Understanding 501(c)(4) Social Welfare Organizations
Board Effect
JULY 13, 2023
While all 501(c) organizations are tax-exempt, the federal government established various IRS subcodes to designate the specific type of work a nonprofit does. An example of a professional association is the Independent Insurance Agents of Illinois (IIAI). What Are the Advantages of a 501(c)(4)? Both are business leagues.
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