Get the free Form 990 (2008) - Return of Organization Exempt From Income Tax

This document is the Form 990 return submitted by Renewable Northwest Project, detailing its financial activities, program accomplishments, and governance for the year ending 2008.

How to fill out form 990 2008

How to fill out Form 990 (2008) - Return of Organization Exempt From Income Tax

1. Obtain Form 990 (2008) from the IRS website or your local IRS office.
2. Begin at the top of the form and fill in your organization’s name, address, and Employer Identification Number (EIN).
3. Complete Part I by providing information about your organization’s mission and activities.
4. Move to Part II and answer questions regarding your organization’s revenue, including contributions, grants, and program service revenue.
5. In Part III, detail your organization's expenses, including program services, management, and fundraising costs.
6. Complete Part IV by answering questions related to governance, management, and policies, including the board's structure and practices.
7. Fill out Part V, which addresses financial statements, indicating if your organization had an audit.
8. If applicable, complete Schedule A, detailing public charity status or private foundation classification.
9. Review all completed sections for accuracy and ensure all required signatures are included.
10. Submit Form 990 to the IRS by the appropriate deadline, along with any required fees.

Who needs Form 990 (2008) - Return of Organization Exempt From Income Tax?

1. Nonprofit organizations that are exempt from federal income tax under section 501(c)(3) and similar provisions must file Form 990.
2. Organizations with annual gross receipts of $200,000 or more or total assets of $500,000 or more are required to file this form.
3. Smaller organizations with gross receipts under $50,000 may file Form 990-N (e-Postcard) instead.
4. Foundations, charities, and other tax-exempt organizations seeking to maintain their tax-exempt status need to submit this form.

People Also Ask about

Is Form 990 return of organization exempt from income tax?

Form 990 (officially, the "Return of Organization Exempt From Income Tax") is a United States Internal Revenue Service (IRS) form that provides the public with information about a nonprofit organization. It is also used by government agencies to prevent organizations from abusing their tax-exempt status.

How to check if an organization is tax-exempt?

You can check an organization's eligibility to receive tax-deductible charitable contributions (Pub 78 Data). You can also search for information about an organization's tax-exempt status and filings: Form 990 Series Returns. Form 990-N (e-Postcard)

How to know if an organization is tax-exempt?

Tax Exempt Organization Search Tool You can check an organization's eligibility to receive tax-deductible charitable contributions (Pub 78 Data). You can also search for information about an organization's tax-exempt status and filings: Form 990 Series Returns. Form 990-N (e-Postcard)

How to lookup if a company is a 501c3?

How to Confirm 501(c)(3) Status Enter the organization's name or EIN on the IRS Tax Exempt Organization Search site to check the status of a nonprofit. Ask the organization for an IRS letter of determination, or check the Secretary of State's website for the state in which the nonprofit is registered.

How to look up if a company is tax-exempt?

You can search Pub.78 data (for 501(c)(3) or other organizations eligible to receive deductible charitable contributions) or the exempt organizations business master file extract (for other 501(c) organizations) to find out if the organization's tax- exempt status has been reinstated.

What is an exempt organization business income tax return?

Exempt organizations use Form 990-T to: Report unrelated business income. Figure and report unrelated business income tax liability. Report proxy tax liability. Claim a refund of income tax paid by a regulated investment company (RIC) or a real estate investment trust (REIT) on undistributed long-term capital gain.

Why are nonprofit organizations exempt from income taxes?

Nonprofits generally engage in public or private interests without a goal of monetary profits. Notable rules for qualifying as a tax-exempt nonprofit include being organized for a charitable purpose or collecting and turning the money over to charitable organizations.

What determines if a company is tax-exempt?

State Income Tax A “tax-exempt” entity is a corporation, unincorporated association, or trust that has applied for and received a determination letter from the Franchise Tax Board stating it is exempt from California franchise and income tax (California Revenue and Taxation Code Section 23701).

For pdfFiller’s FAQs

What is Form 990 (2008) - Return of Organization Exempt From Income Tax?

Form 990 (2008) is a tax form used by tax-exempt organizations to provide financial information to the IRS, ensuring transparency and compliance with tax regulations.

Who is required to file Form 990 (2008) - Return of Organization Exempt From Income Tax?

Organizations that are recognized as tax-exempt under section 501(c)(3) or other sections of the Internal Revenue Code, and have gross receipts of $200,000 or more, or total assets of $500,000 or more, are required to file Form 990.

How to fill out Form 990 (2008) - Return of Organization Exempt From Income Tax?

To fill out Form 990, organizations must provide detailed financial statements, including income, expenses, and assets, as well as information about governance, program accomplishments, and compliance with public support tests.

What is the purpose of Form 990 (2008) - Return of Organization Exempt From Income Tax?

The purpose of Form 990 is to provide the IRS and the public with financial and operational information about tax-exempt organizations, promoting transparency and accountability in the sector.

What information must be reported on Form 990 (2008) - Return of Organization Exempt From Income Tax?

Form 990 requires organizations to report their revenue, expenses, assets, liabilities, programmatic achievements, compensation of key employees, and details about governance and operational activities.