Articles, Memos and Power Point Presentations

The Nonprofit Nexus Library includes information generally applicable to any type of charity. In addition, there is a separate section below which is focused on religious corporations.

Alert - May 15, 2010 - Last Deadline - IRS Notice

• Small tax-exempt organizations whose annual gross receipts are normally $25,000 or less are required to electronically submit Form 990-N,( or e-Postcard), unless they choose to file a complete Form 990 or Form 990-EZ.
• If you do not file your e-Postcard on time, the IRS will send you a reminder notice and you will not be assessed a penalty for late filing the e-Postcard.
• However, an organization that fails to file required e-Postcards (or information returns – Forms 990 or 990-EZ) for 3 consecutive years will automatically lose its tax-exempt status. The revocation of the organization’s tax-exempt status will not take place until the filing due date of the third year.

For More Information
e-Postcard Filing

Charity Governance Issues

• Charities Formation
• Board of Directors' or Trustees' Legal  Duties
• Officers & Directors - Liability Insurance

IRS/NYS/NYC Laws

• Donations & Deductions
• Election Guidelines
• IRS Annual e-Filing - Small Orgs.
• NYC Property WebSite
• NYC Property Owners - Water & Sewer Exemption

Religious Corporation - Governance & Fiscal Memos

• Synagogues & Bylaws

Questions
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