Our friends group had a large fundraiser this summer and has a significant balance in their non-interest bearing checking account.  One of the members had suggested opening a short term CD to earn interest.  Our Friends President is concerned about what happens once the account earns interest and the bank generates a 1099INT.  Our friends group is not a 501©3 and is worried about then filing a tax return at the end of the year. 

Something that we had never thought of before, just curious what other groups do. 

Thanks!

Amy