BonoConsilio Posted August 12, 2009 Share Posted August 12, 2009 The 2008 990 asks some new questions related to tax-exempt entities including governance and policies of the organization such as "conflict of interest" and "whistleblower" policies. These questions do not seem particularly relevant to medical/health plans exempt under 501©(9) as opposed to a 501©(3) or other tax-exempt organization. How are these questions being answered for VEBA's like a medical/health plan in that Part VI and in schedule O? I'm inclined to just state "not applicable" on schedule O for many of the questions. Link to comment Share on other sites More sharing options...
Chaz Posted November 9, 2009 Share Posted November 9, 2009 Anyone have any thoughts on this? Link to comment Share on other sites More sharing options...
vebaguru Posted November 13, 2009 Share Posted November 13, 2009 I tend to agree with you. The form seems to anticipate an non-profit association and asks relevant governance and policies questions. But they don't seem to apply to a VEBA which is a trust being used to fund medical (or other permitted) benefits. Unfortunately, N/A is not one of the boxes you can elect and if you insist in manually putting N/A on the form it will not go through processing. I would follow Nancy Reagan's advice. Link to comment Share on other sites More sharing options...
Guest Sieve Posted November 13, 2009 Share Posted November 13, 2009 Which is . . .? Link to comment Share on other sites More sharing options...
WDIK Posted November 16, 2009 Share Posted November 16, 2009 ...but then again, What Do I Know? Link to comment Share on other sites More sharing options...
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