Treasury Regulations · 26 CFR
§ 1.528-7. Inurement.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 528
Cite as 26 CFR § 1.528-7
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- April 18, 1980 by T.D. 7692
- Issued under
- 26 U.S.C. § 528
- Length
- 111 words · about 1 min to read
- Cross-references
- cites 1 Code section and 0 regulations; cited by 0
An organization is not a homeowners association if any part of its net earnings inures (other than as a direct result of its engaging in one or more exempt functions) to the benefit of any private person. Thus, to the extent that members receive a benefit from the general maintenance, etc., of association property, this benefit generally would not constitute inurement. If an organization pays rebates from amounts other than exempt function income, such rebates will constitute inurement. In general, in determining whether an organization is in violation of this section, the principles used in making similar determinations under Section 501(c) will be applied.
[T.D. 7692, 45 FR 26323, Apr. 18, 1980]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Issued by T.D. 7692 (45 FR 26323)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Homeowners Associations
Nearby sections
- § 1.528-3 Association property.
- § 1.528-4 Substantiality test.
- § 1.528-5 Source of income test.
- § 1.528-6 Expenditure test.
- § 1.528-7 Inurement.
- § 1.528-8 Election to be treated as a homeowners association.
- § 1.528-9 Exempt function income.
- § 1.528-10 Special rules for computation of homeowners association taxable income and tax.