Orange County NC Website
-3- <br /> EMPOWERMENT INC <br /> cause for the delay. However, the maximum penalty we charge cannot exceed <br /> $5, 000 or 5 percent of your gross receipts for the year, whichever is less. We <br /> may also charge this penalty if a return is not complete. So, please be sure <br /> your return is complete before you file it. <br /> You are not required to file federal income tax returns unless you are <br /> subject to the tax on unrelated business income under section Sil of the code. <br /> If you are subject to this tax, you must- file an income tax return on Form <br /> 990-T, Exempt Organization Business Income Tax Return. In thin letter we arc <br /> not determining whether any of your present or proposed activities are unre- <br /> lated trade or business as defined in section 513 of the Code. <br /> You need an employer identification number even if you have no employees. <br /> If an employer identification number was not entered on your application, we <br /> will assign a number to you and advise you of it. Please use that number an <br /> all returns you file and in all correspondence with the Internal Revenue <br /> Service. <br /> Since you have not indicated that you intend to finance your activities <br /> with the proceeds of tax exempt bond financing, in this letter, we have not <br /> determined the effect of such financing on your tax exempt status. <br /> if we said in the heading of this letter that an addendum applies, the <br /> addendum enclosed is an integral part of this letter. <br /> Because this letter could help us resolve any questions about your exempt <br /> status and foundation status, you should keep it in your permanent records_ <br /> If you have any questions, please contact the person whose name and <br /> telephone number are shown in the heading of this letter. <br /> Sincerely yours, <br /> District /6 <br /> 000 Z <br /> e0l "'7f <br /> Director <br /> Enclosure(s) ; <br /> Form 872-C <br /> Letter 1045 (DO/CG) <br />