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Topic: 527 organization

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527 group

Federal Election Campaign Act

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	Exemption Requirements - Political Organizations
		A political organization subject to 527 is a party, committee, association, fund, or other organization (whether or not incorporated) organized and operated primarily for the purpose of directly or indirectly accepting contributions or making expenditures, or both, for an exempt function.
		The exempt function of a political organization is influencing or attempting to influence the selection, nomination, election or appointment of an individual to a federal, state, or local public office or office in a political organization.
		When there are no formal organizational documents, consideration is given to statements of the members of the organization at the time of its formation that they intend to operate the organization primarily to carry on exempt function activities.
	www.irs.gov /charities/political/article/0,,id=96350,00.html (226 words)

	CRS Report: RL30582 - 527 Organizations: How the Differences in Tax and Election Laws Permit Certain Organizations to ...
		Organizations would be required to file a report of receipts and disbursements, and the names and addresses of contributors or recipients of over $200 in a calendar year on the same schedule as political committees.
		Organizations which only attempt to influence state or local elections, appointments to state or federal offices, or the selection of individuals to offices in a political organization; and groups which accept contributions or make expenditures of less than $5,000 per calendar year would be exempt from these requirements.
		Organizations which file with the FEC as political committees, state or local committees of political parties, political committees of state or local candidates, organizations with gross receipts of less than $25,000 per year, tax-exempt organizations with political expenditures, and independent expenditures would not be subject to the reporting requirement.
	www.ncseonline.org /nle/crsreports/risk/rsk-41.cfm (3957 words)

	527 group - Wikipedia, the free encyclopedia
		527 group, a type of tax-exempt organization, named after a section of the United States tax code, created primarily to influence the nomination, election, appointment or defeat of candidates for public office.
		Although candidate committees and political action committees are also created under Section 527 of the Internal Revenue Code, the term is generally used to refer to political organizations which are not regulated by the Federal Election Commission or a state elections commission and not subject to the same contribution limits as PACs.
		Because 527 organizations do not make expenditures to directly advocate the election or defeat of any candidate for federal elective office they avoid regulation by the Federal Elections Commission.
	en.wikipedia.org /wiki/527_group (585 words)

	CRS Report: RL30582 - 527 Organizations: How the Differences in Tax and Election Laws Permit Certain Organizations to ...
		Organizations would be required to file a report of receipts and disbursements, and the names and addresses of contributors or recipients of over $200 in a calendar year on the same schedule as political committees.
		Organizations which only attempt to influence state or local elections, appointments to state or federal offices, or the selection of individuals to offices in a political organization; and groups which accept contributions or make expenditures of less than $5,000 per calendar year would be exempt from these requirements.
		Organizations which file with the FEC as political committees, state or local committees of political parties, political committees of state or local candidates, organizations with gross receipts of less than $25,000 per year, tax-exempt organizations with political expenditures, and independent expenditures would not be subject to the reporting requirement.
	www.cnie.org /NLE/CRSreports/Risk/rsk-41.cfm (3957 words)

	TAP: Vol 11, Iss. 21. The Rise and Reform of Stealth PACs. Michael Trister. (Site not responding. Last check: 2007-11-04)
		Section 527 organizations are not restricted by the IRS rule that requires social welfare organizations to engage primarily in nonpolitical activities.
		It is even conceivable that the new 527 requirements may be struck down by the courts as violating the First Amendment, although supporters of the bill are confident this is unlikely in light of the broad latitude historically afforded by the courts with similar restrictions imposed by the government in return for tax exemption.
		While these organizations are required to identify their large contributors in their annual tax returns, this information is currently exempt from the public-disclosure rules applicable to other parts of the tax return, and they do not have to identify their expenditures made for political purposes at all.
	www.prospect.org /print/V11/21/trister-m.html (2183 words)

	Sandler, Reiff & Young, PC - Articles
		Section 527 is actually the section of the Internal Revenue code that allows all partisan political organizations to take contributions without paying taxes on them, to the extent the money is used on political purposes.
		And if such an organization is not a political committee for purposes of federal campaign finance laws, there is basically no legal limitation on the source or amount of contributions to the organization.
		Secondly, the electioneering provisions of BCRA prohibit 527 groups from using corporate or labor union contributions to run broadcast (including radio) or cable ads mentioning a federal candidate within 30 days of a primary or convention, or within 60 days of a general election in which that candidate is running.
	www.sandlerreiff.com /527.htm (1227 words)

	US CODE: Title 26,6104. Publicity of information required from certain exempt organizations and certain trusts
		In the case of an organization which is not a private foundation (within the meaning of section 509 (a)) or a political organization exempt from taxation under section 527, paragraph (1) shall not require the disclosure of the name or address of any contributor to the organization.
		In the case of an organization described in section 501 (d), paragraph (1) shall not require the disclosure of the copies referred to in section 6031 (b) with respect to such organization.
		The organizations referred to in paragraphs (1) and (2) of section 6033 (d) shall comply with the requirements of this subsection relating to annual returns filed under section 6033 in the same manner as the organizations referred to in paragraph (1).
	www.law.cornell.edu /uscode/26/6104.html (1408 words)

