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Mike Colomb | The Forgotten Power Of Private Membership Associations
IRS Guidelines and Non-Profit Salary Structures
The discussion clarifies how non-profit associations handle earnings, noting that while they cannot pay private dividends, they can pay reasonable salaries to officers. Collum references a 14-point IRS guideline for maintaining legal status and explains that the Church at Renegade Ranch uses these rules to remain compliant. The PMA is described as a pass-through entity where taxation only occurs when funds are paid out to individuals.