USBA: Ultra-Small Business Alliance

A Tiny Voice for Ultra-Small Business Owners Since January 18, 2009 (linger, learn and let your voice be heard too!)

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WHAT DOES 501(c)(3) INCLUDE? YOU WILL BE AMAZED!



You are welcome to dig further, but to get you started, the following text is from a commonly used Internet summary overview resource (acknowledged below):

 

According to the IRS Publication 557†, in the Organization Reference Chart section, the following is an exact list of 501(c) American tax-exempt organization types and their corresponding descriptions.[1]

501(c)(1) — Corporations Organized Under Act of Congress (including Federal Credit Unions)

501(c)(2) — Title Holding Corporation for Exempt Organization[2]

501(c)(3) — Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations

501(c)(4) — Civic Leagues, Social Welfare Organizations, and Local Associations of Employees

501(c)(5) — Labor, Agricultural, and Horticultural Organizations

501(c)(6) — Business Leagues, Chambers of Commerce, Real Estate Boards, etc.

501(c)(7) — Social and Recreational Clubs

501(c)(8) — Fraternal Beneficiary Societies and Associations

501(c)(9) — Voluntary Employee Beneficiary Associations

501(c)(10) — Domestic Fraternal Societies and Associations

501(c)(11) — Teachers' Retirement Fund Associations

501(c)(12) — Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies, Mutual or Cooperative Telephone Companies, etc.

501(c)(13) — Cemetery Companies

501(c)(14) — State-Chartered Credit Unions, Mutual Reserve Funds

501(c)(15) — Mutual Insurance Companies or Associations

501(c)(16) — Cooperative Organizations to Finance Crop Operations

501(c)(17) — Supplemental Unemployment Benefit Trusts

501(c)(18) — Employee Funded Pension Trust (created before June 25, 1959)

501(c)(19) — Post or Organization of Past or Present Members of the Armed Forces

501(c)(20) — Group Legal Services Plan Organizations

501(c)(21) — Black lung Benefit Trusts

501(c)(22) — Withdrawal Liability Payment Fund

501(c)(23) — Veterans Organization (created before 1880)

501(c)(24) — Section 4049 ERISA Trusts

501(c)(25) — Title Holding Corporations or Trusts with Multiple Parents

501(c)(26) — State-Sponsored Organization Providing Health Coverage for High-Risk Individuals

501(c)(27) — State-Sponsored Workers' Compensation Reinsurance Organization

501(c)(28) — National Railroad Retirement Investment Trust

501(c)(29) — Qualified Nonprofit Health Insurance Issuers (Created in section 1322(h)(1) of the Affordable Care Act)[3]

 

† 501(c)(20) and 501(c)(24) organization types receive scant mention in IRS Publication 557 and are not included in its Organization Reference Chart. 501(c)(20) organizations are no longer tax-exempt under Section 501(c)(20) after June 30, 1992, but they may request to become exempt under Section 501(c)(9) effective July 1, 1992.[4] 501(c)(24) organizations are described as Section 4049 ERISA Trusts; Section 4049 of ERISA has been repealed.[5]  Under Section 511, a 501(c) organization is subject to tax on its "unrelated business income", whether or not the organization actually makes a profit, but not including selling donated merchandise or other business or trade carried on by volunteers, or certain bingo games.[6] Disposal of donated goods valued over $2,500, or acceptance of goods worth over $5,000 may also trigger special filing and record-keeping requirements.   Foregoing compiled by Wikipedia from IRS publications.




ABOUT THE USBA.us

     This is a service to enhance the outlook for the ultra-small business community in the United States: 3,000,000 independently owned firms seeking the pride and freedom of entrepreneurship by doing business with each other. 

      Ultra-small firms represent more than half of the for-profit enterprises in the USA, and their people are the roots that nourish and feed all larger firms, non-profits, churches, and local, state and federal governments in America!
 

 ©, TM John C. Randall 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023.   Hip Pocket Funding.  The USBA is a "not-for-profit" free-will alliance of those who care about enterprise and endeavorship, and is NOT a Federal 501c non-profit organization; it does not and will not knowingly receive any direct assistance or support from any entity that is funded by any government agencies at any level, and is free to express opinions under the rights of the First Amendment of the United States Constitution.  Links to other web sites, except RGIofVa.com, JohnCRandall.com and MasterMinder.com, from this web site do not constitute any form of responsibility for their contents or advertisements.  

     This web site is funded from my hip pocket by earned advisory fees and sales of educational business books and publications I have authored since 1979 (i.e. by John C. Randall ) at RGIofVa.com.  Buying these valuable "real-world based" publications is a fully-deductible business expense, not a charitable item
.  Publications from the Randall Group, Inc., have a 30 day money-back guarantee (see web site for details).  The ads on this site are NOT google(tm) or amazon(tm) ads, they are simply links to sites that you can explore and use if you wish to contact me for my services and publications.  Also this entity does not endorse any use of social media as a primary means for development of an independent enterprise or church, even though many do so (at their own risk of dependency).  Hint: Get your own domain name and independent web site hostiing and e-mail service.

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P.S.  If you did the math, you discovered that I am only 85 years old.  I am still very much alive, serving clients and blessed to be healthy, living life to the fullest, day-by-day, and all the Glory goes to the one true God: the God of Abraham, Isaac, and Jacob.

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