Clubs in The Villages
How many of you are members of a club here in The Villages who collect dues or have other income of some sort (donations, etc) that have filed as a non profit 501 (c)(7) entity ?
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I belong to 3 clubs....all require a ridiculously low dues.
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None of the clubs that I belong to have non profit status and still collect minimal dues.
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I think that any club that collects dues is supposed to. I attend four groups each week at Laurel Manor and none collects money for anything. The people who take responsibility for the group are true volunteers and I appreciate them each and all.
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I would like to know the answer to the question, as well. I understand the clubs that don't have a bank account and collect minimal dues not filing, but what about the ones that have a bank account and, therefore, a Tax I.D. number?
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OK, thanks Len. Your club is probably a 501(c)(3), charitable organization. I think the OP and I are wondering about 501(c)(7), social clubs and whether they have to file, even though they wouldn't owe tax.
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Yes we're a C3
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Call a CPA.
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