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AFSCME 41st INTERNATIONAL
CONVENTION
CHICAGO, ILLINOIS
AUDITING DEPARTMENT PRESENTS
IRS 990 FILING REQUIREMENTS
JULY 14, 2014
TODAY’S HOST
Laura Reyes, Secretary-Treasurer,
AFSCME International
Additional Hosts
 Charles Jurgonis, Director, Financial
Services
 Jeff Taggart, Associate Director,
Auditing & Accounting
 Karen Tyler, Assistant Director,
Auditing
PRESENTERS
 Cathy German
 William Del Pino
AFSCME AUDITORS
PRESENTERS CONTACT INFORMATION
 Cathy German
[email protected]
 William Del Pino
[email protected]
IRS 990 Filing Requirements
 Receipts are $200,000 or More or
 Total Assets at Year End are
$500,000 or More
IRS 990-EZ Filing Requirements
 Receipts are Less Than $200,000 and
 Total Assets at Year End are Less
Than $500,000
IRS 990-N Filing Requirements
 Receipts Average $50,000 or Less
During the Past 3 Years
 IRS 990-N is an online filing made
at http://epostcard.form990.org
IRS 990 Due Dates
 IRS Form 990, 990-EZ and 990-N
are due May 15th or 4 ½ Months
after end of Fiscal Year
IRS 990 Mailing Instructions
 Make Sure Form is Signed &
Dated Before Mailed
 Send 990 & 990-EZ “Certified
Mail - Return Receipt Requested”
 Retain a Signed & Dated Copy
IRS 990 Mailing Address
 All IRS Form 990 & 990-EZ Forms
should be mailed to:
Department of the Treasury
Internal Revenue Service Center
Ogden, UT 84201-0027
IRS 990 Late Filing Penalties
 $20 Per Day for Each Day the
Return is Late
 Maximum Penalty - $10,000 or
5 % of Gross Receipts
IRS 990 Extension
 IRS Form 8868 Can Be Filed
to Request an Automatic
3 Month Extension
 An Additional 3 Month Extension
can also be requested with
explanation provided
IRS 990 Failure to File
 Failure to File IRS 990, 990-EZ
or 990-N for 3 Consecutive
Years Will Result in the Loss
of your Union’s Tax Exempt
Status
Check Your IRS Form 990-N
Filing Status
 Go to the following website:
http://www.irs.gov/charities/
article/0,,id=249767,00.html
Check Your IRS Form 990-N
Filing Status
 Click on the Box in the
Middle of the Page
Exempt Organizations Select Check Tool
Check Your IRS Form 990-N
Filing Status
Click On:
 Were Automatically Revoked
(Choice # 2) or
 Have Filed Form 990-N
(e-Postcard) (Choice # 3)
Check Your IRS Form 990-N
Filing Status
 After Making Your Choice
Fill in Your Affiliate’s EIN
Number
Check Your IRS Form 990-N
Filing Status
 Choice # 2: If your Exempt
Status Has Been Revoked, It
Will Give the Revocation
Date
Check Your IRS Form 990-N
Filing Status
 Choice # 3: If Your Affiliate
has Filed a 990-N, it Will
List the Years that have
Been Filed
Check Your IRS Form 990 or
990-EZ Filing Status
Go to the Following Website:

http://www.guidestar.org

Create an Account

Enter Email Address & Password
Check Your IRS Form 990 or
990-EZ Filing Status
 For Future Visits to Guide Star,
Just Sign In with Email & Password
 Enter EIN Number of Affiliate to
View IRS Form 990 or 990-EZ
Reinstatement Process
 If your Exempt Status has been
Revoked, you must File Form 1024
to Apply for Reinstatement
 Write “Automatically Revoked” on
top of Form 1024 & on Envelope
Reinstatement Process
 File Form 8718 along with Form 1024
which Determines Fee to be Paid
 Fee is $400 if Annual Gross Receipts
Average $10,000 or Less over the
last 4 Years - Otherwise, Fee is $850
Reinstatement Process
 If your Exempt Status has been
Revoked, you must File Form 1120
(US Corporation Income Tax Return)
Until your Reinstatement is Granted
 Net Income Will Be Taxed at
15 % - 35 %
Streamlined Retroactive
Reinstatement Process
 If you Submit Form 1024 &
Form 8718 No Later Than
15 Months after Revocation
Posting Date, you can be
Reinstated Retroactively and
will not be Required to File an
Income Tax Return.
Questions on 990 Filings?
 Please Contact AFSCME
Auditing Department at:
(202) 429-5032