IRS Approves DAUSA’s Tax Exempt Status Application
May 12, 2015
After over twenty years of hoping and trying to have the Danao Association USA, become an accredited non-profit organization in the U.S. and be determined as tax exempt by the IRS, its realization has finally come.
We received only yesterday, May 11, 2015, the highly anticipated IRS determination letter that says “you are exempt from Federal income tax under section 501(c)(A3) of the Internal Revenue Code.”
We acknowledge and express our great appreciation to the efforts of our very own accountant, Leo Montegrande, his lovely wife, former DAUSA President Gemma, treasurer Darling Dayondon and incumbent president Eric Cabahug who labored so hard to have this tax exempt status approved by the IRS,
DAUSA benefactors and sponsors will now be encouraged to give more to our association since their donations can now be tax deductible.
Doctors and nurses from the U.S. who desire to volunteer in future medical missions,may claim for deductions their travel expenses,
Once again thank you Leo and Gemma Montegrande, Darling Dayondon and Eric Cabahug for a job so well done.