{"id":722,"date":"2018-04-12T16:20:20","date_gmt":"2018-04-12T20:20:20","guid":{"rendered":"https:\/\/www.thebranches.org\/?page_id=722"},"modified":"2018-07-27T16:28:38","modified_gmt":"2018-07-27T20:28:38","slug":"disclaimer","status":"publish","type":"page","link":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/","title":{"rendered":"Disclaimer"},"content":{"rendered":"<p>The Branches\u2019 Club is tax-exempt as a registered 501(7)(C) organization. The IRS imposes certain requirements to remain compliant and thus, tax-exempt, which the Board adheres to.<\/p>\n<p>One such IRS requirement limits the amount of Club revenue that may be generated from non-members. For facility reservations in which more than 25% of the attendees are non-members, the Club is required to maintain additional documentation and financial records per IRS requirements. This is applicable even if the member reserves the facility and pays the entire fee because the IRS 25% threshold is based on attendee mix, irrespective of who actually pays for the reservation fee. As such, the Board has approved an additional fee to compensate for these incremental requirements needed to retain the Club\u2019s tax-exempt status.<\/p>\n<p>Please see IRS 7.25.7 Social &amp; Recreational Clubs Ruling &amp; Agreements for further explanation. <a href=\"https:\/\/www.irs.gov\/irm\/part7\/irm_07-025-007.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.irs.gov\/irm\/part7\/irm_07-025-007.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Branches\u2019 Club is tax-exempt as a registered 501(7)(C) organization. The IRS imposes certain requirements to remain compliant and thus, tax-exempt, which the Board adheres to. One such IRS requirement limits the amount of Club revenue that may be generated from non-members. For facility reservations in which more than 25% of the attendees are non-members,<\/p>\n<p class=\"read-more\"><a href=\"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/\">Read More<\/a><\/p>\n","protected":false},"author":98,"featured_media":0,"parent":0,"menu_order":97,"comment_status":"closed","ping_status":"closed","template":"page-simple.php","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_cbd_carousel_blocks":"[]","footnotes":""},"class_list":["post-722","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Disclaimer - The Branches Club<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disclaimer - The Branches Club\" \/>\n<meta property=\"og:description\" content=\"The Branches\u2019 Club is tax-exempt as a registered 501(7)(C) organization. The IRS imposes certain requirements to remain compliant and thus, tax-exempt, which the Board adheres to. One such IRS requirement limits the amount of Club revenue that may be generated from non-members. 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The IRS imposes certain requirements to remain compliant and thus, tax-exempt, which the Board adheres to. One such IRS requirement limits the amount of Club revenue that may be generated from non-members. For facility reservations in which more than 25% of the attendees are non-members,Read More","og_url":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/","og_site_name":"The Branches Club","article_modified_time":"2018-07-27T20:28:38+00:00","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/","url":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/","name":"Disclaimer - The Branches Club","isPartOf":{"@id":"https:\/\/162.241.140.166\/~thebranches\/#website"},"datePublished":"2018-04-12T20:20:20+00:00","dateModified":"2018-07-27T20:28:38+00:00","breadcrumb":{"@id":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/162.241.140.166\/~thebranches\/disclaimer\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/162.241.140.166\/~thebranches\/disclaimer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/162.241.140.166\/~thebranches\/"},{"@type":"ListItem","position":2,"name":"Disclaimer"}]},{"@type":"WebSite","@id":"https:\/\/162.241.140.166\/~thebranches\/#website","url":"https:\/\/162.241.140.166\/~thebranches\/","name":"The Branches Club","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/162.241.140.166\/~thebranches\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/pages\/722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/comments?post=722"}],"version-history":[{"count":1,"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/pages\/722\/revisions"}],"predecessor-version":[{"id":723,"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/pages\/722\/revisions\/723"}],"wp:attachment":[{"href":"http:\/\/162.241.140.166\/~thebranches\/wp-json\/wp\/v2\/media?parent=722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}