A tax-exempt social club may receive unrelated business taxable income from the following activities:
- Selling food and beverages to nonmembers
- Selling timber cut from club land
- Accepting advertising in club newsletters or other publications
- Proceeds from a total liquidation of club assets
- Proceeds from a partial liquidation of club assets not meeting statutory reinvestment timeframes
Additional information
- Social Clubs – IRC 501(c)(7) PDF- EO continuing professional education text article