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Tarrant Texas online Form 990-PF: What You Should Know

Ii) Any partnership or limited liability company with more than five (5) members. (iii) A corporation or other entity with more than five (5) shareholders. (iv) A limited liability company with more than fifty percent (50%) of its shares held by (or on behalf of) its employees, their spouses, or each member of their immediate families. (v) Any other organization with more than five (5) members. The table below provides examples of other organizations in which the term “sally” or an “eight” party can be applied. If the table below is not clear from the preceding, the following explanation should assist: A “sally” or an “eight party” is identified as having a board of directors composed entirely of females (women). In addition, the women's center is an entity that provides women, regardless of race, and their children, with an array of educational opportunities. A “she” is identified as having a board of two (2) and one (1) female members. All members of the board of directors has one (1) of three skills: (i) Leadership. (ii) Expertise in the field of women's advancement. (iii) The ability to lead a team. The Board of Directors comprises five (5) representatives who are determined by the Secretary of the Board of Directors to be women, and seven (7) representatives who are determined by the Secretary to be representative of female professionals. (b) A Form 990-EZ or 990-PF form or e-file for the organization is required for every member of the immediate family (that is, a spouse, child, parent, grandparent, sibling, grandchild, grandparent of those listed above) of each such individual. A Form 990-T application is required for every organization with more than five (5) shareholders.

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