Form 1023 is filed by applicants seeking Federal income tax exemption as organization described in section 501(c)(3). IRS uses the information to determine if the applicant is exempt and whether the applicant is a private foundation. Form 1023-EZ is a simplified version of Form 1023, to be filed by organization who meet certain criteria.
US Code:
26 USC 501(c)(3)
Name of Law: Political Expenditures of Section 501(c)(3) Organizations
US Code:
26 USC 508
Name of Law: Special rules with respect to section 501(c)(3) Organization.
US Code:
26 USC 509
Name of Law: Private foundation defined
The Internal Revenue Service is introducing an "EZ" version of the Form 1023 as an alternative in applying for recognition of exemption from federal income tax under section 501(c)(3). The Form 1023-EZ is a shorter, less burdensome version Form 1023, which may be used if an organization meets specific criteria. It is estimated that approximately 60-70 percent of the 80,000 respondents will apply using Form 1023-EZ, which will take 19 hours to complete (compared to 156 hours for the Form 1023). There is an overall increase in the annual number of responses and burden hours due to adjustments in the number of total respondents for the Form 1023, based on TEGE estimates. The decrease is attributed to program changes to the Form 1023 that resulted in a decrease in the amount of time per response.
$258,938
No
No
No
No
No
Uncollected
Phillip Millet 2029279826
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form 1023 Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code
2014-SStmnt_F_1023-F1023ez_MAR2014[1].docx
Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code