Author Topic: Treasurer's Report  (Read 2900 times)

GregB

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Treasurer's Report
« on: September 08, 2010, 02:34:15 PM »
1. Income/Expense summary attached. Nothing unusual there.

2. SUNYLA appeared on a recent IRS list of small non-profits at risk of losing their status due to not filing required documents for the past 3 years. I've investigated the requirements and filed the e-card for 2009, and it was accepted electronically.

I called the IRS to verify that we were now in compliance and their systems are slow, so the person I spoke to couldn't see the form I'd filed yet. He told me that I should receive another email from them in 3-5 business days that might include additional filing requirements but that because the people who made the rules and the people who made the online filing software apparently live on different planets, I can't file the other paperwork with the online form, but will have to call the IRS again and do it over the phone, but only after I receive the second email.

So, at this point, I'm waiting for that email and if I don't get it by the end of the week, I'll call again to follow up. I don't anticipate any problems with this, it's just a matter of me making sure I get confirmation that we've filed what we need to, but I wanted to keep you all posted.

Angela Weiler

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Re: Treasurer's Report
« Reply #1 on: September 09, 2010, 07:03:15 PM »
Interesting ... I wasn't aware that we *ever* filed any IRS reports on an annual basis.