; and (ii) meets each applicable eligibility requirement described in subparagraph (B). (B) Eligibility requirements described The applicable eligibility requirements described in this subparagraph are the following: (i) The volunteer pilot holds at least a private pilot certificate with appropriate category, class, and type rating (if a type rating is applicable) issued under part 61 of title 14, Code of Federal Regulations. (ii) The volunteer pilot holds an instrument rating or airline transport pilot certificate for the category of aircraft used for a covered flight issued under such part 61. (iii) The volunteer pilot logged at least 500 hours as pilot in command in the category of aircraft used for a covered flight. (iv) The volunteer pilot— (I) holds a valid medical certificate issued under part 67 of title 14, Code of Federal Regulations; or (II) complies with the requirements of section 61.113(i) of title 14, Code of Federal Regulations. (7) Volunteer pilot organization The term volunteer pilot organization means an organization that— (A) is described in section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. 501(c)(3) ) and is exempt from taxation under section 501(a) of such Code; and (B) arranges or coordinates flights by volunteer pilots for purposes described in such section 501(c)(3).