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Home > Law > Corporate Law   »   501 (c) 7 organizations

 
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Old Jan 17, 2006, 06:49 AM
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Billyt
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501 (c) 7 organizations

(1). Can other clubs that are already formed, join a 501 (c) 7 recreational organization or do the members of the 501 (c) 7 have to be individuals instead of clubs coming together?
(2). Can an organization donate money to a 501 (c) 7 organization? I asked this because I understand that the 501 (c) 7 can only derive revenue from it's members in the way of membership dues - etc. and not from cash donations.
(3). If clubs can join this 501 (c) 7, can these clubs be a for profit club and can these for profit clubs have a seat on the Board of Directors of the 501 (c) 7 non-profit organization?
non-profit organization and have one vote per club?
(4). Can the majority of the revenue that the 501 (c) 7 generates, (over 70%) be derived from the general public, (i.e. addmissions from the door of a dance or dinner opened to the general public)?

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