We often get asked whether community associations can or do qualify as 501(c) organizations under the Internal Revenue Code. Sometimes the question arises because the association derives too much income from sources other than assessments to file IRS Form 1120-H, and it is looking at way to...
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NE: Treasurer gets probation for theft
The former treasurer of a west Omaha neighborhood association was sentenced Wednesday to two years of probation for stealing at least $58,000 from the organization.
Authors: Community Associations Network National
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