As my task from this past week for the Mesh group has been to do some more research on tax structure advantages and disadvantages - I wanted to share my excitement about 501(c)(7) with everyone. Social Clubs!
Examples of 501(c)(7) ----
- College social/academic fraternities and sororities
- Country clubs
- Amateur hunting, fishing, tennis, swimming and other sport clubs
- Dinner clubs that provide a meeting place library, and dining room for members
- Variety clubs
- Hobby clubs
- Homeowners or community associations whose primary function is to own and maintain recreational areas and facilities