What does 501(c) mean?

Definitions for 501(c)
501(c)

This dictionary definitions page includes all the possible meanings, example usage and translations of the word 501(c).


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Wikidata

  1. 501(c)

    A 501(c) organization, also known colloquially as either a 501(c) or a "nonprofit", is an American tax-exempt nonprofit organization. Section 501(c) of the United States Internal Revenue Code provides that 28 types of nonprofit organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for attaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well.

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Numerology

  1. Chaldean Numerology

    The numerical value of 501(c) in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of 501(c) in Pythagorean Numerology is: 3

Examples of 501(c) in a Sentence

  1. Jaqueline Ayers:

    It’s disappointing that while Planned Parenthood health centers across the country continue to provide essential health care in their communities throughout the COVID-19 pandemic, Congressional Republicans continue to focus on baseless political attacks, like many other local nonprofits and health care providers, the independent Planned Parenthood 501(c)(3) organizations who were awarded PPP loans met the eligibility requirements established by both Congress and the Small Business Administration.

  2. Rick Harbaugh of the Albuquerque:

    Most people, when they apply for a 501(c) (4) status, they receive the designation within a few months, the IRS reviews the information and makes a determination. With us, they are still making a determination on documents we sent them 2 or 3 years ago. We have sent them well over 1,000 pages of information that they have requested. This is outrageous.

  3. Eric Ventimiglia:

    Gov. Whitmer’s use of 501(c)(4) funds for personal benefit is a clear violation of the law and we’ve asked the IRS to launch a full investigation into the matter, from her blatant hypocrisy to the litany of ethical and legal violations, Gov. Whitmer has spent the last two months misleading the people of Michigan about her trip to Florida. It’s time for her to be held accountable.


Translations for 501(c)

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"501(c)." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/501%28c%29>.

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