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FTB 3500 Exemption Application  PART THREE 

DOCUMENTS TO ATTACH">

FTB 3500 Exemption Application  PART THREE 

DOCUMENTS TO ATTACH, FAX OR MAIL US AND ADDITIONAL INFORMATION TO PROVIDE IN THIS FORM.

Corp Name
* Email

TO ENSURE THAT THE FTB WILL PROCESS YOUR EXEMPTION APPLICATION, ATTACH, FAX, MAIL US OR EMAIL US THE FOLLOWING INFORMATION TO YOUR APPLICATION.

  •  A copy of the creating document (filed articles of association / incorporation)  and a signed (by governing body) bylaws, proposed bylaws, or other code of regulations.  Unless, we incorporated your Company, so we probably have a copy.

  • Financial documents. The documents to be provided depend upon whether the organization has been operating or has not yet started to operate.

  • If the organization:

  1. Organization is been operating, furnish

    • Complete statements of receipts and expenditures, assets and liabilities for each accounting period that it has been in existence and for which exemption is requested.   See the Receipts and Expense Statement . Do not send bank statements or monthly reports. However, bank statements or monthly reports should be retained as support for items on the income and expense statement.

     

  2. If organization has been operating but has not had any financial activity, provide

    • information substantiating operations during the years for which you are requesting exemption. Example, minutes from meetings of board of directors.

     

  3. If organization has Not yet started to operate, furnish

  4. A proposed budget showing the sources of

    1. income and areas of

    2. expenditures for the first year of operation.

    The budget is required before the FTB will process the application and should be based upon the most reasonable expectations. Refer to the  Receipts and Expense Statement .

  5. A statement describing the specific purposes for which the organization was formed.

  • A general nonprofit purpose statement will not be acceptable, and do not quote the articles of incorporation or bylaws.    

  1. A statement describing in detail the programs and activities that the organization presently conducts or will conduct and how it will accomplish its specific purposes. 

  2. A statement describing in detail each type or source of funding, each fund-raising activity, and each business enterprise the organization has engaged in or  plans to engage in either alone or with other parties (accompanied by copies of all agreements, if any, for the conduct of each fund-raising activity or  business enterprise).

  3. A statement that fully explains any discontinued specific activities that the organization engaged in or sponsored. Give dates of commencement and  termination and the reasons for discontinuance. (Omit if this is a new organization.)

  4. A copy of each lease, if any, in which the organization is the lessee or lessor of property (real, personal, gas, oil, or mineral), or in which an interest is owned under such lease, together with copies of all agreements with other parties for development of the property.

    • Samples of any literature that the organization sells or distributes and samples of any organizational advertising.

     

    In order to avoid losing your info, If you have problems submitting your form, ( for example you get a message: "oops!  must be a tripod website" ) after you receive the oops message, just click the "back" button and complete the missing information - if you still receive an oops message,  you may want to just print the completed form and mail it to:

    XKR ESSEX INC 14927 LONG BEACH. CA. 90853