Revenue Ruling 69-280
A condominium association cannot qualify for exemption under IRC Section 501(c)(4) because it is operated primarily for the benefit of the members. Click here for full copy of Revenue Ruling 69-280.
Revenue Ruling 69-281
A recreational organization providing exclusive and automatic membership to the homeowners of a housing development may qualify for exemption as a recreational organization under IRC Section 501(c)(7). Click here for full copy of Revenue Ruling 69-281.
Revenue Ruling 72-102
A homeowners association formed to preserve the appearance of a housing development and maintain the common areas qualified as exempt under IRC Section 501(c)(4). Note: This was modified by Revenue Ruling 74-99. Click here for full copy of Revenue Ruling 72-102.
Revenue Ruling 74-17
A condominium association cannot qualify for exemption under IRC Section 501(c)(4) because it is operated primarily for the benefit of the members. Click here for full copy of Revenue Ruling 74-17.
Revenue Ruling 74-99
Clarifies Revenue Ruling 72-102 in defining community, and establishes conditions for qualification as an exempt organization under IRC Section 501(c)(4). Click here for full copy of Revenue Ruling 74-99.
Revenue Ruling 80-63
Clarifies Revenue Ruling 74-99 in defining ability to qualify for 501(c)(4) exempt status. This Ruling establishes conditions for qualification and defines "community." Click here for full copy of Revenue Ruling 80-63.
Need Assistance?
Please contact Gary Porter for your association tax exemption services. We serve associations nationwide.
Background information on Gary Porter, CPA
Gary Porter, CPA is licensed by the California, Nevada, and Oregon Boards of Accountancy. His CPA practice is limited to Common Interest Realty Associations, including homeowners associations, condominium associations, timeshare associations, fractional ownership associations, and condo hotel associations. Mr. Porter is the co-author of the PPC (Practitioners Publishing Company) Guide to Homeowners Associations and Other Common Interest Realty Associations, and Homeowners Association Tax Library. He is also the author of more than 300 published articles on financial matters related to homeowners associations. He has been working with homeowners associations since 1976.