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Form990OMB No. 15450047Return of Organization Exempt From Income Tax2007Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)
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Section 501(c) of the Internal Revenue Code provides for federal tax exemptions for certain nonprofit organizations.
Organizations that qualify for tax-exempt status under section 501(c) are required to file annual returns with the IRS.
Organizations must complete IRS Form 990 or Form 990-EZ based on their gross receipts and total assets, providing detailed financial and operational information.
The purpose is to provide tax exemption for organizations that serve public interests, including charities, educational institutions, and religious entities.
Organizations must report information about governance, financial activities, program services, and compensation of key employees.
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