Association Law Blog: The IRS, Private Inurement and Non-Profit.
Association Law
MARCH 14, 2011
This is, of course, a summary, not an exhaustive review of the subject. An outline of inurement principles is available in the IRS publication “ Exempt Organizations – Technical Instructions Program for FY 2003.” Indeed, even the IRS admits that it is unable to assign it a precise definition. Source: [link] ).
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