My small Shul is going through the process of registering as a nonprofit.
Until now, everything was unofficial with individuals covering the various expenses directly or with cash from the pushka.
Would appreciate advice from anyone in the know regarding the following:
- Bank account
- Accounting software
- Paying Baalei Keriah
- Paying members of Shabbos morning Kollel
- Eventually paying a Rabbi
TIA.
First step is to create a corporation with your state, then you can open a bank account and process money as an entity rather than as individuals.
As a house of worship, you're not legally required to file for 501(c)(3) status in order to be a nonprofit but it can be beneficial for a number is reasons.
I recently went through a similar process and you can PM me with questions.