	Political Organizations
		Political organizations can continue to qualify under IRC section 527 between elections even though not supporting a particular candidate, if the organization is engaged in activities that are related to and support the selection process.
		An organization established for a single campaign can continue to qualify as a political organization after the election to wind up its affairs as long as its primary activities are exempt function activities.
		Organizations described in IRC section 501(c) that are subject to IRC section 527(f) because they have made an exempt function expenditure.
	www.irstaxattorney.com /irs-audits/76/447630_Political_Organizations.html (2129 words)

	PGDC News Story - CRS Issues Report on Reporting Requirements for Exempt Orgs
		In recent years, the term "527 organization" has been used to describe certain groups that intend to influence federal elections in ways that may be outside the scope of federal election law; however, the tax definition of the term is not limited to such organizations.
		The exceptions are political organizations that are required to report to the FEC as a political committee, are political committees of non-federal candidates or state or local committees of a political party, or anticipate having annual gross receipts of less than $25,000.
		If a 527 organization fails to file a timely or accurate Form 8872 [disclosure of contributions and expenditures], it is subject to a penalty that equals the highest corporate tax rate multiplied by the amount of contributions and/or expenditures to which the failure relates.
	www.pgdc.com /usa/item/?itemID=278771 (7484 words)

	GAO-02-444, Political Organizations: Data Disclosure and IRS's Oversight of Organizations Should Be Improved
		Discrepancies between the number of Section 527 organizations that have reported their formation to IRS and reported subsequent activities suggest that many Section 527 organizations are not filing timely, as required.
		Tax-exempt organizations engaging only in these types of issue ads are generally not subject to FECA, and until July 2000, not required to report their activities to a federal agency or publicly disclose data under federal law.
		For example, Section 527 organizations that report to FEC on contributions received over $50,000 and expenditures made, generally are required to electronically file while those that report to IRS are not and usually file paper forms.
	www.gao.gov /htext/d02444.html (13759 words)

	527s: Types of Advocacy Groups
		501(c)(4) groups are commonly called “social welfare” organizations that may engage in political activities, as long as these activities do not become their primary purpose.
		Currently, the FEC only requires a 527 group to file regular disclosure reports if it is a political party or political action committee (PAC) that engages in either activities expressly advocating the election or defeat of a federal candidate, or in electioneering communications.
		An organization’s PAC will collect money from the group’s employees or members and make contributions in the name of the PAC to candidates and political parties.
	www.opensecrets.org /527s/types.asp (488 words)

	What is a 527 Organization?
		According to the IRS, a Section 527 (§527) organization is an organization that is created to receive and disburse funds to influence or attempt to influence the nomination, election, appointment or defeat of candidates for public office.
		Often called “soft money” PACs or organizations, a §527 organization is permitted to accept contributions in any amount from any source. However, the organization is required to make regular reports to the Internal Revenue Service of its funding and expenditures.
		There are organizations that fall under the §527 organization definition but are not required to file with the IRS.
	www.gnossos.com /webhelp/What_is_a_527_Organization_.htm (163 words)

	Silent Partners - The Center for Public Integrity
		A 527 is a non-profit organization formed under Section 527 of the Internal Revenue Code, which grants tax-exempt status to political committees at the national, state and local level.
		For this document, the definition of "527 organization" is a political committee that files its most complete set of reports with the Internal Revenue Service, not with the Federal Election Commission or its counterparts in the states.
		If a 527 wants to run television or radio ads that mention or reference a federal candidate within 60 days of the general election, the money for those ads must be raised from individuals and not from corporate or labor union treasuries.
	www.publicintegrity.org /527/default.aspx?act=faq (916 words)

	Money & Politics Report Analysis & Opinion
		Putting aside for the moment the important qualification that the primary purpose of a 527 organization may be to influence state (or local) — rather than federal — elections, this primary purpose test under the IRC is essentially the same as the “major purpose” test under FECA.
		In contrast to 527s, these organizations are not permitted to have influencing elections as their primary purpose, although they may engage in electioneering as a secondary activity.
		By contrast, (c)(3) organizations – which have additional tax benefits beyond those available to (c)(4)s pursuant to I.R.C. 501(c)(3) – are not permitted to participate either directly or indirectly in political campaigns and thus cannot serve as a vehicle for electioneering.
	www.bna.com /moneyandpolitics/loophole.htm (3740 words)

	527info (Site not responding. Last check: 2007-11-04)
		Until very recently, a political organization operating under Section 527 of the Internal Revenue Code (the section which allows political organizations to claim tax exempt status) was not required to register as a section 527 organization, nor were they required to disclose to the IRS information regarding contributions and expenditures.
		The deadline for filing form 8871 (the initial registration as a 527) is Monday, July 31, and the penalty for not registering appears to be a 35% tax on non-reported contributions.
		Section 527 of the Internal Revenue Code was enacted in 1975 to clarify the circumstances under which the IRS can tax political organizations.
	www.ncsl.org /programs/legismgt/527info.htm (734 words)

