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Discover the financial activities and governance of New Rochelle YMCA for the 2022 tax year, focusing on its services in community health and youth development.

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What is form 990?

Form 990 is an annual information return that certain tax-exempt organizations in the United States must file with the Internal Revenue Service (IRS) to provide transparency about their activities, governance, and financial condition.

Who is required to file form 990?

Organizations that are tax-exempt under Internal Revenue Code section 501(c)(3) and other sections, as well as certain private foundations, are required to file Form 990, unless they meet specific criteria for exemption.

How to fill out form 990?

To fill out Form 990, organizations must gather financial records, operational data, and governance documents; they can complete the form online through the IRS website or use tax preparation software, following the instructions provided by the IRS for accurate reporting.

What is the purpose of form 990?

The purpose of Form 990 is to provide the IRS and the public with a comprehensive overview of the organization's financial activities, contributions, expenditures, and governance practices, thereby promoting transparency and accountability in the nonprofit sector.

What information must be reported on form 990?

Form 990 requires reporting of various information, including financial statements, revenue sources, program services, governance structure, executive compensation, and compliance with public support tests.

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