Article
California not-for-profits could lose tax-exempt status if they don’t file form SI-100
June 25, 2019 · Authored by Patty Mayer
Not-for-profit organizations in California are facing complications from neglecting to file Form SI-100, Statement of Information.
Form SI-100 is a one-page form requesting information about corporate officers, processing agents, and addresses. Several organizations have been suspended by the California secretary of state for neglecting to provide this information, while others have had their exempt status revoked by the California Franchise Tax Board (FTB) in addition to being suspended.
Here’s an in-depth look at steps your organization can take to file early as well as filing requirements and penalties to know.
Filing basics
Many organizations struggle with filing Form SI-100 because of the due date, which is based on the incorporation date and only required every other year — factors that lead to the deadline being missed.
How it works
The form must be filed within 90 days of when an organization initially files its articles of incorporation in California. It must then be filed biennially during the applicable filing period thereafter. Credit unions and consumer cooperative corporations, however, are required to file annually instead of biennially.
The applicable filing period is determined by the month in which the articles of incorporation were initially filed. The period includes the initial filing month as well as the preceding five months.
Example
If ABC Corporation filed its articles of incorporation with California on Aug. 15, 2014, the organization would have 90 days from that date to file an initial SI-100 — making the initial filing deadline Nov. 13, 2014. ABC Corporation would then have to file SI-100 again by Aug. 15, 2016, or during the preceding five months.
Fees and locations
Form SI-100 has a filing fee of $20. It can be filed electronically via the California secretary of state website, which also provides additional information about the form.
Ramifications
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The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.