10-21-2014, 09:37 AM
501c3 is usually for a charity or religious organization. There are over twenty 501 sub sections. Somehow I doubt HPPOA is operated as a charity. A 501c4 may engage in limited political activities (most likely lobbying for their HoA interests)
I did find this on the internet:
"Depending on the activities engaged in, and also on the choice of the
particular organization, a homeowners' association may generally qualify for
exemption from federal income tax under IRC 501©(4), 501©(7), or 528. "
I did find this on the internet:
"Depending on the activities engaged in, and also on the choice of the
particular organization, a homeowners' association may generally qualify for
exemption from federal income tax under IRC 501©(4), 501©(7), or 528. "
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator