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2. Nonprofit organization laws by jurisdiction - Wikipedia

   en.wikipedia.org/wiki/Nonprofit_organization...

   Charitable status is granted by the Canada Revenue Agency (CRA) upon application by a nonprofit; charities are allowed to issue income tax receipts to donors, must spend a certain percentage of their assets (including cash, investments, and fixed assets) and file annual reports in order to maintain their charitable status.

3. Non-profit organization laws in the U.S. - Wikipedia

   en.wikipedia.org/wiki/Non-profit_organization...

   For this reason it is prudent for any non-profit to obtain liability insurance. Non-profits which have paid staff must comply with minimum wage laws, and with the requirement in most states to obtain workers compensation insurance. Churches and religious non-profits are something of a special case, because the First Amendment to the U.S ...

4. Constitutional documents - Wikipedia

   en.wikipedia.org/wiki/Constitutional_documents

   By convention, most common law jurisdictions divide the constitutional documents of companies into two separate documents: [1]. the Memorandum of Association (in some countries referred to as the Articles of Incorporation) is the primary document, and will generally regulate the company's activities with the outside world, such as the company's objects and powers.

5. Model Nonprofit Corporation Act - Wikipedia

   en.wikipedia.org/wiki/Model_Nonprofit...

   Many of the default procedures of the MNCA are different from standard parliamentary procedure, though they may be superseded by a provision either in the articles of incorporation or in the bylaws of the corporation. [2] 37 out of the 50 states have adopted a version of the MNCA.

6. 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 ...

7. Nonprofit corporation - Wikipedia

   en.wikipedia.org/wiki/Nonprofit_corporation

   Therefore, it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [4] [5] A mutual-benefit corporation can be non-profit or not-for-profit, but it still must pay regular corporate tax rates. A mutual benefit corporation will pay the same taxes as a regular for-profit corporation, with C corporation tax rates.