Being a non-profit organization is not easy. It is important that non-profit organizations pay attention to the various requirements governing them, including maintaining accurate By-Laws under their corporate status, and filing tax returns as required by Federal and State law. These require careful budgeting and adherence to our Policies & Procedures.
A recent review of the VWC’s By-Laws indicated they were becoming out-dated and needed revision, so that process has been undertaken by a newly formed ad hoc Governance Committee chaired by Lynn McKibbin.
Another important part of being a non-profit is filing the 990 Federal Tax Return. Putting the information together is done as a collaborative effort between VWC Treasurer, Sheila DeLany and Recycling Managing Director, Dave Wright. The 990 is a lengthy and detailed report on a non-profit, taking many hours to complete. The VWC’s is especially complex because of the variety of Club activities, including operating the recycling centers and putting on the Redwood Mountain Faire. The Club also files quarterly reports with the State Board of Equalization because of sales tax paid on items sold at the Faire.