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A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [ 1 ]
It was founded in 1992 and is headquartered in Olathe, Kansas. Harry H. Herington [ 2 ] serves as the chief executive officer and chairman of the board. As Digital Government provider, NIC Inc. has long-term contracts with over 3,500 state and local government and federal agencies to provide the IT software, services, and payment processing ...
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