John Casillas. Florig Basa Beng 17 Apr Heather Young 25 Feb Chris LeMay 11 Feb William Jaaskela. Michelle Cannon 17 Jan Herbert Suydan. Tarrance Darmon Austin Sr. Alfiee Breland-Noble 15 Oct Yusuf Abdul-Alim - Rodrick Washington. Joseph Jenkins. Ernie Fletcher. Kathy Rushworth. Sara Springer. Phillip Stumpf. Women Igniting Change. Kathryn Lopeman 29 Aug Redboy G Mac 29 Aug Velly Duverny. Kevin McKinnon. Renee Peddie. Kay Hagey 04 Jul Kristy Newstrom 10 Jun Candy Hein 16 Apr Dr Denise M Robinson.
Patti Vaughn 27 Nov Terry Clarke Murphy 30 Oct Robert Kenmore 26 Sep Mark Moore Jr. Shannon Kern 26 Jul Felicity Love. Sandy Dee 14 Jun GL Skye 14 Jun Obidozie Williams 14 May Victoria Wright 13 May Francisco Santander 17 Apr Rebecca Gigliotti-Barton 01 Feb Lynn M. Scates Adams 18 Jan Jean Blackburn 21 Dec Rodney L Smith Jr. Jason Raber 12 Dec But these organizations can maintain their tax-exempt status if they heed the rules in six areas:.
Note: The following subjects are described briefly. The intent of a c 3 organization is to ensure it serves a public interest, not a private one. If a c 3 organization engages in inurement or substantial private benefit, the organization risks losing its exemption. Additionally, insiders guilty of inurement may be subject to excise tax. When an organization contacts, or urges the public to contact, members or employees of a legislative body for the purpose of proposing, supporting, or opposing legislation, or when the organization advocates the adoption or rejection of legislation, it is lobbying.
This is known as a h election, so-named for the section of the Internal Revenue Code where the rules for the expenditure test are spelled out. This substantial part test is a more subjective method compared to the more mathematical, objective expenditure test. All section c 3 organizations are prohibited from directly or indirectly participating in, or intervening in, any political campaign on behalf of or in opposition to any candidate running for public office.
The prohibition applies to all campaigns federal, state and local level. Once an organization is categorized as a c 3 , the designation remains as long as the organization exists, unless it is revoked by the IRS. To remain tax-exempt under Section c 3 , an organization is also required to remain true to its founding purpose.
If an organization has previously reported to the IRS that its mission is to help less privileged individuals gain access to a college education, it must maintain this purpose. If it decides to engage in another calling—for example, sending relief to displaced families in poverty-stricken countries—the c 3 organization has to first notify the IRS of its change of operations to prevent the loss of its tax-exempt status.
While some unrelated business income is allowed for a c 3 organization, the tax-exempt charity may not receive substantial income from unrelated business operations. Any unrelated business from sales of merchandise or rental properties must be limited. Organizations that meet the c 3 tax category requirements can be classified into two categories: public charities and private foundations.
The main distinction between these two categories is how they get their financial support. A public charity is a nonprofit organization that receives a substantial portion of its income or revenue from the general public or the government. At least one-third of its income must be received from the donations of the general public including individuals, corporations, and other nonprofit organizations.
If an individual donates to an organization that is considered a public charity by the IRS, they may qualify for certain tax deductions as a donor that can help them lower their taxable income. A private foundation is typically held by an individual, family, or corporation, and obtains most of its income from a small group of donors. Private foundations are subject to stricter rules and regulations than public charities. All c 3 organizations are automatically classified as private foundations unless they can prove they meet the IRS standards to be considered a public charity.
The deductibility of contributions to a private foundation is more limited than donations for a public charity. To apply for tax-exempt status under section c 3 , most nonprofit organizations are required to file Form or Form EZ within 27 months from their date of incorporation.
The charitable organization must include its article of incorporation and provide documents that prove that the organization is only operating for exempt purposes.
However, not all organizations that qualify for the tax category need to submit Form Even though it is not required, they may still choose to file the form to ensure that donations made to their organization will be tax-deductible for donors. The c 3 status offers a myriad of benefits to the designated organizations and the people they serve. For example, c 3 organizations are exempt from paying federal income and unemployment taxes, and patrons who donate to them are allowed to claim a tax deduction for their contributions.
To help with funding and further their mission, these organizations are eligible to receive government and private grants. To qualify, the organization must have a need for and a mission aligned to the purpose of the grant. In addition, c 3 organizations often receive discounts from retailers, free advertising by way of public service announcements, and food and supplies from other non-profit organizations designed to help in times of need. A c 3 could be the lifelong dream of its founder; however, once established as a c 3 , it no longer belongs to its founder.
Rather, it is a mission-oriented organization, belonging to the public. To maintain its favorable tax treatment, it must operate within the confines of the law pertaining to c 3 organizations.
Because the organization serves the public, it must operate with full transparency. Therefore, their finances, including salaries, are available to the public and subject to their review. The American Red Cross, established in and congressionally chartered in , is one of the United States' oldest non-profit organizations.
The Red Cross's mission is to prevent and alleviate "human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. Located in more than countries, the Red Cross operates the largest network of volunteers in the world. The National Red Cross and Red Crescent Societies, which include the American Red Cross, aim to relieve human suffering globally by empowering subordinate organizations to operate within its nation's borders to provide disaster relief, education, and other related services.
The International Federation of Red Cross and Red Crescent Societies provide global humanitarian aid during peacetime, such as assisting refugees. The International Committee of the Red Cross provides humanitarian relief for people affected by war or other armed conflicts.
As a c 3 organization, patrons can contribute to the Red Cross and receive a tax deduction. To create a c 3 , you must define the type of organization and its purpose or mission. Before selecting a name, search to ensure that it is not taken.
Otherwise, secure the name when filing the articles of incorporation. The articles of incorporation must be filed with the state in which it will be organized and according to the state's rules for non-profit organizations. After filing, apply for the c 3 IRS exemption Form and state tax exemption for non-profit organizations. Upon completion, create your organization's bylaws that specify how the organization will be structured and governed.
Finally, appoint and meet with your board directors.
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