Local organizations in danger of losing tax-exempt status
Published 2:08 pm Thursday, July 29, 2010
Several non-profit organizations in Brewton, East Brewton and Flomaton are in danger of losing their tax-exempt status, the Internal Revenue Service announced this week.
The organizations failed to file required returns for 2007, 2008 and 2009, but can preserve tax-exempt status by filing returns by Oct. 15 under a one-time relief program, IRS officials said.
“We are doing everything we can to help organizations comply with the law and keep their valuable tax exemption,” IRS Commissioner Doug Shulman said in a statement. “So if you do not have your filings up to date, now’s the time to take action and get back on track.”
Two types of relief are available for small exempt organizations — a filing extension for the smallest organizations required to file Form 990-N, Electronic Notice, and a voluntary compliance program (VCP) for small organizations eligible to file Form 990-EZ, Short Form Return of Organization Exempt From Income Tax.
Small organizations required to file Form 990-N simply need to go to the IRS Web site, supply the eight information items called for on the form, and electronically file it by Oct. 15. That will bring them back into compliance.
Under the VCP, tax-exempt organizations eligible to file Form 990-EZ must file their delinquent annual information returns by Oct. 15 and pay a compliance fee. Details about the VCP are on the IRS web site, along with frequently asked questions.
If an organization loses its exemption, it will have to reapply with the IRS to regain its tax-exempt status. Any income received between the revocation date and renewed exemption may be taxable.
Organizations in the Brewton area include:
ACT Inc., Brewton
American Postal Workers Union, Brewton
Ball Hill Hunting Club Inc., Brewton
Brewton Youth Football Inc., Brewton
Escambia County Historical Society, Brewton
Escambia Search Dog Association, Brewton
Jesus Is Lord Ministries Inc., Brewton
Kingdom Resource and Development Inc., Brewton
Nationalized Management Services Inc., Brewton
Order of the Eastern Star, Brewton
Pine Grove Community Outreach Inc., Brewton
Pineview Foshee Volunteer Fire Department Inc., Brewton
Sepulga River Hunting Club Inc., Brewton
Southwest Alabama Transit System Inc., Brewton
Called-Out Minsitries Inc., Castleberry
Order of the Eastern Star, Castleberry
International Brotherhood of Electrical Workers, Flomaton
Flomaton Volunteer Fire and Rescue Inc., Flomaton
Travelers Rest Cemetery Association, Flomaton
Turtle Point Foundation, Flomaton