Match the Following Statements with the Correct Description

question 155

Multiple Choice

Match the following statements with the correct description.

-Kentwood Rodeo Club

• A) Exempt organization under § 501(c)(3).
• B) May not be subject to Federal income tax.
• C) Permits limited lobbying activities.
• D) Exempt organization under § 501(c)(7).
• E) Carries on a trade or business for the benefit of an exempt organization and remits its profits to the exempt organization.