IRS Filing Requirements for Rotary Clubs and Districts

As you may know, Rotary clubs in the USA with gross receipts in excess of $25,000 are subject to IRS regulations, and must file an informational report based on their gross receipts. Starting this year, clubs with less than $25,000 in gross receipts are also required to submit an informational return to the IRS. Failure to do so will jeopardize their tax exempt status, and may result in a fine. Please click on this link to obtain a one-page summary of the requirements as outlined by the IRS: http://www.rotary.org/RIdocuments/en_pdf/info_paper_clubs_irs.pdf .