28 July 2010

Is your non-profit organization about to lose that status with the IRS?

Lori Thornton posted a timely item on her Smokey Mountain Family Historian blog and I urge you to read it. Your genealogical, historical, or family organization's non-profit status might be in jeopardy. As Lori said, "There are many historical societies, Friends of the Library organizations, cemetery associations, fraternal organizations, and DAR chapters among those in danger."

That tax-exempt status may be gone simply because your organization did not fill out the proper forms and submit them to the IRS. Notices were sent to organizations, newspaper and online articles have talked about it, and for genealogical societies that are members of the Federation of Genealogical Societies, they received reminders in the FGS Voice.

The IRS has extended the deadline so urge your organization's board members to read Lori's post and also this article from the July 27th Minneapolis St. Paul Star Tribune. That article states that the delinquent organizations in Minnesota alone total about 4,000!

No comments: