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2. Low-profit limited liability company - Wikipedia

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

   While L3Cs have a primary objective of accomplishing a social mission, L3Cs can have a secondary objective of raising profit. The profits can be distributed to members similar to an LLC. This characteristic is a key defining feature between L3Cs and non-profits. [1]

3. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   In California, both foreign and domestic LLCs, corporations, and trusts, whether for-profit or non-profit—unless the entity is tax exempt—must at least pay a minimum income tax of $800 per year to the Franchise Tax Board; and no foreign LLC, corporation or trust may conduct business in California unless it is duly registered with the ...

4. List of legal entity types by country - Wikipedia

   en.wikipedia.org/wiki/List_of_legal_entity_types...

   Inc. (Incorporated): restricted to non-profit associations; Ltd. (Limited): ≈ plc (UK). The suffix Ltd. may also be used by a private company limited by guarantee, such as a charity or university (these may obtain dispensation from the Registrar of Companies to operate without the suffix).

5. LLC vs. Corporation - AOL

   www.aol.com/finance/llc-vs-corporation-203712316...

   Differences between LLCs and corporations LLCs and corporations are both legal entities that business owners can use to formalize their company’s legal status.

6. Charitable for-profit entity - Wikipedia

   en.wikipedia.org/wiki/Charitable_for-profit_entity

   A charitable for-profit entity is an organization with a charitable mission but legally organized as a for-profit corporation. Both benefit corporations and Low-profit limited liability companies (L3C) fall under this category. As well as generating a profit, a charitable for-profit entity concentrates on setting a social objective.

7. Not-for-profit organization - Wikipedia

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

   A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [1] An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization.