Form 990 (Schedule F) Lansing Michigan 2024-2025

Form 990 (Schedule F) Lansing Michigan: What You Should Know

This is a new tool on the IRS website. We have been trying to get this to be a publicly accessible tool, so that people can see the information in their own city. Thank you. Tax-Exempt Status in Michigan In June 2002, Michigan became the first State to allow all forms of charity tax-exempt status. All forms of charitable organizations, except corporations, were treated the same. Form 602 was created in August 2003. It required a certain number of members and directors to be listed on a tax-exempt organization. It made some changes to the rules in order to better balance nonprofit regulation with the needs of the community. The information used to make this form was taken from the Michigan Department of Treasury, The Annual Report to the Legislature, 2025 (1-1444, 11-3) The form has the following purpose: to maintain and encourage a charitable status for the public benefit, to promote the advancement of the charitable interest, and to provide for the administration of the laws governing the status of nonprofit organizations within the State. (1-1445, ¶1) A nonprofit organization must qualify with the Michigan Department of Treasury in order to qualify for tax-exempt status. A nonprofit organization must also operate in the state if it wishes to qualify. A tax-exempt nonprofit organization must operate in Michigan, or it must qualify in order to be granted tax-exempt status. Failure to operate in Michigan would automatically subject that organization to the tax provisions that are applicable to other nonprofit organizations operating in Michigan. (1-1415, ¶5) If a tax-exempt organization is not active in Michigan, it can qualify for a one-year “suspension” period, during which the Michigan Department of Treasury does not have to register the organization as a tax-exempt institution, and to continue qualifying the organization for tax-exempt status. This allows the Michigan Department of Treasury to keep the organization's application in the hands of the Michigan Department of Treasury only through one year. If during that one-year suspension period a change is made whether the organization will qualify for tax-exempt status in the future, the Michigan Department of Treasury must submit the application to the Department of Treasury's Board of Directors for reconsideration by the Board of Directors.

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