Articles

In a 2004 ruling, the IRS determined that a Section 501(c)(3) membership association’s certification program generates taxable unrelated business income (“UBI”) to the association. The ruling – a Private Letter Ruling (PLR 200439043, June 28,… Read More

While most income of nonprofit, tax-exempt organizations is exempt from federal and state corporate income tax, certain income of nonprofits is subject to tax – a tax known as the unrelated business income tax (UBIT). The rules governing UBIT are c… Read More

The terminology used to describe nonprofit, tax-exempt organizations often generates much confusion. Consequently, it is useful to clarify two key terms. Nonprofit entities are generally organized and operated as both nonprofit and tax-exempt entitie… Read More

Nonprofit officers, directors, committee members, and others involved in the nonprofit's governance structure are often unclear as to their roles and responsibilities. Read More

The COVID-19 pandemic has caused great financial distress and pressure for countless associations, making the need to maximize revenues even greater. As traditional revenue sources such as conference registration fees, exhibitor fees, membership dues… Read More

Whenever an association permits others to use its logo – be it members, chapters and other affiliated organizations, endorsed vendors, corporate sponsors, or others – it is imperative for the association to put strict conditions and limitations o… Read More

Nonprofit organizations that qualify for federal income tax exemption under Section 501(c)(3) of the Internal Revenue Code (the “Code”) have the most favorable tax status, but they also have the most restrictions on government affairs act… Read More

In general, tax-exempt organizations must make available for public inspection certain annual information and tax returns and applications for recognition of federal tax exemption, and must provide copies of such returns and applications to individua… Read More