anon336302
Post 22
|
There is a 501c3 non profit company that owns apartment complexes throughout California. What I see from this nonprofit company is that it destroys families and leaves them homeless. After your three day notice, they will evict you. This company has a very, very high eviction rate -- higher than anyone else. This company should not be registered as a nonprofit. They claim to help people, but are only interested in money and not helping people. It's a smoke screen.
|
|
|
|
|
anon323744
Post 21
|
If a 5013c hospital has state retirement and it becomes too costly for the organization, can the the organization get out of the state retirement system?
|
|
|
|
|
anon281956
Post 20
|
Can more than one use the same 501(c)3?
|
|
|
|
|
anon218426
Post 19
|
How as a constituent can I get profit/loss information from a CA 501(c)3 entity in its first year of operation before the requirement for annual reports and/or tax return needs to be filed?
|
|
|
|
|
anon142236
Post 18
|
I have questions about a school PTC parent teacher club. How does this work? Does the PTC have to get a 501c3. If they have a federal tax ID number is that enough?
|
|
|
|
|
anon120122
Post 16
|
A 501c3 company I am involved with is being run, I think on the shady side. The director does not provide a report to the board each month. He uses the company to sell his personal belongings without putting any portion of the profit toward the company. He takes a percentage of all profits on all sales. The board is expected to "volunteer" to work regular shifts, clean toilets, sweep, arrange displays, etc., while I have never seen any of these changes when he works. He leaves us notes on why we didn't do a particular chore, yet none of these chores are done after his shift. Any comments?
|
|
|
|
|
anon85556
Post 15
|
If I am leasing to a 501C3 and agree that I will take a portion of their rent as a contribution from them, what percentage is allowed and how does this work?
|
|
|
|
|
anon71102
Post 14
|
If I have a nonprofit organization and I own an apartment complex, can I collect from funds collected? If not, why?
|
|
|
|
|
anon59992
Post 13
|
This all sounds like a C Corp acting like a 501C3. Can a C Corp convert to a 501C3 Status?
|
|
|
|
|
anon42884
Post 12
|
What are the pre-requisites regarding unemployment? Do we have to provide it for deployed personnel and if we do is that OK?
|
|
|
|
|
anon39601
Post 11
|
My 501c3 needs to change its web site from .org to .net and also the e-mail addresses for its members. Do I need to notify the federal government or NJ state government of this change?
|
|
|
|
|
anon39567
Post 10
|
If a 501c has its charter pulled by a national organization, the real property and assets must be donated to another 501c. If there are no designated trustees, who has the right to make this donation and who has control until this donation is made?
|
|
|
|
|
anon19489
Post 9
|
|
|
|
|
|
littleredbug
Post 8
|
I found answers to my own question. Even if you make less than $25000/annum, you have to file for 501c3. But if you don't expect more than $5000/annum, you don't have to file for 501c3. In the former case, the tax form to be filed after receiving the 501c3 status is 990-N online form.
Regarding not being able to drop any child from the team, I don't think that is true. Whatever your tax exempt purpose is, you have to state that and follow it. For the form f1023, just google f1023 and the first result will be from the IRS website.
Same goes for the instructions to it - i1023. This document includes who can apply and what they need to do retain their status
|
|
|
|
|
anon10874
Post 7
|
I have reason to believe that a 501(c)(3) organization in the area is not running their soccer club in the manner which is determined by their 501(c)(3) status. They presently have no treasurer (and have not had one for the last 12 months), there are no regular board meetings, no minutes have been taken for the last 18+ months, they owe money to many creditors and have a president who uses his own personal money to fund the organization (during cash flow problem periods) and then writes himself/signs a check from the 501 company back to his own personal or business account without presenting any form of documentation to support the fact that he put the money into the 501 company in the first place. There are so many more operating and financial irregularities. Questions:
How do I get access to this club's financial records (including copies of their check register etc)?
Where do I find details of how a 501 (c)(3) organization should be operating and what their reporting procedures are supposed to be (i.e., how should a board conduct itself, what changes should they report to the IRS, can they operate without a treasurer)?
|
|
|
|
|
littleredbug
Post 6
|
Does a charitable organization that has gross receipts of less than $25,000/annum have to file for 501c3 so that it's not taxed by the federal government?
Our organization was registered in Maryland and we file an exemption form with the State of MD every year. We don't have 501c3 yet. Do we have to pay taxes if we don't file it within 27 months of our inception?
|
|
|
|
|
anon4868
Post 5
|
My local boys and girls track club is seeking 501(c) status, but as a youth sports team we were advised that we would no longer be able to cut anyone from our team if we achieve this status. Is that true? Must we keep every child who attempts to join our organization regardless of ability and behavior?
|
|
|
|
|
TMallette
Post 2
|
My question is about the tax exempt status of the 501c3. We lease a space to a corporation that is a 501c3. Under the lease, they are responsible for additional rent in proportion to their % of the leased space, which includes real estate taxes. However, this tenant had advised me of their 501c3 status.
Are they exempt from paying real estate taxes?
|
|