Frequently Asked Questions
Here are some Frequently Asked Questions and responses. Please check back for new FAQ and responses. If you have a question not addressed here, please email us by clicking here. Your question may be added to this page to help others with the same or similar question.
What is a 501(c)(6) organization?
Section 501(c)(6) of the Internal Revenue Code provides for the exemption from tax 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.
Are gifts to the Association tax deductible?
No. Unlike a 501(c)(3) organization, gifts to a 501(c)(6) organization like the Association are not tax-deductible.