Some Organizations at risk of automatic revocation of their Tax-Exempt Status
IRS.gov
by Pinedale Online!
September 2, 2010
Please see the note at the end of this article for an update on this story.
The Internal Revenue Service (IRS) website has a list of tax-exempt organizations that are at risk of losing their tax-exempt status because they have not satisfied the annual filing requirements for three consecutive years. The website has a list of organizations by state. The Wyoming list PDF is 27 pages long with as many as 50 organizations listed on each page.
The list includes a number of Sublette County organizations: Big Piney Pinners Business & Professional Women’s Club of Pinedale Community Christian Church of Big Piney Friends of Education Inc, Big Piney Friends of Hoback Ranches, Inc. Green River Irrigation District, Pinedale Home Town Hospice, Inc, Pinedale JOY Inc, Pinedale Paradise Canal Corporation, Boulder Research Community Project, Marbleton Snow Explorers Club Inc, Pinedale Sublette County Board of Realtors, Pinedale Sublette County Bowlers Association, Pinedale Sublette County Outfitters & Guides Association, Pinedale The Community Food Closet Inc, Big Piney Veterans of Foreign Wars Auxiliary, Pinedale __________________________________________
Other selected organizations on the Wyoming list: Association of Professional Artists, Inc, Gillette Bowhunters of Wyoming Inc, Green River Cheyenne Genealogical and Historical Society Cheyenne Public Employees Association Christian Broadcasting Inc, Douglas Cokeville Chamber of Commerce Deaf Association of Wyoming, Cheyenne Disabled American Veterans (Lander, Gillette, Sheridan) Dubois Outfitters Association Fraternal Order of Eagles (7 towns) Independent Order of Odd Fellows (15 towns) International Association of Lions Clubs (12 towns) Jackson Hole Outfitters & Guides Association, Jackson Jackson Hole Shooting Sports Foundation, Jackson Knights of Columbus (9 towns) League of Women Voters of Wyoming (Casper, Cheyenne, Gillette) Midwives Alliance of Wyoming, Cheyenne National Association of Letter Carriers (10 towns) Nibrara Chamber of Commerce, Lusk Professional Land Surveyors Association of Wyoming Inc, Cheyenne Rawlins Volunteer Fire Department, Rawlins Riverton Valley EMT Association, Riverton Star Valley Historic Preservation Inc, Thayne Sweetwater County Volunteer Fire Association Inc, Rock Springs The Dubois Museum Association The Johnson County Search and Rescue Unit, Buffalo Trout Unlimited, Lander United Mine Workers of America (Rock Springs, Sheridan) Veterans of Foreign Wars of the United States Department of Wyoming (10 towns) Wind River Rescue, Crowheart Wyoming Archaeological Society Inc, Casper Wyoming Association of Professional Archaeologists, Laramie Wyoming Game Wardens Association, Laramie Wyoming Pharmaceutical Association, Casper Wyoming Quarter Horse Association, Casper Wyoming State Historical Society (12 towns) Yellowstone National Art Trust, Jackson __________________________________________
According to the IRS, most tax-exempt organizations, other than churches, must file a yearly return or notice with the IRS. If an organization does not file as required for three consecutive years, the law provides that it automatically loses its tax-exempt status. Loss of exempt status means an organization must file income tax returns and pay income tax, and its contributors will not be able to deduct their donations.
From the IRS website: (http://www.irs.gov/charities/article/0,,id=225889,00.html)
"Tax-exempt organizations that do not satisfy annual filing requirements for three consecutive years automatically lose their tax-exempt status. The IRS is providing one-time relief for such organizations that have filing due dates on or after May 17 and before October 15, 2010. The list includes organizations for which the IRS does not have a record of a required annual filing for 2007 and 2008, and whose 2009 return, due on or after May 17 and before October 15, 2010, has not yet been received.
The list, which was generated on June 30, 2010, includes only organizations with an annual filing requirement. Certain exempt organizations are exempt from this requirement. These organizations should check their records and determine whether they are at risk of automatic revocation because they have not satisfied annual filing requirements. In addition, the list may include organizations that were required to file Form 990 or Form 990-PF. These organizations are not eligible to take advantage of this one-time IRS filing relief to bring them into compliance."
Every organization exempt from federal income tax under Internal Revenue Code section 501(a) must file an annual information return except organizations on this list: http://www.irs.gov/charities/article/0,,id=152729,00.html
Frequently Asked Questions: ttp://www.irs.gov/charities/article/0,,id=221600,00.html __________________________________
Editor’s Update 9/3/10: According to the Wyoming State Historical Society (WSHS) newsletter (September 2010), their CPA contacted the IRS by phone and in writing, and the IRS agreed that this list included chapters and organizations which it shouldn’t have. All WSHS chapters included in the group filing are current with the IRS in their filings and their tax exempt status is current as well. "This list showed many chapters of the WSHS that had indeed filed each year with the group filing and exemption."
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