A report on Nonprofit organization
Legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners.
- Nonprofit organization14 related topics with Alpha
501(c)(3) organization
2 linksUnited States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code.
United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code.
It is one of the 29 types of 501(c) nonprofit organizations in the US.
Business
2 linksActivity of making one's living or making money by producing or buying and selling products .
Activity of making one's living or making money by producing or buying and selling products .
Corporation: The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned, and they can organize either for profit or as nonprofit organizations. A privately owned, for-profit corporation is owned by its shareholders, who elect a board of directors to direct the corporation and hire its managerial staff. A privately owned, for-profit corporation can be either privately held by a small group of individuals, or publicly held, with publicly traded shares listed on a stock exchange.
Charitable organization
2 linksOrganization whose primary objectives are philanthropy and social well-being .
Organization whose primary objectives are philanthropy and social well-being .
The Australian Charities and Not-For-Profits Commission (ACNC) commenced operations in December 2012 and regulates the approximately 56,000 non-profit organizations with tax exempt status, and about 600,000 other NPO in total and seeks to harmonise state-based fund-raising laws.
Voluntary association
2 linksGroup of individuals who enter into an agreement, usually as volunteers, to form a body (or organization) to accomplish a purpose.
Group of individuals who enter into an agreement, usually as volunteers, to form a body (or organization) to accomplish a purpose.
Associations may take the form of a non-profit organization or they may be not-for-profit corporations; this does not mean that the association cannot make benefits from its activity, but all the benefits must be reinvested.
Board of directors
1 linksA board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency.
Cooperative
2 linksAutonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".
Autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".
A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or rent.
501(c) organization
1 linksA 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes.
Incorporation (business)
0 linksFormation of a new corporation.
Formation of a new corporation.
The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town.
Contract failure
0 linksUnable to evaluate its quality, thus incentivizing the producer to produce a lower quality good or service.
Unable to evaluate its quality, thus incentivizing the producer to produce a lower quality good or service.
Contract failure is one explanation for the existence of non-profit organizations, although even non-profits can fall victim to contract failure in the right situations.
National Center for Charitable Statistics
0 linksClearing house for information about the nonprofit sector of the U.S. economy.
Clearing house for information about the nonprofit sector of the U.S. economy.
GuideStar works with the National Center for Charitable Statistics to get each Form 990 filed by a nonprofit organization online and readily available to the public.