Comptroller, Congressmen Warn Maryland Nonprofits in Risk
of Losing Tax-Exempt Status
WHO: Comptroller Peter Franchot
U.S. Congressman Elijah E. Cummings (D-MD 7th District) - invited
U.S. Congressman C.A. Dutch Ruppersberger (D-MD 2nd District)
Henry Bogdan, The Maryland Association of Nonprofit Organizations
Russell W. Myers Jr., The American Legion Department of Maryland, Inc.
State and local elected officials
Nonprofit organizations representatives
WHAT: With an extensive history of advocacy for nonprofit organizations, Comptroller Franchot will join federal elected officials, nonprofit community representatives and others to announce a special campaign aimed at assisting nonprofits at risk of losing their federal tax-exempt status.
Due to the federal legislation, small tax-exempt organizations whose annual gross receipts are $50,000 or less are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. Automatic revocation occurs when an organization fails to file the requisite form for three consecutive years.
WHERE: StateOffice Building
301 W. Preston Street
Baltimore, MD 21201
CONTACT: Caron Brace (410) 212-9414, cell