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Boys and Girls Club

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We are working through our list of clients that need the PPA restatement for their current documents.

I have come across a plan for a Boys and Girls Club.  I know that 'nonprofit recreational clubs' are tax exempt but cannot sponsor a 403b plan.  Would a Boys and Girls Club fall under this definition of 'nonprofit recreational clubs'? 

Does anyone reading this blog have Boys and Girls Club as a client who have a 403b plan?  Or is it enough that the Form 990 reflects the company as a 501(c)(3) organization?

Thanks for any guidance you can provide.

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As usual, Luke Bailey is correct!   I know of no reason that a 501(c )(3) cannot have a 403(b) plan.  You might ask for a copy of their 501(c)(3) exemption letter if you have some reason to doubt the 990.

Also, just for fun, I googled "Boys and Girls Club 403(b)" and at least a dozen of these showed up.



Patricia Neal Jensen, JD

Vice President and Nonprofit Practice Leader

|Future Plan, an Ascensus Company

21031 Ventura Blvd., 12th Floor

Woodland Hills, CA 91364

E patricia.jensen@futureplan.com

P 949-325-6727

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