I received a pending notice indicating possible non-compliance with federal or state tax regulations. What does this mean, and what constitutes a non-profit organization?
Group Presidents mistakenly assume that Yale Universitys nonprofit designation (commonly referred to as 501 (c) (3) status) extends to all student organizations, or that a National organizations nonprofit status automatically extends to local chapters or affiliates. This assumption causes the organization to reply in the affirmative to the question of whether the undergraduate organization is a duly certified nonprofit entity. The net result is that the groups registration is placed on pending status. To correct this error, the group President must return online to edit the Finances section accordingly. If the organization has indeed obtained official IRS recognition as a nonprofit entity, then the group President will be expected to submit such proof of certification before it may record such information as fact in the groups registration application. In fact, the overwhelming majority of Yale College student groups are not recognized by the Internal Revenue Services as nonprofit agen
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