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Public benefit nonprofit corporations are established primarily to serve the general public or specific community needs, focusing on charitable, educational, or social purposes. In contrast, mutual benefit nonprofit corporations are formed to serve the interests and needs of a specific group or organization, such as professional associations or labor unions. While public benefit nonprofits aim for broader societal impact, mutual benefit nonprofits prioritize the welfare and interests of their members. This distinction influences funding sources, tax treatments, and operational goals.

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3mo ago

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