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Important Nonprofit Governance Updates

Important Nonprofit Governance Updates

Keeping Your Nonprofit’s Records Up to Date

As a nonprofit leader, you play a vital role in ensuring your organization stays compliant with state and federal regulations. That includes keeping your governing documents current and making necessary updates when your organization experiences changes.

Essential Governing Documents

Every Pennsylvania nonprofit should have these key documents in place:

  • Bylaws – Outline your nonprofit’s structure and operations
  • Corporate Resolution – Determines officers and key roles
  • Meeting Minutes – Reflect board decisions and organizational updates
  • State Filings – Keep contact information and reporting data up to date

When Should You Update Governing Documents?

It’s important to review and update your governing documents when:

  • Officers or board members change
  • Executive leadership transitions occur
  • Your primary address or location changes
  • Your mission expands or shifts significantly
  • It has been 10+ years since your last update

New Requirement: Annual Report Filing

Starting this year, Pennsylvania now requires all domestic and foreign nonprofit corporations to file an Annual Report by June 30, 2025. This filing, submitted to the Pennsylvania Bureau of Corporations and Charitable Organizations, ensures your nonprofit’s registration remains active. Missing the deadline could lead to administrative dissolution, loss of business registration, and even loss of name protection.

If you need guidance on filing your Annual Report, including deadlines and fees, reach out to our team for assistance!

We’re Here to Help!

Navigating compliance requirements doesn’t have to be stressful. Our team is ready to assist with:

  • Preparing or updating governing documents
  • Filing necessary changes with the state
  • Submitting your Annual Report on time

Let us know how we can support your nonprofit—reach out to Faithward Advisors and our professional legal partner Aevitas Law today!

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