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What two examples of advantages do the nonprofit organizations have over profit making organizations?
Wiki User
∙ 16y ago
For one thing, a non-profit organization may also qualify for tax-exempt status for the purpose of state or federal income taxes.
There may be other benefits, such as exemption from paying (or collecting) state sales taxes, and exemption from paying for U.S. postage on non-profit mailings.
Wiki User
∙ 16y ago
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What is a focal organization?
A focal organization is an organization or class of organizations used in social science as the unit of analysis. Studies are done to learn about decision making of the focal organization.
Please explain the difference between a 'for-profit' company and 'non-profit' company?
Non-Profit Companies - These are companies that do not redistribute profits to shareholders or even to the owners. In their company goals, they discuss pursuing their corporate mission (i.e. Making another fundraiser, another public class, something that is for public good). Some examples of these are charitable organizations and most government agencies.For-Profit Companies - These are companies that redistribute their profits to their shareholders (stock holders). These are companies that follow a corporate mission of making money for their shareholders and look out for themselves (more self interest). These types of companies can be public (trading stocks) or privately (solely owned by the owners) held.
What does non commercial mean?
Non-commercial is something not associated with business and/or making money. For instance a part of town zoned for residential means that homes/condos/apartments etc. are the only properties allowed to built in this particular zone. The local market must be built in a commercial zone and the local factory in an industrial zone, so a house is considered non-commercial. The term also refers a person, group or organization that does not operate to make money. Also called a non-profit. Examples include churches, charities, food banks and youth organizations.
Advantages and disadvantages of owning partnership business?
Advantages more financial strength business will benefit from partners expertise business will not have to publish financial records Disadvantages Decision making will take longer and conflicts may occur partners have unlimited liability if a partner dies or leave business could be seriously jeopardized There may still be difficulties in raising capital and business may need to seek a bank loan
What are organizations that are in the business of benefiting society and operate like a business called?
Hi - if the organisation is a profit making company and all of its profits go to shareholders then that is still classed as a business. However if the organisation makes profits but a large (usually over 50)% (or all) of these profits are re-invested into the community then that is called a Community Interest Company. This is in the UK by the way.
Are Credit unions are nonprofit organizations?
Yes, credit unions are nonprofit organizations owned by their members, not shareholders. They operate with the primary goal of providing financial services to their members at competitive rates, rather than making a profit for external stakeholders.
What is the purpose of a nonprofit?
The purpose of a nonprofit business is to tell the consumers that they are not really interesting in making profit but offering them the service.
What has the author Rick Thrasher written?
Rick Thrasher has written: 'Making our deal' -- subject(s): Boards of trade, Compensation management, Employees, Labor contract, Nonprofit organizations, Officials and employees, Trade associations
How much does a nonprofit person make an hour?
Nonprofit means you are making 0 percent of the money so they make none of the money for themselves! (:
I'd like to find employment with a nonprofit company. Will these job opportunities generally pay?
Most nonprofit companies have paid positions. The nonprofit part refers to the company not making a profit beyond what it takes to run things.
What has the author Bruce R Hopkins written?
