TU Training: Treasurers, Financial Reports & Responsibilities

Required by each chapter and council, the Annual Activity Report is a straightforward, simple form used to collect important financial and community activity data from all 420 of our chapters and councils nationwide.

The filing period opens on April 1 and closes on May 15, with the Annual Activity Report found in the Leaders Only Section online. Follow these step-by-step directions to access and complete your annual report.

Along with the annual report to TU, as 501c3 nonprofits, each TU chapter and council must also have a 990 filing submitted with the IRS.

For chapters/ councils that average less than $50,000 in gross receipts, filing an annual financial report will satisfy all filing requirements. TU national hires our tax firm file all IRS Form 990Ns. For chapters over that threshold requiring a 990EZ or full 990, or those that have to file a 990T for unrelated business income, you must complete and submit your own filing with the IRS on or before August 15.

More resources regarding filing your Annual Activity Report, including a video on how to do it, can be found in the online Tacklebox at www.tu.org/financialreporting.