Comic Charity Tax Exemption Followup
In late April, I sent queries to the three best-known charitable organizations related to comics:
attempting to confirm that they had followed requirements to file tax returns. (The rules changed in 2006, so according to the New York Times, some organizations were in danger of losing their tax-exempt status.) Both the CBLDF and the Hero Initiative have now confirmed that they have no issues.
The CBLDF response can be found at my original post, while I have received the following from Jim McLauchlin on behalf of the Hero Initiative.
As a 501 (c) (3), we file form 990 every year. It’s a federal requirement, so yes, we file them every year; not just the last three years, but the last 10, for as long as we’ve been in existance. You can access via Guidestar.org using our corporate name, A Commitment To Our Roots, Inc., or our FEIN, 31-1742604.
My thanks to these groups for responding and verifying that there are no concerns.