NEAFCS Tax-Exempt Update
Peg Ehlers (IN), Treasurer
The NEAFCS Board has been discussing the NEAFCS 501(c)(3) and (c)(6) tax statuses. A few states have asked about being included under an “umbrella” clause of the 501, which would require NEAFCS to apply for a new tax-exempt status. The guidelines have been reviewed with an attorney, CPA, and the NEAFCS Board, and all agree that it would not be in the best interest for NEAFCS to apply for a new 501(c)(3) or (c)(6) tax-exempt status. The status of tax-exempt was issued June 1969 for the organization. This decision was made with a great deal research and thought. If you have any questions please e-mail or call.
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