IRS Form 1023: Difference between revisions

From Bike Collectives Wiki
No edit summary
Line 1: Line 1:
This is the federal form to get your 501(c)(3) tax-excempt status.  There is one time $500 fee when applying and applications can take up to five months before getting a response.  The IRS seems to find something wrong with everyone's application, so don't be offended.  After submiting your corrections/explanations you will receive your [[Employee Identification Number (EIN)]] number.
This is the federal form to get your 501(c)(3) tax-excempt status.  There is one time fee when applying and applications can take up to five months before getting a response.  The IRS seems to find something wrong with everyone's application, so don't be offended.  After submiting your corrections/explanations you will receive your [[Employee Identification Number (EIN)]] number.


== How To ==
== How To ==

Revision as of 16:15, 22 October 2007

This is the federal form to get your 501(c)(3) tax-excempt status. There is one time fee when applying and applications can take up to five months before getting a response. The IRS seems to find something wrong with everyone's application, so don't be offended. After submiting your corrections/explanations you will receive your Employee Identification Number (EIN) number.

How To

The Sopo Bike Co-op is making our 501(c)3 application available for folks to use as an example.

Sopo's 501(c)3 Application

This the Bicycle Kitchen's 1023 application - it is not yet finalized:

BicycleKitchen1023ApplicationV1.pdf

Cost

Estimated revenue of $10,000 or more per year, the fee to file te forms to the IRS is $750 any less and the fee is $300.

Contact

IRS Excempt Organizations Customer Account Services toll-free at 1-877-829-5500 x1x1

References