| Subject | Date Asked | Expert |
|
| Dance Team Booster Club | 7/8/2009 | Harvey Mechanic |
Q: Can a Booster Club only be designated for the varsity dance team. All funds, party, events, ...
A: The school may not conspire with the 501(c)(3) booster organization to require membership or sales ...
|
| What is required to be in the Bylaws? | 7/7/2009 | Harvey Mechanic |
Q: I am writing up a draft bylaws for our organization. I have found many samples on the internet. Some ...
A: http://snipr.com/cb5zq is the Nevada Nonprofit Corporation Code and your bylaws cannot contradict ...
|
| Fundraiser | 7/7/2009 | Harvey Mechanic |
Q: My client has been approached by another "group" who is putting together a lunch and bike ...
A: First we need to know in what states the raffle tickets will be sold. For State rules where you will ...
|
| salary | 7/7/2009 | Harvey Mechanic |
Q: I realize this may seem like a simple question; however, we receive Federal Funds and from what I ...
A: See www.com.ohio.gov/laws/docs/laws_MinimumWage.pdf for minimum wage amounts. ...
|
| Refund of Band Fees paid to a 501c3 account | 7/7/2009 | Harvey Mechanic |
Q: I am the treasurer for a high school marching band booster club. We operate as a 501c3 charity. I ...
A: Whatever the family gives may be returned to them but not the amounts from other persons (who ...
|
| What is required to be in the Bylaws? | 7/7/2009 | Harvey Mechanic |
Q: I am writing up a draft bylaws for our organization. I have found many samples on the internet. Some ...
A: I would need to know the subsection of IRC 501(c) under which the organization was incorporated. ...
|
| Conflict of Interest policy | 7/6/2009 | Harvey Mechanic |
Q: I copied IRS conflict of interest policy sample as a basis for our organization's policy. I want to ...
A: Yes, it is certainly valid. It appears all that you changed was the fact that, instead of the ...
|
| restriction amount of money earned 501(c)3 | 7/6/2009 | Harvey Mechanic |
Q: Is it true that a 501(c)3 cannot take in more than $25,000 a year in donations? Also, how long can a ...
A: www.tax.state.ny.us/pdf/2001/fillin/corp/ct247_601_fill_in.pdf is required for all 501(c)(3) ...
|
| Membership Age | 7/6/2009 | Harvey Mechanic |
Q: Our organization proveds services to a leadership youth group (ages 15-20) as well as other programs ...
A: I would need to know the subsection of IRC 501(c) under which the organization was incorporated and ...
|
| Nonprofit borrowing | 7/6/2009 | Harvey Mechanic |
Q: If a board member of a 501c3 nonprofit loans the organization a significant amount, say $100,000 at ...
A: A conflict of interest is present whenever a director has a material personal interest in a ...
|
| 501c3 violation | 7/6/2009 | Harvey Mechanic |
Q: If there is evidence of a 501c3 organization being in violation, what is the procedure and to whom ...
A: Complaints could go to your State's Attorney General's Office as that office generally oversees ...
|
| salary | 7/6/2009 | Harvey Mechanic |
Q: I realize this may seem like a simple question; however, we receive Federal Funds and from what I ...
A: I don't know what you mean by "and was asked on 06/29/2009". I have reviewed the questions on that ...
|
| Is a non-profit allowed to generate income? | 7/6/2009 | Harvey Mechanic |
Q: We are a non-profit youth club, comprised of multiple sports and 5,000 family members. We have been ...
A: See www.irs.gov/pub/irs-pdf/p598.pdf IRS Publication 598 "Tax on Unrelated Business Income of Exempt ...
|
| 501(c)(3) | 7/6/2009 | Harvey Mechanic |
Q: Can a non-profit 501c3 organization grant a large sum of money to an member. A soccer association ...
A: If the salary is no more than a reasonable amount it may be permitted. The IRS does not allow ...
|
| 501(c)(3) | 7/6/2009 | Harvey Mechanic |
Q: Can a non-profit 501c3 organization grant a large sum of money to an member. A soccer association ...
A: The organization trying to obtain 501(c)(3) organization status would need to reveal the salary ...
|
| Setting up a Donation Fund for Severly Injured Person | 7/5/2009 | Harvey Mechanic |
Q: I had no idea where to direct this question, so please feel free to redirect me if you are not the ...
A: 1. You may set up an account but As to charitable deductions: See IRS Publication 526 "Charitable ...
|
| restriction amount of money earned 501(c)3 | 7/5/2009 | Harvey Mechanic |
Q: Is it true that a 501(c)3 cannot take in more than $25,000 a year in donations? Also, how long can a ...
A: I am assuming from what you wrote to me that the organization is not a private foundation (you can ...
|
| 501 c 3 or c 7 | 7/5/2009 | Harvey Mechanic |
Q: Our all terrain vehicle (ATV) club is registered with the State of NH Treasury Department as an ...
A: If you don't have a TIN it appears that the funds are going into a bank account of another entity ...
|
| 501(c)(3) | 7/5/2009 | Harvey Mechanic |
Q: Can a non-profit 501c3 organization grant a large sum of money to an member. A soccer association ...
A: Salaries may be for 501(c)(3) organization purposes. It all depends upon the particular facts of ...
|
| 501(c)(3) | 7/5/2009 | Harvey Mechanic |
Q: Can a non-profit 501c3 organization grant a large sum of money to an member. A soccer association ...
