501(c)(3) Recognition Awarded

We did it!

Southern LEO Challenge Coins, Inc., a Florida not for profit corporation, has been recognized federally as a tax-exempt 501(c)(3) nonprofit. The next obvious question is “What does that mean?” Tax exemption under the Internal Revenue Code section 510(c)(3) provides a number of benefits, including: 

Exemption from Federal income tax

Exemption from sales and employment taxes

Reduced postal rates

Exemption from Federal unemployment tax

Tax-exempt financing

Of the many benefits, the one that matters most to our members is tax-deductible contributions. Going forward, your donations to Southern LEO Challenge Coins, Inc. will be tax deductible. We have some behind the scenes work to do to provide annual contribution information to you. We would also suggest you start keeping track of monies donated to Southern LEO Challenge Coins, Inc. if you intend to claim the contribution on your taxes. 

This administrative accomplishment would not have been possible without our members, who, collectively, have donated more than $100,000 since our inception a few short years ago. We truly appreciate each of you.