Bruce R. Hopkins has written: 'Charity, Advocacy and the Law, 1993 Supplement (Nonprofit Law, Finance & Management)' 'The Tax Law of Charitable Giving Cumulative Supplement' 'A Guide to the Making of Grants to Individuals by Private Foundations' 'Planning Guide for the Law of Tax-Exempt Organizations' 'The Law of Tax-Exempt Healthcare Organizations, 1998 Cumulative Supplement' 'Nonprofit Law Dictionary (Nonprofit Law, Finance & Management)' 'The Law of Tax-Exempt Organizations, 1993 Supplement (Law of Tax Exempt Organizations)' 'The Tax Law of Charitable Giving, 2004 Cumulative Supplement' 'Fundraising law made easy' -- subject(s): Fund raising, Charitable uses, trusts, and foundations, Law and legislation, OverDrive, Business, Nonfiction 'The law of tax-exempt organizations planning guide' -- subject(s): Taxation, Law and legislation, Nonprofit organizations, Charitable uses, trusts, and foundations, Tax exemption 'Legal Answer Book for Nonprofit Organizations Set' 'The Law of Fund-Raising, 1999 Cumulative Supplement' 'The law of tax-exempt organizations' -- subject(s): Nonprofit organizations, Charitable uses, trusts, and foundations, Taxation, Law and legislation 'The tax law of charitable giving' -- subject(s): Charitable contributions, Charitable uses, trusts, and foundations, Corporations, Deductions, Income tax deductions for charitable contributions, Inheritance and transfer tax, Law and legislation, United States 'The Tax Law of Charitable Giving, 1997/1998 Cumulative Supplement' '650 Essential Nonprofit Law Questions Answered' 'Charity, Advocacy and the Law, 1995 Cumulative Supplement (Nonprofit Law, Finance & Management)' 'Private Foundations, 2007 Cumulative Supplement' 'The Law of Fundraising, 2005 Cumulative Supplement' 'The counselor and the law' -- subject(s): Legal status, laws, Student counselors, Counseling, Law and legislation, Counselors 'The Law of Fund-Raising' -- subject(s): Charitable uses, trusts, and foundations, Fund raising, Law and legislation, United States 'Charity, advocacy, and the law' -- subject(s): Political activity, Nonprofit organizations, Law and legislation, Charitable uses, trusts, and foundations, Lobbying, Charity laws and legislation 'The first legal answer book for fund-raisers' -- subject(s): Miscellanea, Fund raising, Law and legislation, Charitable uses, trusts, and foundations 'The Law of Tax-Exempt Organizations (Law of Tax Exempt Organizations)' -- subject(s): Taxation, Nonprofit organizations, Charitable uses, trusts, and foundations, Law and legislation 'The Law of Fund-Raising, 2E, 1998 Cumulative Supplement' 'Intermediate sanctions' -- subject(s): Law and legislation, Taxation, Executives, Excise tax, Nonprofit organizations, Employee fringe benefits 'Law of Tax-Exempt Organizations 1988 Cumulative Supplement' 'The Tax Law of Charitable Giving, 2001' 'The Law of Fund-Raising, 2000 Cumulative Supplement' 'Private Foundation' 'Nonprofit Law Made Easy' -- subject(s): OverDrive, Business, Nonfiction 'The legal answer book for nonprofit organizations' -- subject(s): Nonprofit organizations, Miscellanea, Law and legislation, Taxation
What has the author Brian Reich written?
Brian Reich has written: 'Shift & reset' -- subject(s): Nonprofit organizations, Social problems, Decision making 'Media rules! mastering today's technology to connect with and keep your audience' -- subject(s): Globalization, Communication and technology, Mass media
How businesses and nonprofit organizations can raise the standard of living for all?
Profit is what you can obtain if you take risk, the more risk you take the higher your potential profit margin. For example, there is high risk in making a new type of automobile, it is also risky to open a business in an inner city, but the reduced competition makes substantial profit possible. A nation's businesses are part of an economic system that contributes to the standard of living and quality of life for everyone in that county. Nonprofit organizations contribute to the standard of living by offering goods and services to people for free or at a reduced cost thereby, contributing to the standard of living in that country.
What is the advantages of being dress making?
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What is foundation used for?
A foundation is a non-governmental entity that is established as a nonprofit corporation or a charitable trust, with a principal purpose of making grants to unrelated organizations, institutions, or individuals for scientific, educational, cultural, religious, or other charitable purposes. This broad definition encompasses two foundation types: private foundations and grantmaking public charities. One of my examples is: a charity one, Pink Heart Funds.
Advantages of a decision making unit?
importance of the decision making unit
What are the advantages of making a lump sum payment when buying a house?
There are many advantages to making a lump sum payment when buying a house. A couple of the advantages are it lowers the design and contract administration costs.
