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This document is the 2009 Form 990 for the Northern Kane County Chamber of Commerce, detailing the organization’s financial information, mission, and governance.
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How to fill out form 990
How to fill out form 990
01
Gather all financial information including income, expenses, assets, and liabilities.
02
Obtain the Form 990 from the IRS website or by contacting the IRS directly.
03
Fill out the form accurately, providing all required information including organization details, financial details, and any necessary schedules.
04
Review the completed form to ensure all information is accurate and complete.
05
Submit the form to the IRS by the deadline, typically the 15th day of the 5th month after the organization's accounting period ends.
Who needs form 990?
01
Nonprofit organizations with gross receipts of $200,000 or assets of $500,000 or more are generally required to file Form 990 with the IRS.
02
This form is also required for organizations that are exempt from income tax under section 501(a) of the Internal Revenue Code.
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What is form 990?
Form 990 is an annual reporting return that organizations exempt from income tax must file with the IRS. It provides information on the organization's mission, programs, and finances.
Who is required to file form 990?
Most tax-exempt organizations, including charities and non-profits with gross receipts over a certain threshold, are required to file Form 990.
How to fill out form 990?
Form 990 can be filled out using the IRS's form instructions, online tax software, or through professional tax preparation services. It requires detailed financial and operational information.
What is the purpose of form 990?
The purpose of Form 990 is to provide transparency regarding the financial activities of tax-exempt organizations, allowing the IRS and the public to monitor their operations.
What information must be reported on form 990?
Form 990 requires reporting on revenue, expenses, program services, governance, related organizations, and compensation of officers.
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