Engaging your 501(c)(3) to Increase Agency Capacity Moderator: Sarah Miller-Locke, Director of Strategic Initiatives 2016 Partner Agency Conference
Panel • Scott Brown: Board Member; Seton Food Pantry and All Faith’s Food Panty (Onondaga County) • Gigi Redmond: Client Services Director; CazCares Food Pantry (Madison County) • Daniel Taylor: Chief Executive Operator/Board President; Lowville Food Pantry (Lewis County)
Incorporation and IRS § 501(c)(3) Filing
Incorporation • Determine Name of Corporation • Reach Consensus on By-Laws – “Seton Model” (Single congregation) – “All Faiths Model” (Merged congregations) – “DeWitt Model” (Collaborative congregations) – Source of Directors – Number of Directors – Conflict of Interest Policy
IRS §501(c)(3) • File for EIN Online – Need Officer Name and SSN • File IRS Form 1023-EZ Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code Online • Filing Fee $ 400 • Receive IRS Determination Letter by mail
NYS Attorney General • File NYS Attorney General Form CHAR410 Registration Statement for Charitable Organizations • Filing Fee $25
NYS Department of Taxation and Finance • File NYS Department of Taxation and Finance Form ST-119.2 Application for an Exempt Organization Certificate – Only need attach IRS Determination Letter
Annual Tax Year Filings • Total Contributions LESS than $ 25,000 and Total Assets LESS than $ 25,000 – IRS Form 990-N e-Postcard Online – NYS CHAR500 Annual Filing for Charitable Organization (First Page Only) • No Fee
Annual Tax Year Filings • Total Contributions $ 25,000 or MORE and Total Assets $ 25,000 or MORE – IRS Form 990-EZ Short Form Return of Organization Exempt From Income Tax • NOTE: IRS permits Form 990-N for charities with $50,000 or less in income but NYS Attorney General requires Form 990-EZ – NYS CHAR500 Annual Filing for Charitable Organization (Full Form) • $ 25 or $ 50 Fee
Board Engagement • What does your board do? • Benefits of an engaged board?
QUESTIONS?
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