The IFVP Organization

The IFVP is organized as a 501(c)(6) registered in the state of California, USA.

As a 501(c)(6) the IFVP is categorized as a trade association and empowered to:

  • Promote our common business interest
  • Lobby
  • Engage in limited campaign activities

The characteristics an organization must possess to meet IRC 501(c)(6) requirements are:

  • 1.     It must be an association of persons having some common business interest and its purpose must be to promote this common business interest; 

  • 2.     It must be a membership organization and have a meaningful extent of membership support; 

  • 3.     It must not be organized for profit; 

  • 4.     No part of its net earnings may inure to the benefit of any private shareholder or individual; 

  • 5.     Its activities must be directed to the improvement of business conditions of one or more lines of business as distinguished from the performance of particular services for individual persons; 

  • 6.     Its primary activity does not consist of performing particular services for individual persons; and 

  • 7.     Its purpose must not be to engage in a regular business of a kind ordinarily carried on for profit, even if the business is operated on a cooperative basis or produces only sufficient income to be self-sustaining.

We are not a 501(c)(3) charitable organization so we cannot offer tax deductions for charitable contributions.