IRS Documents and Audited Financials
VSI is recognized by the IRS as a 501(c)(3) tax-exempt organization
A determination letter is the most important legal document an organization can possess. The IRS sends this letter after an organization has successfully applied for the recognition of its tax-exempt status. In this document, the IRS indicates under which section of the Internal Revenue Code an organization is qualified.
The determination letter is the only official document and proof that an organization is recognized as a tax-exempt organization.The Virginia Sheriffs’ Institute is organized under section 501(c)(3) of the Internal Revenue Code. Funding from associate members is used exclusively for training purposes pursuant to the tax deductible activities as approved by the IRS letter of determination dated August 25, 1981.
The Virginia Sheriffs’ Institute files an annual 990 Form with the Internal Revenue Service, which is required by all public charities and private foundations. The form lists assets, receipts, expenditures and compensation of officers. Below, please find the Virginia Sheriffs’ Institute’s 990 Form from the last 3 years.
The Virginia Sheriffs’ Institute conducts an audit annually by a certified public accounting firm at the end of its fiscal year. Below is the latest audited financial statement .