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Explore the 2023 IRS Form 990 detailing the Young Men\'s Christian Association of the Inland Northwest\'s tax-exempt status, finances, and community services.
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What is form 990?
Form 990 is an annual reporting return that certain tax-exempt organizations must file with the IRS. It provides information on the organization's mission, programs, and finances.
Who is required to file form 990?
Organizations that are tax-exempt under section 501(c)(3) of the Internal Revenue Code and those that have gross receipts over a specific threshold are required to file Form 990.
How to fill out form 990?
To fill out Form 990, organizations must gather financial information, operational data, and details about their governance. The form can be completed online or on paper, and it's important to adhere to the instructions provided by the IRS.
What is the purpose of form 990?
The purpose of Form 990 is to provide the IRS and the public with information about the activities, governance, and financial status of tax-exempt organizations, ensuring transparency and accountability.
What information must be reported on form 990?
Form 990 requires reporting information such as the organization's revenue, expenses, net assets, program services, executive compensation, governance, and compliance with various regulations.
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