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Would the electrical company be a nonprofit or profit corporation?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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Is the electric company profit or nonprofit?
Some are for profit and others are government agencies (not for profit).
Would the electric company most likely be a profit or nonprofit corporation?
An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.
What are the benefits to be a nonprofit LLC vs nonprofit corporation for getting 501c3 status?
The benefit to getting 501c3 status is the ability to accept charitable contributions. I am not familiar with a nonprofit LLC. There has been a movement in the past few years to create a hybrid of for profit and non profits called an L3C, low profit limited liability corporation.
Would the electric company be a nonprofit or a profit organization?
Electric company is a profit organization now a days the share of electric companies increases very rapidly. Only Cooperative socities are nonprofit organizations.
What is the difference between for profit and non profit stakeholders?
Profit stakeholders have a financial interest in the company doing well, such as a vendor. A nonprofit stakeholder simply wants the company to do well, such as the community in which the company resides.
Is coka-cola a nonprofit organization?
No, it is a for profit corporation.
Would the electric company b most likely be a profit or nonprofit corporation?
A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.
What is the difference between corporation and nonprofit 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
Is the electric company profit or nonprofit?
Some are for profit and others are government agencies (not for profit).
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.
Would the electric company most likely be a profit or nonprofit corporation?
An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.
Is the institute for defense and government advancement idga a profit or nonprofit company?
For profit.
Is the American Red Cross non profit?
The American Red Cross is a nonprofit corporation.
Can nonprofit organizations be incorporated?
Yes, nonprofit organizations can be incorporated as either a nonprofit corporation or a not-for-profit corporation, depending on the state in which they are located. Incorporating provides the organization with legal protection and allows it to apply for tax-exempt status.
What is nonprofit stock?
There is no such thing as non profit stock. Stock implies ownership in a for profit company.
What rate of output is appropriate for a nonprofit corporation?
The rate of output for a nonprofit corporation is based on the number of people they are able to help. The number will vary depending on the amount of trained professionals the non profit organization has.
What are the benefits to be a nonprofit LLC vs nonprofit corporation for getting 501c3 status?
The benefit to getting 501c3 status is the ability to accept charitable contributions. I am not familiar with a nonprofit LLC. There has been a movement in the past few years to create a hybrid of for profit and non profits called an L3C, low profit limited liability corporation.
