From Wiki
Colloquially, a 501(c) organization or simply "a 501(c)" is an American tax-exempt, nonprofit corporation or association. Section 501(c) of the United States Internal Revenue Code (26 U.S.C. § 501(c)), provides that 26 types of nonprofit organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for attaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well.
I was just saying I am unsure how the "non-profit" part works with what looks like a for profit setup. (franchise fees, and corperate kickback for required uniform kits etc..) Not saying it is wrong or not a better way to run soccer club just seems like they are a for profit setup for the Colorodo Rush company. Just wondering what the real "deal" is, being on the outside make it hard to know what happens on the inside.
