...rather than for individual residents or the developer. Section 501 (c) (4) of the Code provides for exemption from Federal income tax of civic leagues...exclusively for the promotion of social welfare. Section 1.501 (c) (4)-l(a) (2) (i) of the Income Tax Regulations provides that an organization is operated...

...maintenance services for the organization without compensation. Section 501 (c) (4) of the Code provides for exemption from federal income tax of civic leagues...exclusively for the promotion of social welfare. Section 1.501(c)(4)-l(a)(2)(i) of the Income Tax Regulations provides that an organization is operated exclusively...

.../., dissenting: Section 501 (c) (4) of the Internal Revenue Code of 1954 provides for the exemption of "Civic leagues or organizations not organized for...operated exclusively for the promotion of social welfare * * *." (Emphasis supplied.) The petitioner was organized by World War II veterans and others to purchase...

...the following organizations as qualifying under the § 501 (a) exemption from federal income taxe»: "Civic leagues or organizations not organized for...operated exclusively for the promotion of social welfare, or local organizations of employees, the membership of which is limited to the employees of a designated...

...statements), any political campaign on behalf of any candidate for public office. Sec. 501 (c) (4): Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated...

...ON CORPORATIONS. The following organizations shall be exempt from taxation under this chapter— (8) Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated...

...LIST OF EXEMPT ORGANIZATIONS.— The following organizations are referred to in subsection (a): (4) Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare or local associations of employees, the membership of which is limited to the employees of a designated...

...associations of employees is stated as follows: "(1) Section 501(c) (4) of the Code grants exemption to: "Civic leagues or organizations not organized for...operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated...

...part of the net earnings of which inures to the benefit of any private stockholder or individual ; 8. Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare; 9. Clubs organized and operated exclusively for pleasure, recreation, and other nonprofitable purposes,...

...distributing of statements), any political campaign on behalf of any candidate for public office. (4) Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated...