080710 Nonprofit Deadline

Embed Size (px)

Citation preview

  • 8/7/2019 080710 Nonprofit Deadline

    1/1

    WB_VOICE - CVDAILY - 7 - 08/07/10 WB_VOICE/PAGES [T07] 08/06/10 22:24 SUPERIMPWB

    Nonprofits face October deadline to retain tax-exempt statusBy Patrick SweetStaff Writer

    George Tomasak wasshocked tohear that the orga-nization he presides over, theLuzerne County Chapter ofthe InternationalAssociation

    of Firefighters, is at risk oflosingits tax-exemptstatus.The firefighters union is

    one of more than 400 non-profits on theInternal Reve-nue Services list of organi-zations that havefailed to fileappropriate paperwork forthreeconsecutive years.

    Oh wow, Tomasak said.I had no idea. Ill have tolook into that.

    Up until 2007, though, themajority of organizations,including the union, werenotrequired to file a form990

    the IRS form that previ-ously only applied to non-

    profits with more than$25,000 in gross receipts.

    In 2006, Congress passed

    the Pension Protection Act

    which established the filing

    requirement and permitsthe

    IRS to automatically revoke

    the tax-exempt status of the

    smaller organizations.Like the IAFF, though,

    manyof the small nonprofits

    were unaware that they are

    at risk. The IRS recognizes

    that andis giving theat-risk

    organizations until October

    15 to submitthe filing.

    We believe its important

    to give these organizations

    an opportunity to preserve

    their valuable tax exemp-

    tion, IRS commissioner

    Doug Shulman said during aJuly 26 conference call tran-

    scribed on the services web-

    site.

    The organizations listedon theIRSs website includemany veterans associations,gun clubs and charity andaid groups.

    Many of the groups, suchas the Wilkes-Barre Down-town Committee, are defunct

    organizations. The HistoricPreservation Society ofLuzerne County whichh a s n o r e la t io n t o t h eLuzerne County HistoricalSociety also made the list

    though it has not been oper-ating since the1990s.

    Evenmore surprising, Lit-tleLeague BaseballInc. madethe list. This league, though,was the one established inthe 1950s and holds no rela-tion to the Williamsport-

    based organization holdingthe Little League WorldSeries in a few weeks. IRS

    tax filings proving the mod-ern-day league is up-to-dateon its paperwork are avail-able at www.guidestar.org a website that publishes 990filings and other nonprofitinformation.

    The IRS is encouraging

    small nonprofits to checktheirtax-exemptstatusesandvisit its website, www.irs.gov,

    for more information.Its really important for

    small charities to pay atten-tion to this announcement,Shulman said.Thesegroupsdo great work in communi-ties acrossthe UnitedStatesandare vital to the vibrancy

    of our nation.

    [email protected], 570-821-2117

    BELLESCONSTRUCTION CO.

    THE BESTROOFING

    SIDING

    WINDOWS

    &

    CARPENTRY

    824-7220

    PA012959

    Free & open to thepublic. Rain or Shine.

    Location: MainOffice, 640 Baltimore Drive, WB. WWW.CROSSVALLEYFCU.ORG(570) 823-6836

    Your Community Credit Union

    Learn More About Our...

    Live Remote W/

    Frankie Warren

    Join

    Us!

    Join

    Us!

    Artby 2010Color

    ingContestWinn

    er &ScottieSav

    erDanteEyer,Ag

    e12

    Games! PonyRides!Face Painting! Cotton Candy!Prizes! Sundae Stand!Free Child ID Kits!!

    & Much More!

    New Hours!!!

    Saturday,

    August 7, 2010

    Saturday,

    August 7, 2010

    Saturday,

    August 7, 2010

    rsvp via facebook

    12NOON - 3:00PM

    12NOON - 3:00PM

    12NOON - 3:00PM

    MagicShow!featuringJustin Credible!!!

    complimentsofLiberMutal

    RAISED PANEL OAK CABINETSALL WOOD READY TO ASSEMBLE

    * IN STOCK*

    ECONOMY LUMBER CO.2 SOUTH MAIN ST., ASHLEY, PA 829-5621

    WALL CABINETS BASE CABINETS DRAWER BASESWxH

    9x30 $3900

    12x30 $4700

    15x30$

    5300

    18x30 $6100

    21x30 $6500

    24x30 $7500

    30x30 $8400

    36x30 $9500

    30x15 $5400

    30x18 $5600

    36x15 $5900

    24x30 $9500Angle Corner

    ALSO BATHROOMVANITIESINSTOCK!

    9 Wide $5900

    12 Wide $6500

    15 Wide $720018 Wide $7300

    21 Wide $8200

    24 Wide $9100

    27 Wide $10100

    30 Wide $10800

    36 Wide $12000

    42 Wide $13800

    36 Susan $21900

    15 Wide $11000

    18 Wide $11200

    21 Wide $1150

    SINKBASES

    30 Wide $10500

    36 Wide $11200

    42 Wide $12200

    60 Wide $15200

    Delores& Many

    Healthy More!

    Happy

    Birthday

    Celebrating52nd Year In Business!

    Complete Landscape Design & InstallationWater Features Brick Pavers

    Rare & Unusual Trees & Shrubs Colored Concrete WorkTree Pruning & Shrub Trimming Lawn Renovations

    Retaining Walls Landscape Lighting

    THE

    CITIZENSVOICE

    SATURDAY,AUGUST7,2010

    7