| Subject | Date Asked | Expert |
|
| Does any 501(c) option make sense for a roller derby team? | 10/5/2008 | Harvey Mechanic |
Q: I am a player on an increasingly successful amateur roller derby team that is looking to ...
A: Yes, generally. http://www.npccny.org/info/gti2.htm reviews the Federal Volunteer Protection Act ...
|
| Does any 501(c) option make sense for a roller derby team? | 10/5/2008 | Harvey Mechanic |
Q: I am a player on an increasingly successful amateur roller derby team that is looking to ...
A: As the organization is not for youth aged 18 or under and is not on the level of national ...
|
| Sponsorship of Univ. Radio Station | 10/5/2008 | Harvey Mechanic |
Q: I'm with a private university radio station in Arizona and we are beginning to work on finding ...
A: Some acknowledgment of about 10 seconds is accepted for every half hour. More than that may be ...
|
| Sponsorship of Univ. Radio Station | 10/4/2008 | Harvey Mechanic |
Q: I'm with a private university radio station in Arizona and we are beginning to work on finding ...
A: If the sponsors and the university sign an agreement that the funds would be going to the Radio ...
|
| Can a 501c3 Own a Majority Interest in a for-profit corporation | 10/4/2008 | Harvey Mechanic |
Q: Can a 501c3 own a majority interest in a for-profit corporation and then receive divident/profit ...
A: A 501(c)(3) organization may invest in for-profit corporations in a passive way and the dividends to ...
|
| 501c3 Owning Income-Producing Real Estate | 10/4/2008 | Harvey Mechanic |
Q: We would like to hold commercial real estate investments that produce income inside of the ...
A: Generally it is taxable as their is debt-financing. Please read pages 14-19 on Unrelated ...
|
| nonprofit board meetings | 10/3/2008 | Harvey Mechanic |
Q: do the employees of a nonprofit museum have a right to go to board meetings or to see the minutes of ...
A: Unless specified in the Articles of Incorporation or bylaws they would not have such rights unless ...
|
| Religious Org vs. Church | 10/3/2008 | Harvey Mechanic |
Q: I am starting a 501c3, however, I would like to know if there are any tax advantages to registering ...
A: It would already need to have a congregation but the period of time is not clear. I have not seen ...
|
| Religious Org vs. Church | 10/3/2008 | Harvey Mechanic |
Q: I am starting a 501c3, however, I would like to know if there are any tax advantages to registering ...
A: The fact that your organization is "interfaith" does not, in itself, preclude church designation. ...
|
| 501(c)7 vs 501(c)10 | 10/3/2008 | Harvey Mechanic |
Q: What is the difference between 501(c)7 and 501(c)10 organizations?
A: A 501(c)(7) social or recreational organization is discussed at www.irs.gov/irm/part7/ch10s10.html ...
|
| Donation of Clothes to Pastor | 10/3/2008 | Harvey Mechanic |
Q: We are a private Christian school and have reached out to neighboring pastor with the purchase of ...
A: It appears that you are giving clothes to be used by the Pastor. I am assuming that your private ...
|
| Can you use same EIN number from business for a non-profit corp. | 10/3/2008 | Harvey Mechanic |
Q: I am currently volunteering as a coach for a equestrian drill team, the team was formed by a friend ...
A: A new EIN would need to be obtained as EIN numbers go to different type of entities. See ...
|
| Designated offering in a church | 10/2/2008 | Harvey Mechanic |
Q: Can a finance committee or pastor or deacons change a designated offering or gift to the church and ...
A: You can certainly ask for a refund of the $500. But, generally, donors give up any authority over ...
|
| donations do I have to make one | 10/2/2008 | Harvey Mechanic |
Q: if I am going to see the Maharaji and he asks for $125 donation do I have to give one?
A: I would need to see the particular writing in which that $125 is mentioned. Sometimes people use the ...
|
| Differing Fiscal Years | 10/2/2008 | Harvey Mechanic |
Q: I read your posting on how to change your fiscal year which I may find very useful, depending on ...
A: It appears that you are stating the your 1023 application for exemption had an incorrect fiscal year ...
|
| Renting to a 501(c)(3) | 10/2/2008 | Harvey Mechanic |
Q: Are their any inherent problems renting to a 501(c)(3) organization? I have requested: 1. ...
A: Small 501(c)(3) organizations generally have a problem with governance more than regular for-profit ...
|
| Non-profit 501c3 all star cheerleading booster club | 10/2/2008 | Harvey Mechanic |
Q: Can a person use raised monies through an non-profit 501c3 organization and pay different gym then ...
A: No. The Board of Directors may not allow individuals to use money that was fund-raised by them or ...
|
| The Presidents athority | 10/1/2008 | Harvey Mechanic |
Q: We have a President of our booster club that picks which by-law she wants to use. She all so ...
A: Get one of the recent Board members to file a court action. That is all that I can think of. If ...
|
| Church Incorporation | 10/1/2008 | Harvey Mechanic |
Q: Since I will not incorporate my church, I should apply for EIN as an unincorporated association. Is ...
A: The EIN itself does not grant the goverment any additional authority over your organization. If, in ...
|
| Church Incorporation | 10/1/2008 | Harvey Mechanic |
Q: I have been researching and I have found out that a church is not required to incorporate, which was ...
