Ordinance 3304-12 - Laserfiche WebLink

nonprofit organizations exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1954, as amended, that: a. Are guarantee agencies under the federal guaranteed student loan program or that issue debt to provide or acquire student loans; or b. Provide guarantees for student loans made through programs other than the federal guaranteed student loan program. 5. Nonprofit Organizations—Credit and Debt Services. This chapter does not apply to nonprofit organizations in respect to amounts derived from provision of the following services: a. Presenting individual and community credit education programs including credit and debt counseling; b. Obtaining creditor cooperation allowing a debtor to repay debt in an orderly manner; c. Establishing and administering negotiated repayment programs for debtors; or d. Providing advice or assistance to a debtor with regard to subsection (A)(5)(a), (b), or (c) of this section. 6. Certain Fraternal and Beneficiary Organizations. This chapter shall not apply to fraternal benefit societies or fraternal fire insurance associations, as described in RCW Title 48; nor to beneficiary corporations or societies organized under and existing by virtue of RCW Title 24, if such beneficiary corporations or societies provide in their bylaws for the payment of death benefits. Exemption is limited, however, to gross income from premiums, fees, assessments, dues or other charges directly attributable to the insurance or death benefits provided by such societies, associations, or corporations. 7. Certain Corporations Furnishing Aid and Relief. This chapter shall not apply to the gross sales or the gross income received by corporations which have been incorporated under any act of the congress of the United States of America and whose principal purposes are to furnish volunteer aid to members of the armed forces of the United States and also to carry on a system of national and international relief and to apply the same in mitigating the sufferings caused by pestilence, famine, fire, floods, and other national calamities and to devise and carry on measures for preventing the same. 8. Operation of Sheltered Workshops. This chapter shall not apply to income received from the Department of Social and Health Services for the cost of care, maintenance, support, and training of persons with developmental disabilities at nonprofit group training homes as defined by Chapter 71A.22 RCW or to the business activities of nonprofit organizations from the operation of sheltered workshops. For the purposes of this section, "the operation of sheltered workshops" means performance of business activities of any kind on or off the premises of such nonprofit organizations which are performed for the primary purpose of: a. Providing gainful employment or rehabilitation services to the handicapped as an interim step in the rehabilitation process for those who cannot be readily absorbed in the Page 40 of 56