Southwest - Goodman Point Phase II_Application

• Basin Roundtable: Southwest
• Applicant: Goodman Point Water Association
• Description: Goodman Point Water Association Domestic Water Construction Project
• Account Source: Basin
• Board Meeting Date: 9/19/2007
• Contract/PO #: 150462
• WSRF - Doc Type: Grant Application

RPR-13-200i 13:52

IRS TEGE GiS

513 263 4540

P.04/05

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GOOI ,I JAN POINT WATER ASSOCIATION

YOU]' return or annual electronic notice is due by the 15th day of the fifth
monLh after the end of your amlual aeCOWlting period. There are penalties for
fai:,:_ng to tile a complete return timely. F'or additional information on
pen.,:.ties, see the Form 9!'JO instructions or c~l our toll free munber.

Revocation of Tax-Exempt Status

For ':ax periods begi.!lning after December 31. 2006, your tax-exempt stat1.J$ will
be ;:,~voked as of the filing due date for the third year if you fail to file
for ':hree consectuive years Form 5190, Form 990-EZ, or the azmual electronic
not;.,~e.

It :";lur tax-exempt status is revoked because you failed to file, you Il\l,lst
reap:;>ly for exemption and pay the appropriate user fee.

UNRELATED BUSINESS INCOME TAX RETURN

If :rJU receive more than $1,000 annually in gross receipts from a regular trade
or Jus!ness, you may be subject to unrelated Business Income Tax and required
to ;L1e Form 990-T, Exempt organization Business Income Tax Return. specia~
rul'~3 for organizations exempt under seotions 501 (c) (7), (9), (17) and (19) are
des~c1bed in Publication 598, Tax on unrelated Business Income of EXempt
Org,tlizations .

The::= are several exceptions to the tax on unrelated business incomet

1. Ineome you receive from the performance of your exempt activity,

2. Income from fundraisers conducted by volunteer wor:k:ers, or where
donated merchandise is sold; and

3. Indome from routine' investments such as certiticates of deposits,
savings accounts, or stock divid'ends.

Thete are apecial rules for income derived from real estate or other
inv~etments purchased with borrowed. funds. This income is called fTdebt
fin~ncedR income. For additional information regarding unrelated business
in,cme tax, see Publioation 598, Tax on unrelated Business Income of EXempt
org;::.nizations, or call our toll free number shown above.

PUBLIC INSPECTION OF APl?LICAT:ION AND INFORMATIOlil" ImTURN

Yot: are required to make your annual information return, Form 990 or Form
99(-EZ, available tor public inspection for three years after the later of the
dUE: date of the retum, or the date the retum ia filed. You are also required
to r~e a~ailable for public inspection your exemption application, any
SUHlorting- documenta, apd your exemption letter. YOU must also provide copies
of 1:hese documents to any individual, upon written or in persoD. request,
wit,hout charge other than reasonable fees tor coPying and postage.

YOll may fulfill this requirement by placing these dOCWllents on the Inte:r:net.

Letter 948 (DOjCG)