Sentences with phrase «exempt under code»

Charitable Status: The Arizona Charter Schools Association is an organization tax - exempt under Code Section 501 (c)(3) and qualifies for a charitable contribution deduction.

The 401 (k) plan is intended to be qualified under Code Section 401 (a) with the 401 (k) plan's related trust intended to be tax exempt under Code Section 501 (a).

Not exact matches

For the purposes of the Public Service Loan Forgiveness Program, not - for - profit organizations that are not tax - exempt under Section 501 (c)(3) of the Internal Revenue Code are considered qualifying...

Not - for - profit organizations that are not tax - exempt under Section 501 (c)(3) of the Internal Revenue Code and that do not provide a qualifying public service as their primary function

All organizations that are tax - exempt under section 501 (c)(3) of the Internal Revenue Code qualify, regardless of the services that they provide.

It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).

Parent is involved in several lawsuits in which the plaintiffs are seeking unpaid overtime compensation and other damages based on allegations that various employees of Electronic Data Systems Corporation («EDS») or Parent have been misclassified as exempt employees under the Fair Labor Standards Act and / or in violation of the California Labor Code or other state laws.

Tax - exempt bonds may be issued under the Internal Revenue Code only by limited types of issuers for limited types of projects.

Charitable Organization A tax - exempt organization registered with the IRS and recognized under Section 501 (c)(3) of the Internal Revenue Code.

Happily, tax - exempt organizations under section 501 (c)(3) of the tax code» whether they be churches or humane societies» are free to be as public as they want to be about whatever concerns them, no matter how controversial or «political» the subject.

but as a tax - exempt enti «ty under tax code 501 (c) they are required to have open books, as they would be listed as a non-profit.

Under Section 501 (C)(3) of the Internal Revenue Code of 1954, contributions to educational institutions are tax exempt; in other words, a rich and rabid football fan can deduct the cost of sending a swivel - hipped halfback to his favorite seat of learning.

The Hawaii State Junior Golf Association is a non-profit, tax - exempt organization under section 501 (c)(3) of the Internal Revenue Code and gains it's funding through memberships, sponsorships, grants and contributions.

RDA RECEIVES TAX EXEMPT STATUS: We just received confirmation that on July 7, 2005, the IRS determined RDA to be tax exempt under 501 (c)(3) of the Internal RevenueEXEMPT STATUS: We just received confirmation that on July 7, 2005, the IRS determined RDA to be tax exempt under 501 (c)(3) of the Internal Revenueexempt under 501 (c)(3) of the Internal Revenue code.

Upon dissolution of the Corporation, any assets remaining after payment of or provision for its debts and liabilities shall, consistent with the purposes of the organization, be paid over to charitable organizations exempt under the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code or corresponding provisions of subsequently enacted federal law and whose purposes and objectives promote breastfeeding education and support.

Kids In Danger is a not - for - profit organization recognized as tax - exempt under Internal Revenue Code section 501 (c)(3).

The Internal Revenue Service has determined that the Empire Center is exempt from federal income tax under section 501c3 of the Internal Revenue Code, meaning contributions to the Empire Center are deductible to the full extent provided by law.

In the event of dissolution or termination of the Association, the Board shall, after the payment of all of the liabilities of the Association, dispose of all of the assets of the Association exclusively for the objectives of the Association, in such manner, or to such organization or organizations organized exclusively for charitable, educational, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) as the Board shall determine.

Notwithstanding any of the provisions of the Constitution, the Association shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from Federal income tax under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) or (b) by a corporation, contributions to which are deductible under Section 170 (c) 2 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

In the event of dissolution of the Division, any assets of the Division, remaining thereafter shall be conveyed to the American Association for the Advancement of Science or, failing its existence, to such organization then existent dedicated to objectives similar to those of the Division and the American Association for the Advancement of Science, so long as whichever organization is selected by the governing body of the Division at the time of dissolution shall be exempt under Section 501 (c)(3) of the Internal Revenue Code of 1954, as amended, or under such successor provision of the Code as may be in effect at the time of the Divisions dissolution.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

In the event of dissolution of the Division, any assets of the Division remaining thereafter shall be transferred by the Finance Officer to the American Association for the Advancement of Science, or failing its existence, to such organization as may be dedicated to objectives similar to those of the Arctic Division of the Association, as determined by the Executive Committee of the Arctic Division, and provided that such organization is exempt under Section 501 (c)(3) of the Internal Revenue Code of 1954, as amended, or under such successor provision of the Code as may be in effect at the time of the Division's dissolution.

