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Association Brain Food Weekly: 4.10.20

Reid All About it

The weekly list of free educational events and resources for the association community… Virtual association survey. Quick hits before we get to the list of this week’s free education: Tips for safer Zoom meetings—plus one of the best Zoom gallery views I’ve seen. Here are the educational events scheduled for next week.

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Association Law Blog: The IRS, Private Inurement and Non-Profit.

Association Law

Section 501(c)(6) of the Internal Revenue Code provides for the exemption of business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues, which are not organized for profit and “no part of the net earnings of which inures to the benefit of any private shareholder or individual.”

CA 40
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Tax Time Coming Up - UBIT Guidelines for 501(c) Organizations

Association Law

Associate member dues revenues, provided the associate member category has a genuine purpose other than producing income. Revenues from the rental or licensing of membership mailing lists. Insurance program revenues, other than royalties. Trade shows and conventions carried on as part of the association’s exempt purpose.