steve_swv
20p16 comments posted · 0 followers · following 0
159 weeks ago @ Rancho Cordova Post - Rancho Cordova Police ... · 0 replies · +1 points
160 weeks ago @ Rancho Cordova Post - Lawsuit Settled: Carpo... · 0 replies · +1 points
160 weeks ago @ Rancho Cordova Post - Misfits of Fandom- Jan... · 0 replies · +1 points
164 weeks ago @ Rancho Cordova Post - Why I'm Thankful to Li... · 0 replies · +1 points
164 weeks ago @ Rancho Cordova Post - Project 680: Warms Hea... · 0 replies · +1 points
164 weeks ago @ Rancho Cordova Post - Home Front to the Fron... · 0 replies · +1 points
165 weeks ago @ Rancho Cordova Post - VSP Tax Appeal to be D... · 0 replies · +1 points
"In 1960, VSP was granted exemption, pursuant to Internal Revenue Code § 501(c)4, from federal income taxes ."
IRC code 501(c)4:
501(c)(4) exemptions are given to civic leagues or organizations not organized for profit and operated exclusively for the promotion of social welfare, or local associations of employees. Net earnings are devoted exclusively to charitable, educational, or recreational purposes.[9]
The exemption applies so long as "...no part of the net earnings of such entity inures to the benefit of any private shareholder or individual."[10]
Not sure that they follow all the rules...but this is WHY they were given tax exempt status.
165 weeks ago @ Rancho Cordova Post - Stand Alone Walgreens ... · 0 replies · +1 points
165 weeks ago @ Rancho Cordova Post - Coroner Reports Robins... · 0 replies · +1 points
165 weeks ago @ Rancho Cordova Post - Thunderbirds Will Retu... · 0 replies · +1 points
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