On Mar 6, 12:59*pm, Randy Teel wrote:
What are the Pros and Cons of a soaring club becoming
a 501(c)(3) operation? Our club has 25 members and
growing. We own 3 gliders and a Piper Pawnee. We rent
2 hangars at a public airport for our equipment.

Thanks for your time!

Randy Teel
Tulsa, OK

Randy: Go to WWW.IRS.Gov and download IRS publication 4220.
( Applying for 501(c)(3) Tax-Exempt Status). It is written in layman
and non technical terms. It will also assist you in determining the
general guidelines for organizations seeking tax exempt status as a
501 (c) (3).

Penn Smith