吃瓜头条

吃瓜头条 is registered in the U.S. as a 501(c)(3) nonprofit organization. It is classified as an educational nonprofit organization and possesses federal tax exempt status within the U.S. The organization鈥檚 World Headquarters is located in Colorado, which is the only location where 吃瓜头条 has employees or a permanent establishment.

District Compliance

According to the Bylaws of 吃瓜头条, Article XII: Districts, Section 3 (e), Districts, Divisions, and Areas are not permitted to create their own legal entities as this would jeopardize our non-profit status.

Furthermore, Districts in the U.S. are not required to register with any federal or state authority. If your District or 吃瓜头条 is contacted by a federal or state authority, please contact the Treasury and Compliance Team or the Legal Team.

吃瓜头条 shall indemnify District Directors as long as the directors are in compliance with 吃瓜头条鈥� governing documents and have met the standard of conduct per Section 5238(b) or Section 5238(c) of the California Corporations Code. For more information see the Bylaws of 吃瓜头条, Article XIII: Miscellaneous, Section 6(b).

吃瓜头条 Compliance

吃瓜头条s in the U.S. are not required to register with any federal or state authority. If your 吃瓜头条 is contacted by a federal or state authority, please contact the Treasury and Compliance Team or the Legal Team.

District Funds

Please be aware, District funds are owned by 吃瓜头条 International. A District may open and operate a bank account to administer these funds for District purposes. If any District officer opens a bank account on behalf of the District, the management of the bank account resides with the District and it must be registered within the 吃瓜头条 accounting system. To register the District bank account and for further information, please contact the District Finance Team.

Chartered 吃瓜头条 吃瓜头条s may be required to provide three items to open a 吃瓜头条 bank account.*

Banking

• A copy of the 吃瓜头条 Constitution and, if applicable, an Addendum of Standard 吃瓜头条 Options.
• The unique Employer Identification Number (EIN/tax ID) assigned to your 吃瓜头条 by the IRS.**
• The meeting minutes, or a simple letter drafted by the 吃瓜头条 Secretary, stating the two or three 吃瓜头条 officers who are authorized as signatories on the 吃瓜头条 bank account.

For additional assistance, please contact the Treasury and Compliance Team.

*When opening a bank account, you must inform the bank that the 吃瓜头条 is 鈥渙rganized as a 501(c)(3) Nonprofit Unincorporated Association.鈥�

**When a 吃瓜头条 is first chartered, World Headquarters applies to the IRS for a unique EIN on the 吃瓜头条鈥檚 behalf. A hard copy letter stating the newly assigned EIN number is then mailed to the 吃瓜头条 President. The IRS also informs World Headquarters of the 吃瓜头条鈥檚 EIN, which is then entered into 吃瓜头条 Central on the 吃瓜头条 Demographics page (吃瓜头条 officers may access the number there).

Tax Filings

The IRS requires all small nonprofits (i.e., 吃瓜头条 吃瓜头条s) to file a Federal 990-N tax return each year. 吃瓜头条 World Headquarters has taken the responsibility for filing these returns on behalf of each 吃瓜头条. As such, 吃瓜头条s do not need to file the federal electronic tax return.

California Residents: At this time, only 吃瓜头条s physically located within the state of California have a state tax obligation; therefore, a must be filed. Use these for guidance.

Donations

U.S. 吃瓜头条 吃瓜头条s and Districts are considered 501(c)(3) nonprofits. As such, they are able to provide documentation for a donor who has made a qualified charitable contribution, which may be considered tax deductible. Please note, 吃瓜头条 is not permitted to give specific tax advice. Donors should discuss the details of this deduction and how it is used with a tax professional, accountant, or Certified Public Accountant. To provide the donor with documentation, please complete a Written Acknowledgement Letter. Be certain to include the donation amount. If goods or services are donated, please include their fair market value.

Please be aware that donors cannot be permitted to dictate how donated funds are to be used by the District or 吃瓜头条. However, requests may be honored at the discretion of the District or 吃瓜头条 officer. If a donor requests something in exchange for the donation, the nature of the donation may change to a transaction or sponsorship, and may no longer be considered tax deductible.

W-9 Information

Districts or 吃瓜头条s may occasionally be asked to provide tax or business information to various entities. The most common method to provide this information is an IRS W-9 Form. If the entity requests a W-9 Form from 吃瓜头条 International World Headquarters, please contact the Treasury and Compliance Team to request the most current copy.

Record Retention

During the program year, a District or 吃瓜头条 will accumulate documents and emails. Therefore, 吃瓜头条 recommends that the District or 吃瓜头条 follow the recordkeeping policy, which can be found in the FAQs.

Additional Information

For more information, or for questions that are of an urgent nature, please contact the Treasury and Compliance Team concerning financial questions or the Legal Team at World Headquarters.

*Disclaimer

The materials and information available on these pages, including the country pages, are for informational purposes only and do not constitute legal, financial, or tax advice.