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Form 990 (Schedule D) online Chattanooga Tennessee: What You Should Know

CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. H(d) Is it a 501(c)(3) organization or a tax-exempt entity? 501(c)(3) nonprofit corporations and certain nonprofit religious organizations are tax-exempt. Nonprofit religious organizations are allowed to do charitable works; but any other such organizations are allowed tax-exempt purposes only. 501(c)(3) non-profit religious organizations are required to file Schedule 990. 4 CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. W(d) Is the purpose or activities of this organization to accomplish a specific, ongoing public and private goal? Not all charitable purposes require that an organization meet its purpose, or even achieve the same end. 5 CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. W(f) Can there be more than one beneficiary of this organization? Yes, as long as each beneficiary is the direct (i.e. natural and adopted, not adopted without the parents' permission). 6 CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. W(g) Is there more than one person with a fiduciary responsibility? Yes, the organization can have more than one employee. 7 CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. W(h) Does the charity operate primarily as a for-profit business? No, the charity is not a for-profit entity. The charity should operate as a for-any charitable purpose: charitable, religious, national, regional or local, educational, scientific, literary, or other.  8 CAMERON HILL CIRCLE CHATTANOOGA, TN 37402. W(i) Will the organization: (i) make a profit from (an income for tax purposes) in excess of 25,000; (ii) receive a grant from the U.S.

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