Federal Taxes
Although PTA is an organization that operates in the public trust, it must comply with all tax requirements as prescribed for its nonprofit status. As a result, PTAs may be required to file federal tax returns depending on their gross receipts (see below).
New Tax Filing Requirements
The new Form 990 series returns are effective for [...]
Filed under: Financial on July 21st, 2009 | No Comments »
Changes at the State and National levels have necessitated a series of changes in the District, Council and Unit bylaws. If your bylaws have not been rewritten recently, you are due for a total revamp. Council has a Parliamentarian on board who can help you navigate the process.
Your Executive Board President will need to appoint [...]
Filed under: Board Management on July 15th, 2009 | No Comments »
If you haven’t already, it is time for your Unit Executive Board President to appoint the chair and members of the Budget Committee. Committee members will solicit information from and assess the needs of VPs and other committees in the unit. This information will be used to formulate a budget for the year. The budget [...]
Filed under: Financial on July 15th, 2009 | No Comments »
In order to identify all the officers of each unit and to ensure each receives the proper communication from Council, District and State levels, each unit should provide a copy of their Unit Executive Board Roster to the Council President. This can be emailed to the President or brought to a Council Meeting. These are [...]
Filed under: Board Management on July 15th, 2009 | No Comments »
Year End Audits are due now to the Council Auditor. It is a PTA requirement to audit the books twice a year, mid-year in January and at the end of the fiscal year in June/July. Please bring two copies of your audit to a Council Meeting or send to the Council Auditor directly.
Filed under: Financial on July 15th, 2009 | No Comments »
First Lompoc Council PTA Meeting of the 2009-2010 year will be held on Thursday, 16 July at 7 pm in the Board Room of the Education Center. Mark your calendar and plan to attend!
Filed under: Uncategorized on July 10th, 2009 | No Comments »