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-4- <br /> COLQRADO WATER FROTAICTIV$ AND • <br /> set <br /> 46A organization described in Code a sct .of SOi(c) (1R) ttost receive titg1eosyee <br /> 95 percent of ita income from members tar the cola purpose <br /> 'ant e*pennee, In any tax year where rho organisation does v not�teivelat least <br /> U percent of it; income from members fox the dole purpose <br /> and expenses, the organisation is not exempt. <br /> • <br /> • <br /> • <br /> • <br /> • <br /> Letter 940 CDQ/Ct4) <br />