Читать книгу Tax Planning and Compliance for Tax-Exempt Organizations - Jody Blazek - Страница 33

You submitted Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, on B. You attested on Form 1023-EZ that you are organized and operated exclusively to further charitable and educational purposes. You also attested that you have not conducted and will not conduct prohibited activities under IRC Section 501(c)(3).

During review of your Form 1023-EZ, detailed information was requested supplemental to your attestations. You incorporated in the state of M on C. Your Articles of Incorporation state that your primary purpose is to support a local-based food system that:

 improves public health and well-being by increasing dietary intake of fresh fruits and vegetables;

 improves access to fresh fruits and vegetables by limited resource families;

 enhances the capacity for sustainable food production, processing, and distribution by addressing the educational needs of producers;

 supports tourism and economic development in the region by providing a profitable retail outlet for local agriculture producers, artisans, crafters, food vendors, and their goods; and

 strengthens the social fabric of the local community by increasing awareness and support of local agriculture and the arts.

Your Articles of Incorporation also provide that you have two categories of members: producer/vendor and individual/nonvendor.

You operate a bi-weekly farmers' market from May to October with additional indoor markets in November and December. Regional farmers and craftspeople within = miles of N who grow, produce, or make craft items are eligible to be vendors at the market.

You grant regional nonprofit organizations, support groups, and clubs that conduct programs involving health and well-being free access to the market in the form of booth space, supplies and equipment, labor, and technical assistance at or before the market. You also provide discounted space for beginning farmers and young entrepreneurs.

In addition, your governing body, market manager, and volunteers operate a booth providing information on local programs addressing food access, senior coupons, SNAP, WIC, and other federal and state nutritional programs.

You are supported by vendor fees that are set to cover your marketing and market manager costs.