Frank W Sidler American Legion Post 40

“The organization has members that hold veteran status or are related to a war veteran.”

“The members elect the legion officers annually. To be eligible to vote the members must be a current and active member of the organization.”

“Any financial and managemnet decisions to be made above a de minimus threshold are voted upon by the full legion membership.”

“The legion holds a monthly meeting to discuss all business. Meeting minutes are taken at every officer or committee meeting.”

“When there are any special committee meetings, these meetings keep a written record which is available at the general monthly meetings for review and to update the membership as a whole.”

“A copy of the return is placed in the office for availability when formally requested to be viewed. When time permits a return copy is presented to the governing body at a monthly meeting prir to filing.”

“Anyone interested in holding a position to the governing body including officers and trustees must sign a written affirmation that they have received a copy of the conflict of interest policy, has read and understands the policy and agrees to comply with the policy. This must be done prior to his or her appointment, and annually updated thereafter. Each intersted person must sign and deliver to the existing board a written statement identifying any known or suspected conflicts.”

“The organization is operated and maintained by non-compensated volunteers. As a result, the membership does not need to make any decisions on officer, member or employee compensation.”

“All governing documents and financial information including tax returns are kept in the legion office. Any member of the public that wishes to see any of the documents must make a written request to the board. The board will then make arrangements with the individual or individuals to view the documentation.”

“THE TAXPAYER ELECTS TO MAKE THE DE MINIMIS SAFE HARBOR ELECTION UNDER THE REGULATION 1.263(a)-1(f)”

“THE TAXPAYER ELECTS TO MAKE THE SAFE HARBOR FOR SMALL TAXPAYERS ELECTION UNDER THE REGULATION 1.263(a)-3(h) FRANK W SIDLER AMERICAN LEGION POST 40 HAS DETERMINED THAT AMOUNTS WHOSE INDIVIDUAL COST (INCLUDING TAX, INSTALLATION AND DELIVERY COSTS) DOES NOT EXCEED $2500 WILL BE DEDUCTED AS INCURRED AS OPERATING EXPENSE. AMOUNTS EXCEEDING THIS DOLLAR LIMIT WILL BE EXAMINED INDIVIDUALLY TO DETERMINE IF THEIR USE OR PURPOSE REQUIRES CAPITALIZATION UNDER THE BETTERMENT, ADAPTATION OR RESTORATION RULES USED BY THE INTERNAL REVENUE SERVICE AND WILL BE CAPITALIZED OR EXPENSED AS INCURRED AS A RESULT OF THE APPLICATION OF THOSE RULES.”

“Security expense 524. 524.”

“Uniforms expense 240. 240.”

“District dues 11635. 11635.”

“Event entertainment 6660. 6660.”

“Member key cards 585. 585.”

“Repairs & maintenance 5740. 5740.”