29 July 2010


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6.22.10

EASFAA
Policies and Procedures

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ISSUE: Tax Exempt Status
Policy:
EASFAA will maintain its tax exempt status by complying with all pertinent regulations.
Procedures:
  1. The Treasurer is responsible for seeing that the Association maintains its tax exempt status.
  2. The CPA is responsible for filing necessary forms, reports, etc. to maintain our status and for advising the Association of problems in this regard.
  3. At this time our tax exempt status is permanent provided we file federal tax returns in a timely fashion.
  4. Our FED # is 222521580.
Approved:
February 1994

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