The IRS stripped North Carolina's NAACP state chapter of its tax-exempt status for failing to file tax returns for three years.
FILE - The Rev. T. Anthony Spearman, then-president of the North Carolina NAACP, crumples up a mailer which tells voters that IDs are needed in the upcoming 2020 election during a news conference outside the Legislative Building in Raleigh, N.C., on Dec. 27, 2019. North Carolina’s influential state chapter of the NAACP has lost its federal tax-exempt status for failing to file tax returns for three years, according to the federal government.
when the state Supreme Court ruled a lower court must consider nullifying a voter ID mandate approved by citizens in 2018.in Raleigh. The newspaper reports that experts on charitable giving say losing the status could hinder fundraising efforts and potentially drain the organization's resources through taxes on donations and fines.
Da’Quan Love was recently appointed by the national organization to serve as executive director of the North Carolina NAACP. He toldhe views his role as a consultant to help the state chapter shore up its finances as the national organization performs a multi-year audit of its finances. He previously served as a leader of the Virginia branch of the NAACP.
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