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About that IRS rule that cost local bowling associations their charters

JEFF RICHGELS | Posted: 5/15/2012, 4:00 AM
The United States Bowling Congress last week explained what to many was the mystery of local associations threatened with and/or losing their charters. As explained in this USBC news release, the associations — Bowlers Journal International reported that 77 ultimately lost their charters — had failed to file their 990 forms with the Internal Revenue Service. That cost them their non-profit status, which is required under USBC bylaws, leaving the organization no choice but to r...

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