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CC - Item 6B - Funding IRS Penalties of Rosemead Youth AssociationI ROSEMEAD CITY COUNCIL STAFF REPORT TO: THE HONORABLE MAYOR AND CITY COUNCI FROM: JEFF STEWART, INTERIM CITY MANAGER DATE: MAY 12, 2009 SUBJECT: FUNDING THE IRS PENALTIES OF THE SSEMEAD YOUTH ASSOCIATION SUMMARY Council Member Armenta made a request at the City Council meeting on April 28, 2009, for staff to bring back an agenda item regarding the contribution of funds from the City to pay off the Internal Revenue Service penalties assessed to the Rosemead Youth Association (RYA). Staff contacted the RYA Treasurer, Desiree Tuyia, and found that the RYA currently owes $9,890.43 in penalties for not filing the necessary annual financial data on time with the IRS for the years of 2004, 2005 and 2007. Staff Recommendation That the City Council provide direction regarding the contribution of funds to the Rosemead Youth Association. ANALYSIS On April 24, 2007 the City Council received a request from the RYA to assist with funding their 2007-2008 baseball and softball seasons. RYA had raised approximately $88,000 for ther season, but needed an additional $15,000 to fully fund their programs. At that time they explained that due to issues related to the previous Board of Directors, they were unable to provide historical financial records, but committed to providing an update at the conclusion of their season. On May 8, 2007 the City Council approved the RYA's request for financial assistance in the amount of $15,000. As promised, the RYA sent a letter (Attachment A) to the Mayor on October 10, 2007 detailing their financial status. The letter stated that the RYA had been assessed IRS penalties in excess of $8,000 due to the failure of filing the annual financial reports for the years for 2002 and 2003. The letter also stated that the 2004, 2005 and 2006 annual reports also had not been filed and that the RYA Board was working on this, but needed to obtain copies of checks from their bank as all the financial records were missing. They estimated that the cost for obtaining check copies was $700 and requested funds to start up the 2008 season and mend their tax problems. The City Council approved funding in the amount of $15,000. At the City Council meeting of April 28, 2009, the Treasurer for the RYA addressed the Council regarding the current financial status of the RYA in relation to potential fees that could be charged by the City for field and facility rentals. At that time the Treasurer also mentioned that the RYA was currently paying down approximaly $9,000 in fines from the IRS. Council Member Armenta requested that staff bring back an item at the next meeting to consider assisting the RYA paying off the IRS fines. Since that time, staff has been working with RYA's Treasurer and was provided account transcripts (Attachment B, C & D) from the IRS totaling $9,878.51. Since APPROVED FOR CITY COUNCIL AGENDA: City Council Meeting May 12, 2009 Page 2 of 2 these transcripts state that they are not be used as payoff statements, staff was able to verbally obtain a payoff figure of $9,890.43 which includes all accrued interest and is valid until May 29, 2009. FINANCIAL IMPACT There are currently $31,631 available in the Community Contributions account 4160-6320.01. PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process. Submitted by: r Matthew E. Hawkesworth Assistant City Manager Attachments: A - Letter from RYA dated Oct. 10, 2007 B - IRS Transcript for 2004 C - IRS Transcript for 2005 D - IRS Transcript for 2007 0 0 October 10, 2007 VIA EMAIL: ltran(alcitvofrosemead.ore John Tran Rosemead City Hall 8838 East Valley Blvd Rosemead, CA 91770 Dear, Mr. Tran RYA Hodme: (626) 588-4994 First, I would like to thank you and your council for the grant that Rosemead Youth Association "RYA" received earlier this year from the City of Rosemead. The RYA board and myself appreciate all the help that you have given this youth organization. The grant received was to be used to start up the 2008 season. Unfortunately, RYA was hit with an IRS tax levy that left the RYA account with a balance of $700.00. Apparently, the previous board members failed to file the organization's taxes on time for the years of 2002 and 2003. Therefore, there was a tax penalty of over $8,000. Furthermore, the taxes for 2004, 2005, and 2006 still need to be filed, which RYA is trying to do. However, we are in a bind, we do not have any records from the