At the end of the 2007-2008 Rotary fiscal year, the IRS will be requiring all Rotary clubs and districts in the United States to submit either a IRS form 990 (for those clubs and districts with gross receipts of over $25,000) or an electronic version, referred to as an e-Postcard report (for those clubs and districts with gross receipts under $25,000).
For reporting purposes, the deadline to submit the required information for the 2007-2008 fiscal year will be November 15, 2008. Please also note that per the IRS, failure to meet the annual filing requirement for three consecutive years will result in revocation of the tax-exempt status of the club or district in question!
Below is a link to the information for reporting requirements for for the United States Clubs:
New 2008 Reporting Requirements
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