Record #: Or2011-46   
Type: Order Status: Passed
Intro date: 1/13/2011 Current Controlling Legislative Body: Committee on Finance
Final action: 3/9/2011
Title: License fee exemption(s) for International Association for World Peace, The, d.b.a. The Peace School
Sponsors: Waguespack, Scott
Topic: PERMITS/LICENSE/FEE EXEMPTIONS - License Fee Exemptions
Attachments: 1. Or2011-46.pdf
(Fee Waiver)
Committee on Finance
ORDERED, pursuant to Section 4-4-010 of the Municipal Code of Chicago, the Director of Business Affairs and Licensing, the Director of Revenue, and the City Comptroller are hereby authorized and directed to cancel the compensation fees to The International Association for World Peace d/b/a The Peace School, 3121 North Lincoln Avenue, for a limited business license (1010) in the amount of $250.00 for the period of February 16, 2011 thru February 15, 2013.
(Account No. 74532-1)

Scott Wagugs^acrv/ Alderman, 32nd Ward
1 of 1
Internal Revenue Service
Department of the Treasury
District Director
Person to Contact: E0:TPA
Telephone Number:
1-600-424-1040 '312-435-1040
INTERI-JAT10NAL A3S0CIA T10M FOR WORLD PEACE 3121 WORTH LINCOLN AVENUE CHICAGO. IL. 60657
Refer Reply to:
0-2444
Date: October 4,
RE: INTERNATIONAL ASSOCIATION FOR WORLD PEACE EIN: 36-238435<4
This is in response to the letter, dated September 12, 1990, regarding your status as an organization exempt from Federal income tax.
Our record;:, indicate that a rulinn letter was issued in November, 1976, granting your organization an exemption from Federal income tax under the provisions of Section 501(c)(3) of the Internal Revenue Code of 19S4. Our records also indicate that your organization is not a private foundation but one that is described in Section 509(a)(2) of the Internal Revenue Code.
Contributions made to you. are deductible by donors in computing their taxable income- in the manner and to the extent provided in Section 170 of the Internal Revenue Code.
If your gross receipts each year are normally $25,000 or more, you are required to file Form 990, Return of Organizations Exempt from Income tax by the fifteenth day of the fifth month after the end of your annual accounting period.
.You are not required to file Federal income tax returns unless 'you are subject to the tax on unrelated business income under
Section 511 of the Code. If you are subject to ...

Click here for full text