All Lions Clubs are exempt from federal income tax under IRS Code Section 501 (c)(4). However, the IRS requires that an informational return be filed annually for all Lions Clubs. This filing can be through a Form 990-N (e-Postcard), Form 990-EZ, or Form 990 depending upon the gross revenue the club had during the fiscal year period.
The clubs gross revenue is the total amount it received from all sources, without subtracting any costs or expenses. This file process can be accomplished as soon as the fiscal year ends. It must be filed within 4 ½ months.
The clubs using the standard fiscal year must file after June 30th but before November 15th. If the club’s Annual Gross Revenue is less than $50,000.00 the IRS Form 990-N (e-postcard) must be filed electronically only. If the club’s Annual Gross Revenue is $50,000.00 to $200,000.00 the IRS form 990-EZ must be filed electronically or by paper return. If the club’s Annual Gross Revenue is more than $200,000.00 the IRS form 990 must be filed electronically or by paper return. All forms and instructions are available at the IRS website www.irs.gov.
All Lions Club’s in Ohio must be registered with the Ohio Attorney General through its Chartable Law Section Office. Once registration is complete the Ohio Attorney General’s Office, through its Chartable Law Section, will notify each Lions Club or Foundation when or if it needs to file additional reports. Annual reports are based on each club’s estimated gross income. The initial registration should be filed before engaging in any sale or donation request during the fiscal year.
If reports are needed, they will be due the same day as the IRS file deadline of November 15th for clubs using the standard fiscal year. The file process with the Ohio Attorney General Chartable Law Section must be completed on-line. The Ohio Attorney General provides a “Chartable Registration Users Guide” and a “List of Questions Asked” that are available to review before the file process.
This information and file process can be obtained by the following steps:
- Go to website at www.Ohio.gov
- Click on the link towards the top of the page “Our State Government”
- Click on the line in the middle of the page titled “Attorney General”
- Click on the link towards the bottom under services “Chartable Registration”
- Click on the box “File Online” Sign in an follow the required instructions
For the initial registration it is important to provide the club or Foundation EIN (Employer Identification Number). The recommended NTEE-CC code to use is “S-80 for Community Service Organizations. Additional documents such as articles of incorporation, bylaws, IRS exemption letter (available on the many District websites) will be required to be uploaded or mailed to the Ohio Attorney General Chartable Law Section office.
If any questions or concerns are needed please contact your District Compliance Committee member or myself.
Thank you very much.
PCC David Risen
Chairman, Ohio Lions Compliance State Committee