Definitions for "Section 501"
under this section of the 1986 Internal Revenue Code, the CWA and its affiliates are defined as exempt labor organizations whose general nature of activities are educational or instructive, with the purpose of improving conditions of work, and improving products and efficiency. These organizations are required to file an annual return using either IRS Form 990 or the 990-EZ Short Form.
Section of the Internal Revenue Code that designates organizations as charitable and tax-exempt. New Tribes Mission, NTBI's parent organization, is tax-exempt under Section 501(c)(3) and is classified as a public charity under Section 509(a)(1).
Section of the Internal Revenue Code that designates organizations as charitable and tax-exempt. New Hope Christian Community Foundation is tax-exempt under Section 501(c)(3) and is classified as a public charity under Section 509(a)(1).
A provision of the Trade Act of 1974 providing for duty-free entry of merchandise imported from beneficiary developing countries under the Generalized ~ System of Preferences or GSP (Sec.1). Section 501 specifically excludes some countries --as well as certain products regardless of origin --from asp eligibility .Criteria are provided for withdrawing or suspending eligibility for asp treatment.