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OMB Control No: 1545-0047	ICR Reference No: 201412-1545-007
Status: Historical Active	Previous ICR Reference No: 201411-1545-036
Agency/Subagency: TREAS/IRS	Agency Tracking No: not-ready
Title: Return of Organization Exempt From Income Tax Under Section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 02/26/2015
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/09/2015
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/26/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2015	6 Months From Approved	04/30/2017
Responses	406,023	0	403,068
Time Burden (Hours)	24,951,529	0	24,945,619
Cost Burden (Dollars)	0	0	0

Abstract: Form 990 is needed to determine that IRC section 501(a) tax-exempt organizations fulfill the operating conditions within the limitations of their tax exemption. Form 990 is used by tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations to provide the IRS with the information required by section 6033.

Emergency Justfication: The statutory requirements of § 501(r) (except for § 501(r)(3)) apply to taxable years beginning after March 23, 2010. Section 501(r)(3) applies to taxable years beginning after March 23, 2012. On December 29, 2014, the Department of the Treasury (“Treasury Department”) and the Internal Revenue Service (“IRS”) released final regulations (TD 9708) that contain guidance on the requirements of § 501(r)(3) through (r)(6) and the consequences for failing to meet any of the § 501(r) requirements. This revenue procedure provides guidance regarding correction and disclosure procedures for hospital organizations to follow so that certain failures to meet the requirements of § 501(r) of the Internal Revenue Code will be excused for purposes of § 501(r)(1) and 501(r)(2)(B). Failure to provide this guidance could prevent not-for-profit hospital organizations from maintaining or being treated as described in section 501(c)(3) of the tax Code.

Authorizing Statute(s): US Code: 26 USC 4947 Name of Law: Application of taxes to certain nonexempt trusts
   US Code: 26 USC 501 Name of Law: Exemption from tax on corporations, certain trusts, etc.
   US Code: 26 USC 527 Name of Law: Political organizations
   US Code: 26 USC 6033 Name of Law: Returns by exempt organizations

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 59707	09/28/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 24804	04/26/2013
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	406,023	403,068	2,955
Annual Time Burden (Hours)	24,951,529	24,945,619	5,910
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Section 9007 of the Patient Protection and Affordable Care Act, Public Law 111-148 (124 Stat. 119 (2010)), enacted § 501(r), imposes additional requirements on charitable hospital organizations. Section 501(r)(1) provides that a hospital organization described in § 501(r)(2) will not be treated as described in § 501(c)(3) unless the organization meets the requirements of § 501(r)(3) through (r)(6). Section 7.01, of Rev. Proc. 2015-21, describes the information that must be disclosed and requires all disclosure to be made on the Form 990. Section 7.02 applies only to hospital organizations that are not required to file Form 990 and permits such organizations to disclose the information described in section 7.01 on a Web site rather than on a Form 990. In response to the comments regarding Notice 2014-3 and to conform this revenue procedure (RP 2015-12) to the final regulations under § 501(r) (TD 9708), this revenue procedure includes changes to the revenue procedure proposed in Notice 2014-3. The collections of information in this revenue procedure are in sections 7.01 and 7.02. Section 7.01 describes the information that must be disclosed and requires all disclosure to be made on the Form 990. Section 7.02 applies only to hospital organizations that are not required to file Form 990. The Treasury Department and the IRS have reached the following reporting burden estimates for those organizations disclosing information pursuant to sections 7.01 and 7.02: Estimated number of recordkeepers: 2,955 Estimated average annual burden hours per recordkeeper: 2 Estimated total annual reporting burden: 5,910

Annual Cost to Federal Government: $20,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Yes

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Bruce Lewis 2022830662 ext. 0662

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