1,524 Hawaii nonprofits lose tax exemption status
Published: Jun. 9, 2011 at 5:12 PM HST|Updated: Jun. 9, 2011 at 6:02 PM HST
HONOLULU (HawaiiNewsNow) - The Internal Revenue Service revoked the tax exemption status of more than 1,500 nonprofit groups in Hawaii on Thursday, many of them believed to be defunct.
According to the IRS, the Hawaii groups are among 275,000 organizations across the country that automatically lost their tax-exempt status because they did not file legally required reports for three consecutive years.
The IRS says organizations can apply for reinstatement of their tax-exempt status.
To view a list of organizations that have lost their tax-exempt status, click HERE.
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