×
  • Home
  • About
    • Firm Overview
    • Experience
    • Fraternal Law Conference
    • Conference Sponsorship
  • Our Attorneys
    • Overview
    • Timothy M. Burke
    • Sean P. Callan
    • John E. Christopher
    • Amy M. Hebbeler
    • Patrick K. Hogan
    • Micah E. Kamrass
    • Ilana L. Linder
    • Jacklyn D. Olinger
    • Jacob W. Purcell
    • Jeffrey C. Sun
  • Practice Areas
    • Overview
    • Real Estate and Housing
    • Tax
    • Employment Issues
    • Corporate Governance
    • Grant-Making
    • Litigation
    • Risk Management & Hazing
    • Fundraising & Stewardship
    • State Registration for Greek Foundations
  • Client Resources
  • Anti-Hazing
  • Contact
    • Contact Us
    • Join Our Newsletter
    • Facebook
    • Twitter
    • Instagram
  • Newsletter

The health and safety of our employees, customers and communities are our top priority. Read about our response to COVID-19.

  • Home
  • About
    • Firm Overview
    • Experience
    • Fraternal Law Conference
    • Conference Sponsorship
  • Our Attorneys
    • Overview
    • Timothy M. Burke
    • Sean P. Callan
    • John E. Christopher
    • Amy M. Hebbeler
    • Patrick K. Hogan
    • Micah E. Kamrass
    • Ilana L. Linder
    • Jacklyn D. Olinger
    • Jacob W. Purcell
    • Jeffrey C. Sun
  • Practice Areas
    • Overview
    • Real Estate and Housing
    • Tax
    • Employment Issues
    • Corporate Governance
    • Grant-Making
    • Litigation
    • Risk Management & Hazing
    • Fundraising & Stewardship
    • State Registration for Greek Foundations
  • Client Resources
  • Anti-Hazing
  • Contact
    • Contact Us
    • Join Our Newsletter
    • Facebook
    • Twitter
    • Instagram
513-721-5525
Fraternal Law

Fraternal Law Newsletter

Publications

Newsletter


Articles

  • ACLU AND SIGMA ALPHA MU CHALLENGE CHAPMAN UNIVERSITY
  • CHARGES DROPPED AGAINST RIDER U. OFFICIALS
  • SUMMARY OF SCHEDULES AND FILING PROFILE June 14, 2007
  • DRAFT REVISED FORM 990 ISSUED
  • FILING REQUIREMENTS FOR EXEMPT ENTITIES NOT CURRENTLY REQUIRED TO FILE FORM 990
  • SECOND CIRCUIT REVERSES FREEDOM OF ASSOCIATION CASE

Search

Newsletter > November 2007 > "FILING REQUIREMENTS FOR EXEMPT ENTITIES NOT CURRENTLY REQUIRED TO FILE FORM 990"

FILING REQUIREMENTS FOR EXEMPT ENTITIES NOT CURRENTLY REQUIRED TO FILE FORM 990

Barbara Schwartz Bromberg, Esq, Dinsmore & Shohl


Smaller organizations (those normally having no more than $25,000 of gross receipts each year), churches and some other organizations did not have to file annual information returns (Form 990) prior to the passage of the Pension Protection Act of 2006 (“PPA”). The PPA requires all such organizations to electronically provide certain information annually (apparently on a calendar year basis), including name of an officer and “evidence of its continued exemption” from filing the annual return. This information will be subject to the exempt organization disclosure requirements, so that all such organizations will have to make this information publicly available upon request.  An organization that fails to file this information for three consecutive years loses its tax exemption. This provision applies to annual periods beginning after 2006.

In July, 2007, the Internal Revenue Service began mailing educational letters to more than 650,000 small tax-exempt organizations that may be required to submit the annual notice required under the PPA. The annual notice has been designated “Form 990-N Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required to File Form 990 or 990-EZ.” IRS expects to mail the letters over a period of several months, finishing in December, 2007.

According to its news release, the IRS calls the new form an “e-Postcard” because “it is short, easy and electronic.” Organizations will be able to submit it free of charge. The e-Postcard requires small organizations to provide a legal name and mailing address, any other names used, a Web address if one exists, the name and address of a principal officer and a statement confirming that the organization’s annual gross receipts are normally $25,000 or less.

The IRS continues to develop a free reporting system for the e-Postcard and an application to make the information available to the public on IRS.gov. The IRS says that information about these systems will be announced as soon as it becomes available.

There are many small fraternity organizations that have not been previously required to file Form 990.  This includes fraternal chapters, alumni(ae) associations and even some house corporations.  All national organizations should immediately inform all of their affiliates and subordinates of this new requirement and the penalty of loss of exempt status for noncompliance.

 

JOIN OUR NEWSLETTER

Attorney Advertising. The laws governing legal advertising in the state of Ohio require the following statement in any publication of this kind: "THIS IS AN ADVERTISEMENT." This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Copyright © 2023 Fraternal Law Partners. All rights reserved.

Privacy Policy Disclaimer
Fraternal Law

Newsletters

Sign Up For Updates

Get the latest news from Fraternal Law Partners in your inbox.

    By submitting this form, you are consenting to receive marketing emails from: Fraternal Law Parnterns. You can revoke your consent to recieve emails at any time by using the SafeUnsubscribe® Link, found at the bottom of every email. Emails are serviced by Constant Contact.