Yes, it is possible.
oni
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money
It is an uncertified stock.
There is no such thing as non profit stock. Stock implies ownership in a for profit company.
No. Non stock may just mean the for profit company is privately held, meaning it is not a publicly traded company.
oni
No. Answers Corporation, the company owning and operating WikiAnswers.com, is not a non-profit organization. Rather, it is a for-profit corporation, publicly traded on the NASDAQ Capital Market - the stock symbol is ANSW. Answers Corporation does not accept donations.
non-profit corporation
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money
The question answers itself. The family owns it - it is a non-stock company - and it is a Limited Liability Corporation under the laws of whatever state it is located in.
Yes, just like general professional partnership. Use 1702Q
No, they can't. They can, however, suggest a merge.(See the Related question for details.)
The following requirements to request for tax exemption for non-stock, non profit corporation in the Philippines are: 1. Letter of Application for tax exemption; 2. Certified true Copy of Certificate of Registration issued by the SEC; 3. Certified True copy of Article of Incorporation which must include the following provisions: a.) That the corporation is a non-stock and non-profit; b.) That the primary purpose for which it was created is one of those enumerated under sec. 30 of the Tax code of 1997; c.) That no part of the net income inure to the benefit of any of its members; d.)That the trustee do not received any compensation;and e.) That in case of dissolution, assets of the corporation shall be transferred to similar institution ot to the government. 4,)Certified true copy of By-laws of the Corporation by the SEC; 5.) Income Tax returns with finacial Statements for the last three years of operation unless the non-stock, non-profit corporation is newly incorporated by: Raulito D. Pigar
Only Supervisors have the ability to merge questions. Non-supervisors who reword questions may trigger a merge that will be sent to a Community Assistant for review. If the two questions should be merged, the CA will merge them.
If the non-protected question doesn't have an answer, then you can merge it into a protected question. However, if the non-protected question does have an answer, then it cannot be merged into a protected question.
It is an uncertified stock.
The most common way to become a part owner of a corporation is by purchasing stock in a publicly traded company. You may also purchase shares in a mutual fund which in turn holds such stock, but this greatly dilutes your holding in the company and does not provide you with the opportunity to vote for members of the Board of Directors of the company (note that even holding stock directly may not assign this right, since many companies issue non-voting stock).