South Dakota Nonprofits Registration, Tax Exemption, and Annual Report Filing Requirements
South Dakota Nonprofits - A Guide to Registration and Tax Compliance
Understanding the guidelines and requirements set by the relevant state agency is essential for successfully establishing and operating a
nonprofit organization.
Here, you can find how to start and register a nonprofit in South Dakota, obtain tax-exempt status, understand the annual report filing requirements for nonprofits in the state,
and more.
| Requirements |
Registration
|
Annual Filing
|
|---|---|---|
Required Forms |
||
Due Date |
Before establishing a Nonprofit entity. |
1st day of the organization’s anniversary month |
Filing Fee |
$30 | $10 |
Frequently Asked Questions
How to Start a Nonprofit in South Dakota?
To start a nonprofit in the state of South Dakota, you must follow these registration procedures.
Articles of Incorporation Registration:
To register your nonprofit in South Dakota, you must submit the organization's name and Articles of Incorporation to the secretary of state.
Typically, this submission must include the following information:
- Name and address of the corporation
- Purpose of the corporation
- The period of existence
- Name and address of the registered agents and incorporators
In addition to these details, you must pay the incorporation filing fee of $30.
How do you obtain tax-exempt status from the State of South Dakota?
South Dakota law requires nonprofit organizations to file a Sales Tax Exempt Status Application online with the South Dakota Department of Revenue in order to obtain an exemption from the sales and use tax exemption.
However, prior to applying for exemption, the organization must have obtained federal tax exemption under 501(c)(3). South Dakota doesn’t grant exemption without a copy of the IRS determination letter.
What are the annual filing requirements for nonprofits in South Dakota?
The State of South Dakota requires nonprofits to file an Annual Report with the South Dakota Secretary of State, along with a filing
fee of $10.
When is the deadline for filing an annual report with South Dakota?
The deadline to file the annual report with the South Dakota Secretary of State is on the 1st day of the organization’s anniversary month. For example, if the organization has registered on January 15, the deadline for filing the annual report will be January 1st of
subsequent years.
Are there any penalties for not filing an annual report?
Yes, failing to file the annual report within 2 months after the due date will result in a penalty of $50. If the entity remains in a delinquent status, it may be subject to administrative dissolution.
How do I file an annual report with the state of South Dakota?
- You can submit your annual report electronically through the online portal offered by the South Dakota Secretary of State.
- You can also complete the annual report on paper with an additional $15 processing fee and send it to the below address:
500 E Capitol Ave,
Pierre, SD 57501.
Article Sources:
- Articles of Incorporation
- Sales Tax Exempt Status Application
- Annual Report
- Frequently Asked Questions
- Nonprofit Corporation - South Dakota Secretary of State