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Home My WebLink Aboutletter from IRSF CE Fvr INTERNAL REVENUE SERVICE DISTRICT DIRECTOR P. 0. BOX 2508 CINCINNATI, OH 45201 Oa. tretf MIAMI ROWING & W,ATERSPORTS CENTER, INC. C/0 HOWARD KOSOWSKY 3632 SHIPPING AVENUE MIAMI, FL 33146.1517 Dear Applicant: DEPARTMENT OF THE TREASURY Employer Identification Numb,-: 313303106 Contact Person: D. A. DOWNING Contact. Telephone Number-: (877) 3 9-5500 'recounting Period Ending: December 31 Form 990 Required': Yes Addendum Applies: Yes Based on information supplied, and assuming your operations will be as stated .in your application for recognition of exemption, we have determined you are exempt from federal income tax under section 501(a) of the Internal Revenue Code as an organization described ed in section- 501(c)(3). We have further determined that you are not a private foundation within the moaning of section 509(a) of the Code, because you a.rran organization anization described in section 509(a)(2) If your sources of support, or your purposes, character, or method of operation thane, please let us know so we can consider the effect of the change on your exermpt status and foundation statu.s. In the case of an amend- ment to your organizational document or bylaw:, pleas ~egad us a copy of the amended document or bylaws. Also, you should inform us of all changes in your name or address. As of January 1, 1984, you are liable for taxes under the Federal insurance Contributions Act (social security taxes) on remuneration of $100 or more you pay to each of your employees during a calendar year. You are not liable for the tax imposed under the Federal Unemployment_ To'. Act. (r UTa1). Since you are( y not a private Ji:itc! foundation, you are nct subject to the excise t:axr•?." under Chapter 42 of the Code. However, if You are involved in an excess benefit transaction,, that transaction might be subject to the excise taxer of section 4958, Additionally, you are not automatically exempt from other federal excise taxes„ If you have any questions about: excise, employment, or other federal taxes, please contact your key district office„ Grantors and contributors may rely on this determination unless the Internal Revenue Service publishes notice to- the contrary. However, .if you lose your section 509(a)(2) status, a grantor or contributor may not rely on this determination .if he or she was in part responsible for, or was aware of, the art or failure to act, or the substantial or material change on the part of the organization that resulted in your loss of such status, or if he or she acquired knowledge that. the Internal Revenue Service had given notice that 4 ' Letter 947 (00/CG) MI11"MI ROWING & LJ TERSpOpTS CENTER, You need an employer identification number- even if you have no employees. If an employer identification number was not entered on number will be a�sianed to your application, a you and you will be advised of it. please use that dumber on all returns you file and in ,all correspondence with the Internal Revenue Service. Section 1,508..1(a)(2)(i) of the Income Tax Regulations states that an organization seeking exemption under section 501(c)(3) must file the notice described in section 508(a) within 15 months from the end of the month in which the organization was organized. This notice is filed by submitting a properly completed and signed Form 1023,, exemption, application, with the key District Director,, Our records indicate that your notice was postmarked December- 23, 1997., which is more than 15 months from the end of the month in which you were or•ganized. Since the provisions of section 508(a)(2) apply to you, the effective date of your exemption is December 22 p 7 �o h '� J.�� . Contributions made to you on or after this date are tax deductible, f aF;pli.If,,the we have indicated in the heading of this Letter that an addendum enclosed addendum is an integral part of this letter, Because this letter could h:'?lp resolve any :15lestiorls about your exempt status and foundation status,, you should keep it In your permanent records. If you have any questions; please contac., the person whose name and telephone number are shown in the heading, of this letter..,. Addendum sincerely your District Director Letter 9.17 (fO/C'G)