corporations are those corporations whose members or shareholders may not receive any of the pecuniary profits of the corporation.
To form a nonprofit corporation in Pennsylvania, Articles of Incorporation accompanied by a docketing statement should be filed with the Bureau of Corporations and Chartiable Organizations. Articles of Incorporation must contain the following information:
- The application must be signed by all incorporators listed with their addresses. One or more persons or corporations may act as incorporators. Incorporators need not be members, directors, officers, shareholders or employees of the corporation.
- The corporation name must be available for use.
- The initial registered office address requires the street and number. A P.O. Box alone is not acceptable. A Commercial Registered Office Provider's address is acceptable.
- The purpose of the corporation must be stated. A nonprofit corporation must be able to fulfill its purpose without financial benefit to the members, except as salaries and expenses.
- A statement should be included that the corporation is one that does not contemplate pecuniary gain or profit, incidental or otherwise.
- If organized on a stock basis it should list the aggregate number of shares and par value, if any. If organized on a nonstock basis that should also be stated.
- If no members, if should include a statement to that effect.
Publication of either the intent to file or the actual filing of Articles of Incorporation must be made in two newspapers of general circulation, one a legal journal, if possible. Proofs of publication of the advertising should not be submitted to the bureau, but should be filed with the minutes of the corporation.