[Mldxcc] Club tax exempt status web site

[Rich]

We -may- need to address this issue.  It looks to me that we may need to 
file for tax exempt status and file an annual e-notice.  It can be filed 
for free through the Urban Institute non-profit tax reporting system--if 
necessary.  We may be exempt due to a less than $5,000 annual budget. _I 
don't trust web search tax advice <grin>. _

Info on the web is limited, but the following may be of interest:

http://www.eham.net/ehamforum/smf/index.php/topic,71233.0.html
List of Florida and Illinois amateur radio clubs in danger of losing tax 
exempt status...it appears that many clubs did of do have tax exempt 
status.

http://www.arrl.org/news/many-radio-clubs-could-lose-tax-exempt-status-in-2010 
*ARRL information*
http://www.dirtypawwebsites.com/tax-exempt/ THIS MAY BE OUT DATED 
INFORMATION.

    Limitations of This Document

    This document addresses both non-tax-deductible non-profit
    organizations, and tax-deductible non-profit 501(c)(3)
    organizations, but only those which meet the following criteria:

        1.  Non-tax-deductible non-profit organizations with gross
        annual receipts normally not more than $25,000.

        2.  Tax-deductible non-profit 501(c)(3) organizations with gross
        annual receipts normally not more than $5,000.

    You'll have to check with your state about state requirements. But
    if your club or rescue meets the above criteria, you'll find the IRS
    requirements very simple. Namely:

        1.  You don't have to file paperwork with the IRS to establish
        your tax-exempt status.

        2.  You don't have to file annual tax returns; only a simple,
        on-line form each year.

    Organizations with greater income will have more complex filing
    requirements, and should refer to the IRS resources listed below for
    further information.

    Disclaimer:  Do not take any of the information contained in this
    document as advice. This document is only to be used as a learning
    tool, and no guarantee whatsoever is made about its accuracy.



http://www.taxalmanac.org/index.php/Internal_Revenue_Code:Sec._6033._Returns_by_exempt_organizations 
*IRS TAX Code*



I think the key legal issue is whether we normally have an annual budget 
above $5,000.  See:

TITLE 26 - INTERNAL REVENUE CODE Subtitle F - Procedure and 
Administration CHAPTER 61 - INFORMATION AND RETURNS Subchapter A - 
Returns and Records PART III - INFORMATION RETURNS Subpart A - 
Information Concerning Persons Subject to Special Provisions

Sec. 6033. Returns by exempt organizations (a) Organizations required to 
file (1) In general Except as provided in paragraph (3), _every 
organization exempt from taxation under section 501(a) shall file an 
annual return_, stating specifically the items of gross income, 
receipts, and disbursements, and such other information for the purpose 
of carrying out the internal revenue laws as the Secretary may by forms 
or regulations prescribe, and shall keep such records, render under oath 
such statements, make such other returns, and comply with such rules and 
regulations as the Secretary may from time to time prescribe; except 
that, in the discretion of the Secretary, any organization described in 
section 401(a) may be relieved from stating in its return any 
information which is reported in returns filed by the employer which 
established such organization.

(2) <snip>

(3) _Exceptions from filing _

       (A) Mandatory exceptions
            Paragraph (1) shall not apply to - <snip>

         (ii) any organization (other than a private foundation, as
    defined in section 509(a)) described in subparagraph _(C), the gross
    receipts of which in each taxable year are normally not more than
    $5,000, or _<snip>


A professional may have a different understanding....I'm not a tax 
professional.

Rich
NU6T


On 10/22/2010 9:28 AM, Rich wrote:
> I doubt that we have a tax exempt status, and doubt that anyone filed
> for non-profit status.  I suppose the real question is whether we have
> to file an annual tax return.  Our treasury (OK, piggy bank) is small
> enough I doubt we have to pay taxes, but we may have to file some
> paperwork.  If so, what?  I thought Jim Venneman was looking into that?
>
> We are not on the IRS list of entities that are in danger of losing
> tax-exempt status.
>
> Rich
> NU6T
>
> On 10/22/2010 9:17 AM, Dick Wilson wrote:
>> So...IMO, the next question is, did MLDXCC ever apply for or receive
>> tax-exempt status as described?
>> I have been a more or less active member for the past ten years. I do
>> not recall even discussing this matter other than maybe touching on this
>> item at a meeting.
>> There is no mention in by-laws
>> Ken&   Kay, Ray, Dennis, for instance, have been members longer than I. What
>> say, people??
>>
>> Dick
>>
>> On 10/22/2010 8:57 AM, Richard (Rick) Karlquist wrote:
>>> See:
>>>
>>> http://www.irs.gov/charities/article/0,,id=227435,00.html
>>>
>>> Rick N6RK
>>> _______________________________________________
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>>>
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>>
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