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Annual 2010 Federal & State Tax Filings for OSM - Did I Miss Their Publication?

20 Oct 2011
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IRS Form 1120 IRS Form 1120

I must have missed the Open Source Matters, Inc. publication of the 2010 Federal Corporate Tax Return (Form 1120) and the New York State CHAR500 return. And, depending on the contents of the CHAR500 return, maybe even a Form 990. Oh no I didn't, I just checked here on the OSM Federal Filings page and there are no links to the 1120 nor are there any filed CHAR500 in the New York State charities database. That's interesting!

Let's see, OSM, last I checked, operates on a calender year fiscal year. So that means they must file the 1120 by the 15th day of the third month after the end of their tax year. Hmm, that would make it due on March 15. A review of the available published OSM minutes (only published through July, 2011 as of this date) shows that in the March 2011 minutes, an automatic extension of 6 months was requested (note that it was not specific that this was just a Federal extension. There isn't a 6 month extension available in New York). Nothing wrong with that. Gives the accountants time to review and correct the books. But, wait a minute. That would make the the date the Federal taxes had to be filed by as September 15, 2011. So, supposedly the taxes forms have been filed but just like the other missing financial reports there hasn't been any publication of this information to the Joomla Community. I could be wrong, of course. Would love to see some communication from OSM about these issues. Nothing anywhere so far though.

So let's talk about the New York State filing of their non-profit type C corporation's form CHAR500. This is due for dual registrants 4.5 months after their fiscal year ends which would be April 15 though in 2009 it was indicated it was due on May 15. Not sure which is correct. From my reading of the NY Charities Bureau website, you can only request a max of a 3 month extension. That would make the CHAR500 due to be filed, if an extension had been requested, either July 15 or August 15 whichever original filing date is correct. So, again, supposedly the NY State taxes forms have been filed but just like the other missing financial reports there hasn't been any publication of this information to the Joomla Community. Again, I could be wrong, of course. Would still love to see some communication from OSM about these issues. Nothing anywhere so far though....

Update: See the blog from December 15, 2011 Maybe OSM Is Just Confused? to see when OSM finally got their missing CHAR500 to the New York Charities Bureau.

Update: Today March 18, 2011 Jacques Rentzke makes this somewhat amazing post on Open Source Matters, Inc Public Mailing List:

hi all I've received an inquiry about our U.S. Corporation Income Tax Return for the 2010 financial year. Due to a miss-communication between myself (as then-Secretary) and Paul (as then-Treasurer), a copy of our 1120 tax filing was not posted to your web site. (the communication error was from my side) My apologies for that! I've uploaded the "2010 Form 1120" document to: http://opensourcematters.org/policies/federal-filings.html regards, -- Jacques Rentzke Vice-President of the Board Open Source Matters, Inc.

I just don't know what to say. With over 400 views of this blog which was published what? October 20, 2011 I kind of find it hard to believe that he just now received an inquiry. After all, this blog was published:

  • 150 days ago
  • 4 months and 27 days ago
  • 21 weeks rounded down ago
  • 3,600 hours ago
  • 216,000 minutes ago
  • 12,960,000 seconds ago

and he just got the message?

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David Huelsmann

Dave Huelsmann was Treasurer of Open Source Matters, Inc. from 2008 to July, 2010 and Joomla Forum Global Moderator from 2005 to November, 2010. Now retired, he was a senior healthcare executive who managed large and diverse clinical laboratory, radiology, electroencephalography, and centralized patient transport operations/departments in both not-for-profit and for-profit companies throughout the United States.

Dave was a Navy Corpsman who served in Vietnam while attached to Seabee battalionmcb71
MCB-71.

Read more about Dave Huelsmann

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