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To: Jayster

What was the need to be a 501 c 3?

Could the groups associate and function without being a 501 c 3?

Just wondering why, is all.


17 posted on 05/10/2013 3:41:24 PM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000))
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To: WildHighlander57

Because a 501(c)3 is tax exempt. Without it, every bake sale or fish fry your organization holds is taxable.


20 posted on 05/10/2013 3:49:55 PM PDT by righttackle44 (Take scalps. Leave the bodies as a warning.)
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To: WildHighlander57

Being “501(c)(3)” means that a particular nonprofit organization has been approved by the Internal Revenue Service as a tax-exempt, charitable organization. “Charitable” is broadly defined as being established for purposes that are religious, educational, charitable, scientific, literary, testing for public safety, fostering of national or international amateur sports, or prevention of cruelty to animals and children


22 posted on 05/10/2013 3:50:40 PM PDT by Jayster
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