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An example of this is a sports club, which exists for the enjoyment of its members and thus would function well as an NFPO, with revenue being re-invested into improving the organization. [1] These organizations typically file for tax exemption in the United States under section 501(c)(7) of the Internal Revenue Code as social clubs. [5]
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
Church Educational System Honor Code; Code of Conduct for Justices of the Supreme Court of the United States; Code of Conduct for Syrian Coexistence; Code of Conduct for the International Red Cross and Red Crescent Movement and NGOs in Disaster Relief; Code of honor; Code of Lekë Dukagjini; Code of Practices for Television Broadcasters
If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
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Johnny C. Taylor Jr. tackles your human resources questions as part of a series for USA TODAY. Taylor is president and CEO of the Society for Human Resource Management, the world's largest HR ...
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding ...
Caroline Fenton, Jason Fitz & Adam Breneman break down Oregon's win vs. Wisconsin, the Georgia Bulldogs' takedown of the Tennessee Volunteers and more.