	IRS Filing Regulations for Candidates and Committees
		The new law requires that a political organization notify the IRS both electronically and in writing that the organization is to be treated as a section 527 organization.
		Political organizations that are not required to file Form 8871 and state and local candidate and party committees are not required to file these periodic reports.
		Political organizations that receive contributions of $5,000 or more from any one contributor will be required to include Form 990 Schedule B with their return.
	www.brevardelections.org /candirs.htm (625 words)

	Tax & Business Law Commentary (Site not responding. Last check: 2007-11-04)
		Third, any IRC 501(c)(3) officials assisting the IRC 527 organization must truly be acting only in their individual capacity, which is a factual issue.
		Even if the IRC 501(c)(3) organization did not establish the IRC 527 organization, it might indirectly intervene in a campaign or operate for a substantial nonexempt purpose if it improperly coordinates or colludes with the IRC 527 entity.
		In summary, organizations, despite affiliations, must observe the formalities of their status as organizations separate from the IRC 501(c)(3) organization, the IRC 501(c)(3) organization must deal with them on an arm's length basis, and the organizations must confine their activities to those permitted by their respective exempt Code sections.
	taxbiz.blogspot.com /2006/02/close-affiliations.html (1426 words)

	20061213murs
		Each of these entities registered with the Internal Revenue Service as “Section 527” organizations – tax exempt groups whose function is to influence the selection, nomination, election, or appointment of any individual to Federal, State, or local public office or office in a political organization, or the election of Presidential electors.
		The organizations also agreed to cease and desist from violating applicable laws and regulations and to file reports with the Commission for the relevant periods containing all of the information that must be disclosed by federal political committees.
		SwiftVets is a 527 organization that filed its Notice of 527 Status with the IRS on April 23, 2004.
	www.fec.gov /press/press2006/20061213murs.html (2589 words)

	Campaign Legal Center blog: The 527 Loophole Continues
		The ads, according to one story, were run through an independent 527 group called Majority Action and “were basically calling her a coddler of pedophiles,” for her role on the page board in the Mark Foley scandal. Kelly ultimately lost by a mere two percentage points.
		Second, by using a 527 organization, Rose saved a great deal of money that he otherwise would have had to spend to develop and disseminate a message by himself. The Majority Action ads paid for with Rose’s funds likely reflected expensive polling, focus groups and/or consultant expertise that Majority Action had already invested in.
		So, there are benefits to both the funder and the 527 organization, when a funder decides to donate to a 527 rather than make an independent expenditure as an individual.
	www.clcblog.org /blog_item-93.html (404 words)

	Republican 'Soft Money' Groups Find Business Reluctant to Give (washingtonpost.com)
		PFA organizers sought out Francis because his close ties to the administration would have lent enormous clout and prestige.
		Overall, pro-Democratic 527 organizations have raised at least $106.6 million, according to PoliticalMoneyLine, three times the $33.6 million raised by pro-Republican groups in this election cycle.
		Privately, organizers of the Republican 527s said they have been banking on an outpouring of corporate support to defray start-up costs and to get their programs up and running.
	www.washingtonpost.com /wp-dyn/articles/A23283-2004Jun7.html (922 words)

	Irregular Times: News Unfit for Print » Why Did Unity08 Want to Be a 527 Organization?
		But 527 organizations are required to report their contributions and debts to the IRS, OR to a state agency, which may not keep online reports.
		The usual reason for a 527 is to conceal the identity of any donors who may have interests before congress.
		Obviously someone wanted to pour some money into this organization early in the game–more than the $5000 limit for PAC’s–and was looking for a legal way to do it, then change the organization to a PAC after the candidate was announced.
	irregulartimes.com /index.php/archives/2006/11/27/why-did-unity08-want-to-be-a-527-organization (1879 words)

	[No title]
		A 501(c)(3) organization may not do indirectly through a coalition what it is not permitted to do directly such as engaging in partisan political activity.
		There may be, however, no requirement or understanding that the 501(c)(3) organization is going to use that information to further the partisan interests of the 527 or 501(c)(4).
		Therefore, the term 527 organization refers exclusively to political organizations that are not political parties.
	www.nationalvoice.org /library/382613/Coalition_Memo_2004_07_20.doc (1502 words)

	Political Organization Report of Contributions and Expenditures - TaxGaga
		According to the new law signed by Bill Clinton on July 1st, 2000, which amended section 527 of the Internal Revenue Code, any political organization that wants to be treated as a section 527 organization must file form 8871 and Form 8872.
		Form 8871 is filed to report the status of a political organization as a section 527 organization within 24 hours of its creation.
		Form 8872 is used by that section 527 organization to report any contributions it receives or any expenditures it makes after July 1st, 2000.
	www.taxgaga.com /pages/p-news/pa-contriexpend.html (293 words)

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