Most dissolution clauses require that all liabilities be paid prior to distributing remaining assets to another tax-exempt organization.

The court conceded that the defendant board members were uncompensated and served on the board of a tax-exempt organization.

Essentially, the dissolution clause requires that, upon dissolving, a tax-exempt organization must distribute its assets to another tax-exempt organization.

Can a tax-exempt organization described in section 501(c) include a minister in its calculation when determining eligibility for the small business health care tax credit?

Beginning in 2014, the maximum tax credit will increase to 35 percent of premiums paid by eligible tax-exempt organizations.