White Paper

8 Pages
  • 8 Pages

Transparency in Your Nonprofit Organization


Review tax-exempt organizations and not-for-profit corporate law.

Associations are generally considered by the IRS to be “business leagues” as defined by Section 501(c)(6) of the IRS Code. Things to look at to determine whether an association qualifies as tax exempt are that it not be organized for profit, that no part of its earnings inure to the benefit of any private shareholder or individual (except as payment for services rendered to the association), that the organization be an association of persons or firms having a common business interest, that its activities be directed to the improvement of conditions in one or more lines of business, that it not be engaged regularly in a business of a kind ordinarily carried on for profit, that its activities not be confined to the performance of particular services for individual members, and that it be a business league and in the same general class as a chamber of commerce or board of trade. This white paper reviews the IRS test for determining tax-exempt status and discusses taxation of tax-exempt organizations.



Samuel J. Erkonen

Samuel J. Erkonen

Howe & Hutton, Ltd.

  • Partner with Howe & Hutton, Ltd.
  • Practice is limited primarily to not-for-profit organizations and the hospitality industry
  • Admitted in nine different federal jurisdictions nationwide
  • Provides (before COVID-19) 30-40 educational presentations yearly in connection with not-for-profit law and related liability issues
  • J.D. degree; LL.M. (masters of law) degree in taxation, Washington University in St. Louis; graduate in finance, University of Iowa
  • Can be contacted at 815-919-6580, [email protected], or [email protected]

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