Starting a non-profit organization in the US Virgin Islands is a complex process that requires several steps. To help you understand the process, we've included several resources on this page. The first step is to become familiar with the Association of Professional Associations of the Virgin Islands, INC. This organization is responsible for raising funds for charitable organizations in the US Virgin Islands and carrying out any other activity that may legally exist. It's important to note that no part of the net profits of the Corporation shall benefit or be distributed to its members, directors or trustees, officers or other private persons.
The Corporation shall have all the powers necessary to carry out its objectives and exercise all powers allowed to corporations organized under the laws of the Virgin Islands. The Board of Directors may prescribe the amount and manner of imposing and collecting any initiation fee, fee or other charges, fees, fines and penalties, how to suspend or terminate membership and to re-establish membership. The Board will also determine the time and place of the meeting and may change the date to avoid legal holidays. The notification will be sent by mail or otherwise transmitted to each member no less than 10 days and not more than 60 days before the date set for the annual meeting. Special meeting notices will indicate the purpose or purposes for which the meeting is being convened. Any action that requires the vote of the members, including the election of the members of the Board of Directors, must be approved by a majority vote of the members who attend a meeting at which a director is present.
All members of the Board of Directors must be approved by a majority vote of the members present and voting. In summary, becoming a member of a non-profit organization in the US Virgin Islands involves several steps. You must become familiar with the Association of Professional Associations of the Virgin Islands, INC., understand how to impose and collect fees, determine when and where meetings will take place, and ensure that all members of the Board of Directors are approved by a majority vote. The incorporation process is done through the office of the Secretary of State, while tax exemption is granted by the IRS. It's important to note that each step must be completed in order for your non-profit organization to be legally recognized in the US Virgin Islands. With careful planning and research, you can become a member of a non-profit organization in no time.
