Hello what is th rules on a nonprifit 501c7 workking for a forprofit LLC

What do you mean "working for?" A 501c7 is not designed to earn profit, although 35% of income can come from non-purpose methods. However, this 35% is NOT tax-exempt. Also, only 15% of income can come from public use of the organization's facilities.

What exactly is the 501c7 doing for the LLC?

Hi I own a small hobby farm I want to start a horse rescue and be a nonprofit the land and the barns need to be updated how do I go about getting money for repairs in starting the noprofit all my money is in the land in home if I don't something soon to get some help I may lose my home

Hello hot:

I don't know how you found this old thread to ask your question on... You should have started your own. Oh, well.

If you have money in your land, get a second mortgage to start your business.


excon