A: See instructions to Application for Exemption www.irs.gov/pub/irs-pdf/i1023.pdf in the right column ...
|
| Church Incorporation | 10/1/2008 | Harvey Mechanic |
Q: Since I will not incorporate my church, I should apply for EIN as an unincorporated association. Is ...
A: I don't know what you mean by free church, but unless you want to run the church under your Social ...
|
| Board liability | 10/1/2008 | Harvey Mechanic |
Q: Board members of our non-profit have not filed 990s since 2005 nor have they completed a 1023. We ...
A: Usually officers, not Board members would be the person responsible for non-filing, but it would ...
|
| gift certificate - auction | 10/1/2008 | Harvey Mechanic |
Q: Non-profit located in California. Regarding Live Auction item - does an auction item have a built ...
A: Well it comes down to whether he is due a refund and that is questionable as it has been 4 years. ...
|
| New Income for 501(c)7 | 10/1/2008 | Harvey Mechanic |
Q: While I am not sure whether we are filed as a 501(c)3 or 7, I am sure the answer would reflectt he ...
A: I would need to know whether yours is a (c)(3) or (c)(7). You can easily find out in the Articles ...
|
| Domain name/web site for 501(c)(3) | 10/1/2008 | Harvey Mechanic |
Q: Our high school alumni association is a registered 501(c)(3) charity. Is it a requirement for our ...
A: You may use any extension type url, either .org or .com is fine. --start of excerpt --- Although ...
|
| CHARITABLE CONTRIBUTION? | 9/30/2008 | Harvey Mechanic |
Q: Harvey: Our church is going to hire a banjo picker to perform at our Harvest Celebration. The cost ...
A: Usually the IRS does not go after churches for events like that as most of the labor is performed by ...
|
| Non profit organization | 9/30/2008 | Harvey Mechanic |
Q: I am a part of a organization of about 70 families. We want to be incorporated as non profit. ...
A: You could incorporate, if you wish, in your state under the nonprofit provisions, as yours appears ...
|
| CHARITABLE CONTRIBUTION? | 9/30/2008 | Harvey Mechanic |
Q: Harvey: Our church is going to hire a banjo picker to perform at our Harvest Celebration. The cost ...
A: The answer depends upon whether the Harvest Celebration is an unrelated business activity of your ...
|
| gift certificate - auction | 9/30/2008 | Harvey Mechanic |
Q: Non-profit located in California. Regarding Live Auction item - does an auction item have a built ...
A: It appears that the item was "sold" according to the law on California gift certificates and, ...
|
| gift certificate - auction | 9/30/2008 | Harvey Mechanic |
Q: Non-profit located in California. Regarding Live Auction item - does an auction item have a built ...
A: The organization must send to the IRS a 1099-Misc indicating the amounts of the refunds given to ...
|
| Airline Ticket paid by Non-profit | 9/30/2008 | Harvey Mechanic |
Q: If a donation of $2,000 is made with direction that a airline ticket needs to be purchased for a ...
A: It appears that by "a student" you don't mean a student from a large list of students, but a ...
|
| tax lien | 9/30/2008 | Harvey Mechanic |
Q: If a client wishes to form a non profit corporation and has a state tax lien in the state he is ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
|
| 501(c)3 | 9/30/2008 | Harvey Mechanic |
Q: I want to have a sports camp in WV. I would like to know if it will qualify as a tax-exempt, ...
A: Before we look at the gross income we need to look at the organizational documents and operation to ...
|
| 501(c)3 fundraising | 9/30/2008 | Harvey Mechanic |
Q: Can a 501(c)3 youth sports organization mandate that youth participants sell a specific dollar ...
A: The IRS may have a problem with a 501(c)(3) organization allowing individuals to collect funds to go ...
|
| 501c3/raffle | 9/29/2008 | Harvey Mechanic |
Q: Question I have a 501c3 charity in the state of Florida/all funds go to education.My question is ...
A: Raffles would be controlled in each state where they are held. See ...
|
| NON PROFIT LOANING MONEY TO A CITY? | 9/29/2008 | Harvey Mechanic |
Q: would it be legal for a hospital foundation (501 (c)(3) - to make an interest bearing loan to the ...
A: Yes. There is no prohibition on a 501(c)(3) organization making an investment as long as the ...
|
| Board of Directors Elections | 9/29/2008 | Harvey Mechanic |
Q: I am currently on the BOD for a youth sports league. There is nothing in the bi-laws of our league ...
A: It would depend whether yours is a Public Benefit or Mutual Benefit, but ...
|
| Board of Directors Elections | 9/29/2008 | Harvey Mechanic |
Q: I am currently on the BOD for a youth sports league. There is nothing in the bi-laws of our league ...
A: What you are referring to is what is called Roberts Rules of Order which does not have any validity ...
|
| bylaws/board members | 9/29/2008 | Harvey Mechanic |
Q: I am essentially an administrative assistant doing the paperwork to form a non-profit, tax-exempt ...
A: This forum is only for federal tax questions regarding 501(c)(3) public charities as I have ...
|
| nonprofit money lending | 9/29/2008 | Harvey Mechanic |
Q: Can a 501(c)(3) hockey association lend money to a student hockey team upfront in the year so they ...
A: I am assuming that the 501(c)(3) hockey association is well within its exempt purposes if it gives ...
|
