Discover the distinction between 501(c) and 501(c)(3) designations. Learn about tax-exempt organizations and the unique benefits each classification offers.

501 (c)18 plans may only be funded by employee contributions, not by employer contributions. Money held inside a 501 (c)18 plan can only be used to pay out pension benefits to participating employees.

So what is a 501 (c) (4) exactly? The IRS will grant 501 (c) (4) status to organizations that are "not organized for profit but operated exclusively for the promotion of social welfare." ...

Section 501(c)(3) of the Internal Revenue Code, more commonly known as the tax code, defines organizations that are exempt from taxes because they operate in the public interest. Another name for ...

A 501 C (6) organization is tax speak for a business association such as a chamber of commerce. Although they're organized to promote business, they don't generate a profit and don't pay shares or ...

Section 501 (c) (4) describes two types of exempt organizations: (1) those that are organized for the promotion of social welfare and (2) local associations of employees. [2] ...

One of the most important decisions a board determines is what constitutes reasonable compensation. The rules for this determination are robust and so ...

Operating Engineers Local 501 has finalized its first contract with The Venetian hotel-casino, covering hundreds of workers at one of the Strip’s largest properties. The five-year agreement ...

Learn about the differences between private foundations and public charities, which are two types of charitable organizations, and how they acquire funds.

Homeless individuals have been a topic of conversation in Tahlequah for years, and the organization Tahlequah Resource Outreach Team is making headway. At the monthly meeting March 13, TROT ...

The Pat Summitt Foundation received its determination letter from the IRS designating it a 501(c)(3) public charity the weekend of Summitt's birthday.