A tax-exempt social club may receive unrelated business taxable income from the following activities: Selling food and beverages to nonmembers Selling timber cut from club land Accepting advertising in club newsletters or other publications Proceeds from a total liquidation of club assets Proceeds from a partial liquidation of club assets not meeting statutory reinvestment timeframes Additional information: Social Clubs – IRC 501(c)(7)PDF- EO continuing professional education text article
