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No, a non-profit company cannot also be a profit company. You can only be one or the other and not both.
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Is Walmart a profit or non profit company?
profit
Can a director of a non profit corporation also be an employee of he company?
Yes.
Can a non profit company turn a profit?
Yes. Non profit is a tax status.
Is Mcdonalds a non-profit or profit?
Starbucks is a for profit company.
Is Answers.com a non-profit organization?
No. Answers.com (the company's official name is Answers Corporation) is not a non-profit. It's a for-profit publicly traded company on the NASDAQ.
Is macdonalds a for-profit or Non-Profit or Not-for-profit organization?
McDonald's is a for profit company. It is not a nonprofit or a not for profit, which are synonyms.
Does Non Stock Mean Non Profit?
No. Non stock may just mean the for profit company is privately held, meaning it is not a publicly traded company.
Is JP Morgan Chase profit or not profit company?
For Profit, non profit companies tend to do good.
Would the electrical company be a nonprofit or profit corporation?
The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.
Does proceeds equal profit when donating to a nonprofit organization?
No. Nonprofit organizations have expenses to pay as well such as rent, salaries, and utilities. The only real difference between a for profit company and a not for profit company, is that unlike a for profit company, if a non-profit makes a "profit" its pays no taxes. Unlike a for-profit organization, a qualifying non-profit may also be tax-exempt, under rules of the Internal Revenue Code, provided it follows the rules for distributing any profit it makes. If it fails to fully qualify for tax-exemption, the non-profit may owe income taxes on at least some of its income, both at the state and federal levels.
What is nonprofit stock?
There is no such thing as non profit stock. Stock implies ownership in a for profit company.
Is a incorporation for battered women consider non-profit?
Whether a company is "non-profit" or otherwise basically depends on whether it is registered in a way that allows the owners to get profit from it, or not.