The Conquer Cancer Foundation is a public charity exempt from federal income tax under Section 501 (c)(3) of the Internal Revenue Code and the organization's Federal Identification Number (EIN) is 31-1667995.

The SMA Foundation is a tax - exempt charitable organization under Section 501 (c)(3) of the Internal Revenue Code.

The Forensic Sciences Foundation, Inc., is a non-profit tax exempt organization under Section 501 (c)(3) of the Internal Revenue Code.

Under a provision of the state penal code, he said, parents and teachers are exempt from any criminal assault charges stemming from the use of corporal punishment.

The Arizona Student Achievement Coalition (ASAC) is a tax - exempt entity organized and operating under section 501 (c)(4) of the Internal Revenue Code.

A hope operator is a nonprofit organization with tax exempt status under s. 501 (c)(3) of the Internal Revenue Code that operates three or more charter schools that serve students in grades K - 12 in Florida or other states with a record of serving students from low - income families and is designated by the State Board of Education as a hope operator based on a determination that:

One of the central questions for the district is the structure of governance: the Magnolia network runs its 11 schools under an «umbrella model,» using a single, tax - exempt non-profit status, under section 501 (c)(3) of the Internal Revenue Code, and one governing board.

According to s. 1002.332, F.S., a high - performing charter school system is a municipality, other public entity, private non-profit corporation with tax - exempt status under s. 501 (c)(3) of the Internal Revenue Code, or a private for - profit education management corporation that meets each of the following criteria:

Following the Legislature's intent to change from rule - based to performance - based accountability, charters are exempt from many elements of California Education Code under what is commonly referred to as the «Charter mega-waiver.»

Any project that includes funds awarded under section 5309 of title 49, United States Code, shall be exempt from consolidation under this section unless the grant recipient requests the Federal Transit Administration to be the lead administering authority.

Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.

Qualifying employment includes working for governmental organizations, not - for - profit organizations that are tax - exempt under section 501 (c)(3) of the Internal Revenue Service Code or a qualifying public service at a not - for - profit organization.

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

Tax - exempt bonds may be issued under the Internal Revenue Code only by limited types of issuers for limited types of projects.

The rules regarding what's exempt is stricter in Minnesota than under the Bankruptcy Code.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Qualifying employment in a public service job is defined as any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).

No credit counselor shall be granted a permit pursuant to this chapter unless qualified as an exempt organization under section 501 (c)(3) of the Internal Revenue Code [FN1].

(5) Any nonprofit organization exempt from taxation under the United States Internal Revenue Code, Section 501 (c)(3) to the extent that the organization's activities are consistent with those set forth in its application for tax exemption to the Internal Revenue Service;

A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code, as defined in section 422.3.

So to reward your goodness, we offer a checking account for charitable non-profits that are tax exempt under Section 501c (3), (4), and (10) of the Internal Revenue Code.

Moreover, in this line of cases, there already had been a decision that adopts a two - part test for bona fide tax - exempt nonprofit credit counseling agencies, requiring such agencies to: (1) be recognized by the IRS as being exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code; and (2) actually operate as a bona fide nonprofit organization.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

Qualifying employment is any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).

The Columbia Bank Foundation provides grants and contributions only to organizations within our marketing area that are recognized as tax - exempt under Section 501 (c)(3) of the Internal Revenue Code.

(4) A nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code.

Refers to those types of privately owned or privately used facilities which are authorized to be issued on a tax - exempt basis under the Internal Revenue Code.

The section of the Internal Revenue Code under which not - for - profit organizations receive their tax - exempt status.