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A business's membership dues paid to a 501(c)(6) organization are generally an ordinary and necessary business expense. [75] The membership dues are tax-deductible in full unless a substantial part of the 501(c)(6) organization's activities consists of political activity, in which case a tax deduction is allowed only for the portion of ...
Membership organization. A membership organization is any organization that allows people or entities to subscribe, and often requires them to pay a membership fee or "subscription". [1] Membership organizations typically have a particular purpose, which involves connecting people together around a particular activity, geographical location ...
Good standing. A person or organization in good standing is regarded as having no financial obligations. [1] [2] A business entity that is in good standing has unabated powers to conduct its activities, which can include business endeavors. [3] Similarly, a person who is in good standing within an organization or educational institution may ...
Union dues. Union dues are regular payments made by workers which grant membership of a trade union. [1] Dues fund the provision of union services such as representation in collective bargaining and education activities. Nearly all unions require their members to pay dues.
The American Civil Liberties Union ( ACLU) is an American nonprofit human rights organization founded in 1920. The organization's website has stated that the organization strives "to defend and preserve the individual rights and liberties guaranteed to every person in this country by the Constitution and laws of the United States ." [ 6]
A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the mutual benefit of its members. A mutual-benefit corporation can be non-profit or not-for-profit in ...
Homeowner association. A homeowner association (or homeowners' association, abbreviated HOA, sometimes referred to as a property owners' association or POA ), or a homeowner community, is a private association-like entity in the United States, Canada, the Philippines and certain other countries often formed either ipso jure in a building with ...
The American Psychological Association ( APA) is the main professional organization of psychologists in the United States, [ 1] and the largest psychological association in the world. It has over 157,000 members, including scientists, educators, clinicians, consultants, and students. [ 1] It has 54 divisions, which function as interest groups ...