IRA on Leadership and “Transformation”

IRA offers monthly “Leadership Connection Newsletters.” Read current and back issues at this site:
Read the December issue here:
Under North American Councils on page one of the December issue, read the following excerpt about nonprofit or 501C3 status:
 As part of the Council Transformation Program, the Council Advisors have been hosting the first training  webinar, Nonprofit 101, with our pilot councils. One of the main topics for review in this particular training is each councils 501 (c) (3) tax exempt status. We have  put together the following information on this topic as an overview:
  • IRA’s group exemption umbrella extends tax exempt status under the 501 (c) (3) classification to all of our councils upon charter; the council is responsible for filing the SS-4 form with the IRS at the time of charter to obtain their unique EIN (Employer Identification Number)
  • It is the responsibility of each council to file the 990 tax filing each year (by the fifteenth day of the fifth  month following the close of the council’s fiscal year) in order to stay in good standing with the IRS
  • Failure to file the 990 for three consecutive years will result in the council’s EIN being revoked and their  tax-exempt status being lost; the IRS is the group that ultimately revokes the councils’ EIN, not IRA
  • IRA must complete an IRS mandatory audit of all council contact information every year so that the IRS and IRA maintain the accuracy of all subordinate groups

Leadership Connection IRA

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