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2. Nonprofit corporation - Wikipedia

   en.wikipedia.org/wiki/Nonprofit_corporation

   A mutual-benefit nonprofit corporation or membership corporation, in the United States, is a type of nonprofit corporation chartered by a state government that exists to serve its members in ways other than obtaining and distributing profits to them. Therefore, it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [4] [5]

3. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   Traditionally this is achieved via grants to non-profit organizations; however, program-related investments (PRIs) serve as an alternative option and can be preferred as it creates the potential for a return on investment. [1] A PRI can be made to either a for-profit or non-profit entity.

4. 501(c)(3) organization - Wikipedia

   en.wikipedia.org/wiki/501(c)(3)_organization

   A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations [1] in the US.

5. The Pros and Cons of Credit Unions - AOL

   www.aol.com/finance/pros-cons-credit-unions...

   Understanding the full range of pros and cons of credit unions will aid in making a well-informed decision about where to open your bank account. Remember, the best choice depends on your ...

6. HOA Q&A: Does the Corporate Transparency Act apply to ... - AOL

   www.aol.com/hoa-q-does-corporate-transparency...

   The law focuses on for-profit corporations and limited liability companies (LLCs), but non-profit corporations like condominium, cooperative, and homeowners associations are not exempt from its ...

7. Not-for-profit organization - Wikipedia

   en.wikipedia.org/wiki/Not-for-profit_organization

   While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [3] An NFPO must be differentiated from a NPO as they are not formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not ...

8. Mutual-benefit nonprofit corporation - Wikipedia

   en.wikipedia.org/wiki/Mutual-benefit_nonprofit...

   A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [1] It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income ...

9. Debt relief: Pros and cons - AOL

   www.aol.com/finance/debt-relief-pros-cons...

   Nonprofit counseling agencies are known to charge lower fees than for-profit agencies, with some offering the services for free. For-profit counseling is offered by debt relief companies and may ...