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Docusign Envelope ID: El 96FFB6-481 D-48D1-A670-07B9001 1 COBE <br /> B. ) <br /> Applicable Financial Records to prove <br /> eligibility: <br /> The Town is exempt from filing a 990. See guidance from IRS below: <br /> https://www.irs.gov/charities-non-profits/annual-exempt-organizationreturn- <br /> who-must-file. Every organization exempt from federal income <br /> tax under Internal Revenue Code section 501(a) must file an annual <br /> information return except: <br /> 1.A church,an interchurch organization of local units of a church,a convention or association of churches <br /> 2.An integrated auxiliary of a church <br /> 3.A church-affiliated organization that is exclusively engaged in managing funds or maintaining retirement <br /> programs <br /> 4.A school below college level affiliated with a church or operated by a religious order <br /> 5.Church-affiliated mission societies if more than half of their activities are conducted in,or are directed at <br /> persons in,foreign countries <br /> 6.An exclusively religious activity of any religious order <br /> 7.A state institution,the income of which is excluded from gross income under section 115, <br /> 8.A corporation described in Section 501(c)(1)that is organized under an Act of Congress,an instrumentality <br /> of the United States and is exempt from federal income taxes <br /> 9.A stock bonus,pension or profit-sharing trust that qualifies under Section 401(required to file Form 5500, <br /> Annual Return/Report of Employee Benefit Plan) <br /> 10.A religious or apostolic organization described in Section 501(d)(required to file Form 1065,U.S. Return of <br /> Partnership Income) <br /> 11.A governmental unit or an affiliate of a governmental unit that meets the requirements of Revenue <br /> Procedure 95-48 PDF,1995-2 C.B.418 <br /> 12.A private foundation described in Section 501(c)(3)and exempt under Section 501(a)(required to file Form <br /> 990-PF,Return of Private Foundation) <br /> 13.A political organization that is a state or local committee of a political party,a political committee of a state <br /> or local candidate,a caucus or association of state or local officials,or required to report under the Federal <br /> Election Campaign Act of 1971 as a political committee <br /> 14.An exempt organization(other than a private foundation)that normally has annual gross receipts of <br /> $50,000 or less and therefore is eligible to file an annual electronic notice Form 990-N instead of an annual <br /> information return)* <br /> 15.A foreign organization,or an organization located in a U.S.possession,that normally has annual gross <br /> receipts from sources within the United States of$50,000 or less and therefore is eligible to file an annual <br /> electronic notice(Form 990-N instead of an annual information return) <br /> Page 19 of 21 <br />