Not many people or organizations, even the IRS and the Postal Service and its Postmasters, truly know the regulations. The definitive publication on this is as follows (text taken from the post office site):
Publication 417 – Nonprofit Standard Mail Eligibility

Nonprofit Standard Mail Eligibility Nonprofit and Other Qualified Organizations Publication 417 October 6, 1996 Transmittal Letter

A. Explanation. This publication discusses eligibility, authorization, and mailing rules for the Nonprofit Standard Mail rates.

B. Additional Information. Copies of this publication can be obtained at all post offices, business mail entry units, and postal business centers.

Apparently you can have advertising legally. The publication can be downloaded from http://www.usps.gov. Do a search for Publication 417. File is 500K long. Probably be better if you can get one from the local Post Office. This is the definitive answer, and will finally dispell all the rhetoric surrounding this issue.

Position (being referred to – is it elected, appointed, or volunteer?):

Editor (volunteer/appointed)

Name of Person (submitting information):

Michael Armstrong

Primary Duties (actual regular duties performed and their frequency):

1. Serve on the Newsletter committee. This is ongoing. The Newsletter committee should consist of the Editor, the Product Review Coordinator, the Advertising Manager, and any other volunteers recruited to assist in the effort and be delegated various tasks. The committee should meet monthly to discuss each TBCS magazine and coordinate future efforts.
2. Gather up all TBCS magazine content from the various other contributors, including commentaries, reviews, articles, and advertisements. This is done monthly.
3. Write an Editor’s column for publication. This is done each month.
4. Lay out each month’s magazine using desktop publishing software and deliver the finished work to the printer. This is done monthly.
5. Upload each month’s magazine articles to the TBCS BBS as text files.
6. Continually be looking for new things to add to the TBCS magazine to improve its value. This is ongoing. Some suggestions might be more clip art or cartoons, photographs of meetings, profiles of TBCS members, comments submitted by members with responses, lists of the Fidonet conferences and file areas available on the BBS, etc.

Special Activities (any additional duties or jobs performed and their frequency):

1. Update the Job Description and Procedures for Editor to keep the TBCS Procedures Manual as up-to-date and complete as possible. This is done on an ongoing basis, as required.

Additional Information:

This is currently just a general outline of the duties of the Editor, indicating where procedures are applied, but without itemizing the actual details of those procedures. It is up to the current Editor to log the actual procedural steps currently being followed to produce the TBCS magazine each month and update this job description accordingly.