IRS Status: We are now officially recognized as a tax-exempt 501(c)(7) Oregon nonprofit corporation. Our approval was granted retroactively, we incurred no interest or penalties, and our 2023, 2024, and 2025 filings are fully satisfied.
Budget Outlook: Although we ended 2025 with a deficit of $298.97, 2026 is shaping up much brighter. A January change in insurance providers increased our coverage, while saving $800.00 and — with an additional one-time credit — brings our 2026 insurance expense effectively to zero. Current projections show us finishing the year in the “black”, with no increases in membership dues or luncheon costs anticipated.
Looking Ahead: We’ve started wondering if there might be a less complicated way to keep our bookkeeping organized and are informally looking at tools like Quicken or QuickBooks. If “categories” and “tags” are in your vocabulary, give Ruth Jenks a call — we’re simply gathering ideas at this stage.
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