According to the National Center for Charitable Statistics there are several non-profit organizations in Chattooga County that are in danger of loosing their tax exempt status if they fail to file IRS Form 990. The deadline to file the form was yesterday – May 15, 2010.
The National Center for Charitable Statistics web site states that they are a clearinghouse for information regarding non-profits in the United States. Most non-profit organization are required to file Form 990 with the IRS if their gross receipts are less than $25,000 per year.
According to the NCCS web site the following Chattooga County non-profits had not filed the proper form with the IRS:
Chattooga County Citizens Meth Task Force – Summerville
National Society of the Children of the American Revolution William Pillow – Summerville
Summerville Middle School PTSA – Summerville
The Chattooga County Historical Society – Summerville
Veterans Park Inc – Summerville
Arc of Chattooga County – Trion
Solid Rock – Trion
Menlo PTO – Menlo
According to the IRS Small tax-exempt organizations whose annual gross receipts are normally less than $25,000 per year may be required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ.
If you do not file your e-Postcard on time, the IRS will send you a reminder notice but you will not be assessed a penalty for late filing the e-Postcard. However, an organization that fails to file required e-Postcards (or information returns – Forms 990 or 990-EZ) for three consecutive years will automatically loose their tax exempt status. The revocation of the organization’s tax-exempt status will not take place until the filing due date of the third year.
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