Get the free 2012 Form 990 - Illinois Swimming - ilswim
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2011 Exempt Org. Return prepared for: ILLINOIS SWIMMING INCORPORATED 1400 E. TOUCHY AVE. Suite 245 DES PLAINES, IL 60018 Paul W. Assam, Ltd 1275 Butterfield Rd. Wheaton, IL 60189 PAUL W. ASHES, LTD
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How to fill out 2012 form 990
How to fill out the 2012 form 990:
01
Gather all necessary information and documents such as the organization's financial statements, details of any significant transactions, and information about key employees or board members.
02
Start by filling out the identifying information section, which includes the organization's name, address, EIN number, and other basic details.
03
Proceed to the Part I section, which asks for information about the organization's mission and accomplishments during the year. Provide a brief description of activities and any notable achievements or programs implemented.
04
Move on to the Part II section, where you'll provide details about the organization's program service accomplishments. Include information about the programs or services offered, the number of beneficiaries, and any significant outcomes or impact.
05
Fill out the Part III section, which focuses on the organization's governance and management. Provide details about the composition of the organization's governing body, any conflicts of interest, and policies for reviewing executive compensation.
06
Next, complete the Part IV section, which requires information about the organization's financial statements and reporting. Include details about the accounting method used, revenue and expense breakdowns, and any significant changes or fluctuations.
07
Proceed to the Part V section, which asks for information about the organization's employees, independent contractors, and compensation. Provide details about key employees and their compensation, including salaries, benefits, and bonuses.
08
Fill out the Part VI section, which focuses on any other IRS filings and tax compliance matters. Include details about the organization's compliance with tax laws and any related IRS filings.
09
Complete the remaining sections of the form, including Schedule A for public charity status and Schedule O for any additional information.
10
Review the completed form for accuracy and make sure all required signatures are provided.
11
Keep a copy of the form for your records and submit it to the IRS by the specified deadline.
Who needs the 2012 form 990:
01
Nonprofit organizations with gross receipts of $200,000 or more or total assets of $500,000 or more are required to file Form 990 with the IRS.
02
Public charities, private foundations, and other tax-exempt organizations must also file this form to maintain their tax-exempt status.
03
The 2012 form 990 specifically pertains to the tax year 2012 and is required from eligible organizations during that period.
04
Filing the form helps the IRS and the public gain insight into the financial activities and governance of these organizations, ensuring transparency and accountability.
05
Failure to file the form on time or accurately may result in penalties and can jeopardize the organization's tax-exempt status.
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What is form 990 - illinois?
Form 990 is a tax form that certain tax-exempt organizations must file with the IRS.
Who is required to file form 990 - illinois?
Most tax-exempt organizations are required to file form 990 in Illinois.
How to fill out form 990 - illinois?
Form 990 can be filled out online or by mail, and must include information about the organization's finances, activities, and governance.
What is the purpose of form 990 - illinois?
The purpose of form 990 is to provide the IRS and the public with information about a tax-exempt organization's finances and activities.
What information must be reported on form 990 - illinois?
Form 990 requires information about the organization's revenue, expenses, programs, and governance.
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