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<br />r~'~~a~.. ;n'~,.erprise Associata.on of South Bend, Inc. <br />±:?.~.. :;±F i c.~,~ ~ The maximum penalty charged cannot exceed $5, 000 or 5 <br />,~~~_;~e_~1~~ €~~f yoaar gross receipts for. the year, whichever is less. <br />'~?1i s pe.r~al~~.y array also be charged if a returrz is not complete, so <br />?.~=~~~._< k~rv, sure your return is complete before you file it, <br />;P,~, are required to make your annual return available for <br />Arai:>>~.1_c= -,~spection for three years after the return is due, You are <br />a~l.:c, r•egx~ired to make available a copy of your exemption <br />~.pr~+.-~-<<-ai~J.OnP and supporting documents, and this exemption letters <br />?a.~.'a:?}°e x~o make these documents available for public inspection may <br />sub~ier~t you to a penalty of $10 per day for each day there is a <br />~? -1~.~.;mw to comply (up to a maximum of $5, 000 in the case of an <br />a.~,~iL~~.1. return) o See Internal Revenue Service Notice 88-120, 1988-2 <br />_. _. =~5~~; for additional information. <br />!~c~,u. are not required to file federal income tax returns unless <br />,~c~. ;.-e subject to the tax on unrelated business income under <br />section 511 of the Code. If you are subject to this tax, you must <br />~:L~c- an 1.ncome tax return on Form 990-T, Exempt Organization <br />3u-sir(~ess I?ZCOme Tax Return. In this letter we are not determining <br />-,rl~~e~,e,~ o.ny of your present or proposed activities are unrelated <br />_~adc o,. business as defined in section 513 of the Code. <br />`~'eu. need an employer identification number even if you have <br />r~o °~:~ii~=i.oyees, Please use that number on all returns you file and <br />i.rA a. J_1 cor_respondence with the Internal Revenue Service. <br />;;~~e are i-nforming your key District Director of this ruling, <br />~ecausc- phis letter could help resolve any questions about your <br />ex_ernpi` status and foundation status, you should keep it in your <br />~e~_manent records. <br />Z:. you have any questions about this ruling, please contact <br />ch~;oerson whose name and telephone number are shcwn in the heading <br />G'_i= 'Gills =~ei~tC~re FOr Othl'r mdttC.r.S, 1RCluiing glie;:tlOi.S C.7tlCeriilP.'7 <br />epori~_i_;,g requirements, please contact your key District Director. <br />Sincerely, <br />-c-e~"~-~-` ` - ~ ' <br />Jeanne S. Gessay / <br />Chief, Exempt Organizations <br />Rulings Branch 2 <br />