QCA Announces Finalization of Nonprofit Organizational Status and Leadership Changes

An application by QCA for tax-exempt status under provision 501 (c) (6) of the Internal Revenue Code has been approved. The US Department of The Treasury designates for exemption under IRC 501 (c) (6) organizations including business leagues, chambers of commerce, real estate boards, and boards of trade, which are not organized for profit, and no part of the net earnings of which inures to the benefit of any private shareholder or individual.