We love stories about your Optimist Club. Please tell us one and we'll add it to the website.
Click here, email, or post to Facebook. Thank you!

Follow by Email

Related Posts Plugin for WordPress, Blogger...

Sunday, February 4, 2018

Optimist Club reminder: file Form 990 by February 15

The month of February brings to mind many things: #OptimistDay, Groundhog Day, SuperBowl, Valentine's Day, and e-File Day, among others.

Wait a minute -what's that last one?

February 15 is e-file day for all US Optimist Clubs. The form 990 is due on or before February 15.

It is fairly simple to e-file. All you need is the following:

  • Employer identification number (EIN), also known as a Taxpayer Identification Number (TIN).
  • Tax year 
  • Legal name and mailing address
  • Any other names the organization uses
  • Name and address of a principal officer
  • Web site address if the organization has one
  • Confirmation that the organization’s annual gross receipts are $50,000 or less
  • If applicable, a statement that the organization has terminated or is terminating (going out of business)

E-file is an option for tax-exempt organizations not required to file a long form which includes nearly all Optimist Clubs except those managing large sums of money (over $50,000) or property.

Complete instructions and log-in filing information can be found here. Form990-N Electronic Filing System e-Postcard

It is free to file and required in order to maintain tax-exempt status as an Optimist Club.

Popular Posts