501(c)6

(redirected from 501c6)

501(c)6

A subsection of the Internal Revenue Code governing the status of non-profit organizations devoted to business purposes. That is, a 501(c)5 organization seeks to promote better business conditions for persons or companies that belong to it. Examples of organizations that may register under subsection 501(c)6 include chambers of commerce and real estate boards. They may conduct lobbying for their causes, but not as their primary activity. 501(c)6 organizations are exempt from federal taxation.
References in periodicals archive ?
Her work in this position has resulted in PHNAC obtaining 501c6 status.
1 dollars this year, supports the programs of AIANY, the 501c6 professional organization of the architectural community in New York City, and the Center for Architecture Foundation, a design-education 501c3 nonprofit organization.
Georgia Music Partners (GMP) is a 501c6 not-for-profit organization, which seeks to grow and protect the business of music and related music technology in the state of Georgia through economic development efforts, tax incentives and applicable educational opportunities.
The Lee County Bar Association, a 501c6 not-for-profit organization, has served the citizens and legal community of Lee County since 1949 and has a current membership of almost 800.
The National Association of Hispanic Real Estate Professionals, a non-profit 501c6 trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them.
The Clean Technology & Sustainable Industries Organization (CTSI), a 501c6 non-profit industry association, represents the organizations developing, commercializing, and implementing energy, water, and environmental technologies.
The Clean Technology and Sustainable Industries Organization (CTSI), a 501c6 non-profit industry association, represents the organizations developing, commercializing, and implementing energy, water, and environmental technologies.
Originally conceived as a subcommittee of The Recording Academy[R] Atlanta Chapter of (which produces GRAMMY[R] Awards), GMP now operates as a 501c6, not-for-profit organization.
The Foundation for Chiropractic Progress is a 501c6 corporation that represents a cross section of the chiropractic and vendor communities with the goal of increasing the public's awareness of the benefits of chiropractic.