Congressman Chandler Signs on as Co-Sponsor of the Nonprofit Sector and Community Solutions Act
The Nonprofit Sector and Community Solutions Act (HR 5533) was introduced at a press conference at the Capitol on June 15, 2010, by Congresswoman Betty McCollum (MN-04). Kentucky Congressman Ben Chandler recently signed on as a co-sponsor of the legislation, which is aimed at transforming the way that the federal government thinks about and deals with the charitable nonprofit community in the United States. "Nonprofits serve Kentuckians in countless ways, and they also create local jobs," Congressman Chandler said. "As much as 10% of the workforce is employed by these organizations. I am very proud to support this bill, giving Kentucky's nonprofits more of the support they need to do the good work they have done for years." Learn more about this important legislation.
SPECIAL ALERT: IRS Offers One-Time Special 990 Filing Relief Program
The Internal Revenue Service has announced that small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program. This relief is not available to larger organizations required to file the Form 990 or to private foundations that file the Form 990-PF. Learn more about the one-time special filing relief program and search the IRS list of names and last-known addresses of organizations at-risk in Kentucky.
If your nonprofit received less than $25,000 in gross receipts, it can file the 990-N (e-postcard) electronically, for free! Go to the IRS website to learn what form to file. If your nonprofit does not file by October 15th, its tax-exempt status will be revoked.
NLI Announces New Nonprofit Network Member Benefit: Expert in Residence with Barbara Harrington of Sponsorship Network
Do you need help fine tuning your organization’s sponsorship opportunities? Now Nonprofit Network members have access to sponsorship expert, Barbara Harrington of Sponsorship Network on the second Monday of every month to ask any questions relating to sponsorship. Go here to learn more. Not a member? Go here to join the Nonprofit Network today!
Call for Nominations
View the Criteria and Applications for the NLI's Keeneland Distinguished Nonprofit Leadership Award and Fifth Third Bank Innovative Nonprofit Award. Winners will be recognized at the 2010 Kentucky Nonprofit Leadership Forum Award Luncheon on Thursday, October 14, 2010.
|
Strengthening Nonprofits.
Strengthening Kentucky.
|