Back when I thought of our PTO as just a little group of active parents, it was easy to ignore any hint that we needed to be responsible to an outside authority. I lived in blissful ignorance for several years as a PTO member and officer. And if you answered C, you live in blissful ignorance. If you answered B, you probably know enough about becoming a nonprofit to know it’s a good idea, but you may feel overwhelmed or nervous. If you answered A, your PTO probably has already completed the process to be recognized by the Internal Revenue Service as a nonprofit charity. Question number one: When I see the label “501(c)(3),” I.
File Attorney General Form AG990-IL, together with a copy of the IRS Form 990.For Private Foundations: You are required to submit the Form 990-PF.For Public Charities: Please go to the IRS website to determine which of the three forms to file: Form 990, Form 990-EZ, or Form 990-N.Send to: Internal Revenue Service 1160 W 12th Street Ogden, UT 84201.Note that the due date of this form is 4 and a half months after the end of fiscal year.ILLINOIS STATE’S INTERNAL REVENUE SERVICE:.Religious organizations: request exemption from future annual reports by filing Form CO-3 at the time of registration.ĪNNUAL FILING REQUIREMENTS TO MAINTAIN AN ILLINOIS NONPROFIT.Send to: Office of the Attorney General Charitable Trusts Bureau 100 West Randolph Street, 11th Floor Chicago, IL 60601.If it is in existence for less than 1 year – file Form CO-2).
File Charitable Organization Registration Statement Form CO-1, together with: Articles of Incorporation, Bylaws, lists of all officers and directors, copies of all contracts with professional fundraisers and IRS Form 990 for previous 3 years (if no federal forms were filed – file Form AG990-IL for the previous 3 years.
HOW TO REGISTER WITH THE ILLINOIS STATE’S ATTORNEY GENERAL:.Send to: Local Government Services Bureau MC 3-520 Illinois Department of Revenue 101 West Jefferson Springfield, IL 62708.File a Letter of Request for exemption, together with: A copy of the Articles of Incorporation, Bylaws, and IRS 501(c) (3) determination letter.HOW TO OBTAIN ILLINOIS STATE’S SALES AND USE TAX EXEMPTION:.Organizations that are 501(c) tax-exempt, are automatically exempt from Illinois income taxes too.HOW TO OBTAIN ILLINOIS STATE’S INCOME TAX EXEMPTION:.Filing fee is $850 ($2-EZ Form, as of July 1st, 2016).Send to: Internal Revenue Service P.O.HOW TO OBTAIN 501(c) (3) TAX-EXEMPT STATUS:.It must be files within 15 days of receipt. After receiving the Certificate of Incorporation and a stamped copy of the Articles of Incorporation, the organization must file them with the office of the Recorder of Deeds of the county in which the registered corporation is located.Second Street, Room 350 Springfield, IL 62756 Send to: Secretary of State Department of Business Services 501 S.