February 09, 2007

501 (c)(3) INFORMATION

Finance Committee Chairman Arnold Zimmerman has called to our attention that the IRS has published a course about what 501 (c)(3) organization officers and directors can and cannot do in order to maintain their tax exempt status. It is actually a test which gets graded, and is more easily understood that much "government-ese."

Since many of our officers/members have asked questions about this issue, I would recommend you check it out at http://www.stayexempt.org/.

By the way, Zim said he got 100% on the first section. But he's a CPA!


Jan Hoynacki, Executive Director
United States Pilots Association

Posted by Jan at February 9, 2007 11:11 AM