Ask Terry Questions Tax ID number

Tax ID number

By Terry Savage on June 14, 2018 |

Does a Social Club in a Mobile Home Park in Illinois need to have a Tax ID number?

Terry Says

Well, I’m not quite sure what you mean by “Social Club” — but the real question is whether you are trying to become an accredited non-profit organization, or even whether you are trying to earn money through sales of some product or service. In each of those casaes you would need a Tax ID number. But if you are just a group collecting meeting dues to pay for refreshments, then you don’t need a TAX ID — just a trusted treasurer, and someone to look over the treasurer’s accounting!

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