previous years to properly file the taxes. All we have are bank statements and that is not enough. We need to get copies of checks and our bank (Bank of America) charges $2.00 per copy and we do not have enough funds to cover that expense. Additionally, we do not have money to start up our new season. With this in mind, please consider our organization for further funding in order to start up our 2008 season and mend our tax problems. Anything you can do for RYA will be much appreciated. In closing, I would like to thank you for your time in considering our proposal. Please call me if you have any questions or concerns at 626-827-2348 or Sergio Nava at 626-672-8297. Sincerely, Rosemead Youth Association Treasurer Sergio Nava Larry Nava Nora Munguia Andrea Nava DIRECTOR T• 05/04/2009 15:06 FAX 2009/05/04 18:39:20 ATTACHMENT B 8 Internal Revenue Services e-serves DEPARTMENT Of THE TREASURY Q0001/0004 Page: 2/4 This Product Contains Sensitive Taxpayer Data Request Date: 05-04-2009 Account Transcript Response Date: 05-04-2009 Tracking Number: 100043599401 FORM NUMBER: 990EZ TAX PERIOD: Dec. 31, 2004 TAXPAYER IDENTIFICATION NUMBER: 95-6111905 ROSEMEAD YOUTH ASSOCIATION PO BOX 84 ROSEMEAD, CA 91770-0084-942 ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: ACCRUED INTEREST: ACCRUED PENALTY: ACCOUNT BALANCE PLUS ACCRUALS (THIS IS NOT A PAYOFF AMOUNT): $3,270.00 $144.41 AS OF: May 18, 2009 $0.00 AS OF: $3,414.41 INFORMATION FROM THE RETURN OR AS ADJUSTED TAX PER TAXPAYER: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Mar. 04, 2008 PROCESSED DATE Aug.. 11, 2008 TRANSACTIONS 11 CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 200831 08-11-2008 $0.00 29409-194-07525-8 599 Tax return filed 05-23-2008 $0.00 238 Daily delinquency penalty 200831 08-11-2008 $3,770.00 971 Tax period blocked from automated levy program 11-03-2008 $0.00 971 Collection due process Notice of Intent to Levy - - 10-21-2008 $0.00 issued 971 Collection due process Notice of intent to Levy - - 10-23-2008 $0.00 return receipt signed 670 Payment 01-20-2009 -$500.00 05/04/2009 15:06 FAX Q0002/0004 2009/05/04 18:39:20 Page:3/4 971 Installment agreement established 02-13-2009 $0.00 This Product Contains Sar:s zve Taxpayer. Data 05/04/2009 15:06 FAX 2009/05/04 18:38:15 ATTACHMENT C Internal Rew nine Service OFPARTMEHT OF THE TREASURY Z 0003/0004 Page: 2/3 This Product Contains Sensitive Taxpayer Data Request Date: 05-04-2009 Account Transcript Response Date: 05-04-2009 Tracking Number: 100043599401 FORM NUMBER: 990EZ TAX PERIOD: Dec. 31, 2005 TAXPAYER IDENTIFICATION NUMBER. 95-6111805 ROSEMEAD YOUTH ASSOCIATION PO BOX 84 ROSEMEAD, CA 91770-0084-842 ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: ACCRUED INTEREST: ACCRUED PENALTY: ACCOUNT BALANCE PLUS ACCRUALS (THIS IS NOT A PAYOFF AMOUNT): $2,548.00 $126.90 AS OF: May 18, 2009 $0.00 AS OF: $2,674.90 INFORMATION FROM THE RETURN OR AS ADJUSTED TAX PER TAXPAYER: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Mar. 05, 2008 PROCESSED DATE Aug. 04, 2008 TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 200830 08-04-2008 $0.00 87409-185-OOC13-8 238 Daily delinquency penalty 200830 08-04-2008 $3,198.00 971 Tax period blocked from automated levy program 01-12-2009 $0.00 971 Installment agreement established 02-13-2009 $0.00 670 Payment 03-12-2009 -$650.00 This Product Contains Sensitive Taxpayer Data 05/04/2009 15:06 FAX 2009/05/04 18:40:33 R0004/0004 Page: 2/3 ATTACHMENT D rj Internal Revenue Service e-services DEPRRTMENT OF THE TRERSURY This Product Contains Sensitive Taxpayer Data 11 Request Date: 05-04-2009 Account Transcript Response Date: 05-04-2009 Tracking Number: 100043599401 FORM NUMBER: 99CEZ TAX PERIOD: Dec. 31, 2007 TAXPAYER IDENTIFICATION NUMBER: 95-6111805 ROSEMEAD YOUTH ASSOCIATION PO BOX 84 ROSEMEAD, CA 91770-0084-842 ANY MINUS SIGN SHOWN BELOW SIGNIFIES A CREDIT AMOUNT ACCOUNT BALANCE: ACCRUED INTEREST: ACCRUED PENALTY: ACCOUNT BALANCE PLUS ACCRUALS (THIS IS NOT A PAYOFF AMOUNT): $3,740.00 $49.20 AS OF: May 18, 2009 $0.00 AS OF: $3,789.20 INFORMATION FROM THE RETURN OR AS ADJUSTED TAX PER TAXPAYER: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER) Nov. 18, 2008 PROCESSED DATE Feb. 02, 2009 TRANSACTIONS 11 CODE EXPLANATION OF TRANSACTION CYCLE DATE AMOUNT 150 Tax return filed 200903 02-02-2009 $0.00 29409-362-32707-8 238 Daily delinquency penalty 200903 02 -02-2 00 9 $3,740.00 971 Installment agreement established 02-13-2009 $0.00 This Product Contains Sensitive Taxpayer Data