Form 990 Clause Samples
The Form 990 clause requires an organization to provide or disclose its annual IRS Form 990 filing, which is a public document detailing the organization's financial activities, governance, and compliance with tax-exempt requirements. In practice, this clause may obligate the organization to furnish copies of the Form 990 to stakeholders, make it available for public inspection, or confirm that the filing has been completed in accordance with IRS regulations. Its core function is to ensure transparency and accountability regarding the organization's financial operations and tax-exempt status, thereby fostering trust with donors, regulators, and the public.
Form 990. If the Respondent is a non-profit entity, then submit the most recent annual Internal Revenue Service (IRS) Form 990 filing, complete with any and all attachments or schedules. If Respondent is a non-profit entity that is exempt from the IRS 990 filing requirement, demonstrate this and explain the nature of the exemption.
Form 990. If the School has been granted tax-exempt status, the School will provide the Sponsor with a copy of correspondence from the Internal Revenue Service (IRS) granting tax-exempt status as a section 501(c)(3) organization. In the event that it is not included in the audit report, the School will also provide the Sponsor a copy of its Form 990, Return of Organization Exempt from Income Tax, and all schedules and attachments, within fifteen
Form 990. If the School has been granted tax-exempt status, the School will provide the Sponsor with a copy of correspondence from the Internal Revenue Service (IRS) granting tax-exempt status as a section 501(c)(3) organization. In the event that it is not included in the audit report, the School will also provide the Sponsor a copy of its Form 990, Return of Organization Exempt from Income Tax, and all schedules and attachments, within fifteen (15) days of filing with the IRS. If the IRS does not require the Form 990 to be filed, the School will provide the Sponsor with written confirmation from the IRS of such non-requirement. Notwithstanding anything set forth in the Charter, the Sponsor does not covenant to extend or pledge its tax-exempt authority in any way for the use and benefit of the School.
Form 990. Provider must provide a copy of Provider’s Federal Form 990—Return of Organization Exempt from Income Tax to CMHSP within thirty (30) days of submission to the Internal Revenue Service (“IRS”) if Provider is required to file Form 990 under IRS regulations.
Form 990. The Plan Supervisor shall, based on information it may possess, use its best efforts to prepare IRS Form 990, subject to review by the Plan Administrator as provided in Section IV.M. of this Agreement. The Plan Supervisor shall prepare the Form 990 in a timely manner to allow the Plan Administrator reasonable time to review and approve the Form 990 before the filing due date (including any extensions obtained by the Plan Supervisor). The responsibility for filing and/or distributing IRS Form 990, shall be that of the Adopting Employer or Plan Administrator. Non-Tax Dependent Domestic Partners. The Plan Sponsor shall document and determine the tax status of Plan Participants’ domestic partners. For those domestic partners determined to be non-tax dependent, the Plan Sponsor shall determine the fair market value of any non-tax dependent’s coverage and report that value on the appropriate IRS form.