A: First you asked about a 501(c)(3) organization granting money to a members. Your follow-up refers ...
|
| How can an individual receive a scholarship from a 501(c)(3) private foundation? | 7/4/2009 | Harvey Mechanic |
Q: One of my previous employers, who has a private 501(c)(3) foundation has offered to help me fund my ...
A: The main issue is that the IRS would treat the grant as if he gave to you directly and you already ...
|
| 501(c)(3) | 7/4/2009 | Harvey Mechanic |
Q: Can a non-profit 501c3 organization grant a large sum of money to an member. A soccer association ...
A: If the activities are for youth sporting, then such grants are allowed. From page 2 of ...
|
| non profit gallery in warehouse = tax deduction | 7/3/2009 | Harvey Mechanic |
Q: I want to start a non-profit art gallery. The key is i would like to house this gallery in a ...
A: No. See IRS Publication 526 "Charitable Donations" www.irs.gov/pub/irs-pdf/p526.pdf especially on ...
|
| use of non profit funds | 7/2/2009 | Harvey Mechanic |
Q: My daughter plays for a softball team, that the "team organization" is non profit, but they are ...
A: I have in my profile that this free forum is only for relevant IRS federal exemption issues of ...
|
| can a community foundation hold an LLC interest without generating UBIT | 7/2/2009 | Harvey Mechanic |
Q: I have interest in an LLC which I would like to donate to a 501(C)3, however this would cause ...
A: Passive investments (no active work required by the nonprofit) are not UBIT. See ...
|
| can a community foundation hold an LLC interest without generating UBIT | 7/2/2009 | Harvey Mechanic |
Q: I have interest in an LLC which I would like to donate to a 501(C)3, however this would cause ...
A: First I would need to know if the LLC interest comes with any management responsibility, like a ...
|
| Creating a separate legal entity | 7/2/2009 | Harvey Mechanic |
Q: The 501(c)3 organization that runs our athletic program operates with 3 distinct divisions. Each ...
A: It appears that you are referring to an organization that would be not running any athletic programs ...
|
| 501c3 Related Parties | 7/2/2009 | Harvey Mechanic |
Q: Is it legal for a 501c3 hospice to contract with the president of the board's daughter for physical ...
A: A conflict of interest is present whenever a director has a material personal interest in a ...
|
| Acknowledgement Letter | 7/1/2009 | Harvey Mechanic |
Q: We recently hosted a fundraising event that included purchasing a ticket, a live and silent auction ...
A: See the IRS Publication "Charitable Donations --- Substantiation and Disclosure Requirements" ...
|
| 501(c)3 employee expense | 7/1/2009 | Harvey Mechanic |
Q: Are employee's allowed to purchase alcohol on their expense report while attending a Goodwill ...
A: There are no special rules regarding expense for food or drink allowed for employees of 501(c)(3) ...
|
| Gymnastics Booster Club | 7/1/2009 | Harvey Mechanic |
Q: Is the team booster club violating IRS code for exempt organizations by requiring members to sell or ...
A: No. Division on the basis of fundraising is no allowed for 501(c)(3) organizations. If the majority ...
|
| little league do i apply for a 501 exemption | 7/1/2009 | Harvey Mechanic |
Q: i applied for a federal id number must i apply for a 501 exemption we have 2 fundrasiers a year and ...
A: The foundation may make their own requirement, for example, that they require that grantees already ...
|
| Conflict of interest/Private benefit | 6/30/2009 | Harvey Mechanic |
Q: I fear that the actions of the board members of my skating club may be jeopardizing our 510(c)3 ...
A: 1. See www.irs.gov/pub/irs-tege/eotopica93.pdf starting on pages 11 "Private Facility Owners" which ...
|
| Gymnastics Booster Club | 6/30/2009 | Harvey Mechanic |
Q: Is the team booster club violating IRS code for exempt organizations by requiring members to sell or ...
A: Yes, 501(c)(3) organization may not require membership or fundraising as a condition for grants. ...
|
| Board meetings for nonprofit | 6/30/2009 | Harvey Mechanic |
Q: New president of the board wants to hold closed meetings. This is a nonprofit for an athletic ...
A: You did not mention the articles of incorporation, a copy of which you can obtain from the State and ...
|
| Board meetings for nonprofit | 6/30/2009 | Harvey Mechanic |
Q: New president of the board wants to hold closed meetings. This is a nonprofit for an athletic ...
A: You would need to review articles of incorporation and bylaws to find the rights of persons who pay ...
|
| Booster Club donations to an LLC | 6/30/2009 | Harvey Mechanic |
Q: Can my sports league (an LLC) accept cash donations from a booster club (a non-profit)? If so, how ...
A: It appears that your sports league is not a tax-exempt organization. Therefore, funds given to your ...
|
| Change in 501(c)(3) by-laws without members consent | 6/29/2009 | Harvey Mechanic |
Q: I am a member of a religious organization (a church) which is recognized as a 501(c)(3) organization ...
A: You can see the Ohio Nonprofit Corporation law http://law.justia.com/ohio/codes/orc/jd_1702-729.html ...
|
| 501c3 vs 501c4 | 6/29/2009 | Harvey Mechanic |
Q: When our organization applied for federal non profit status we were given 501 C4 status. When we ...
A: It appears that the State of Florida was addressing another issue, because, before the IRS granted ...
|
| Change in 501(c)(3) by-laws without members consent | 6/29/2009 | Harvey Mechanic |
Q: I am a member of a religious organization (a church) which is recognized as a 501(c)(3) organization ...
A: I have in my profile that this free forum is only for relevant IRS federal exemption issues of ...
|
