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  2. Good standing - Wikipedia

    en.wikipedia.org/wiki/Good_standing

    When an entity is in good standing with the chartering agency, it may obtain a "certificate of good standing" which indicates this to be the case. [6] In some cases, a bank may require an entity wanting to open an account such as a checking or savings account to show a certificate of good standing from the chartering agency.

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

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

    The steps required to become a nonprofit include applying for tax-exempt status. If States do not require the "determination letter" from the IRS to grant non-profit tax exemption to organizations, on a State level, claiming non-profit status without that Federal approval, then they have actually violated Federal United States Nonprofit Laws.

  4. Not-for-profit organization - Wikipedia

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

    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 ]

  5. What nonprofit debt consolidation is and how it works

    www.aol.com/finance/nonprofit-debt-consolidation...

    For example, if you get paid on the 1st, they might schedule the payment for the 4th, when you will likely have the funds in your account. Your counselor will then present the proposed debt ...

  6. Group Exemption Letter - Wikipedia

    en.wikipedia.org/wiki/Group_Exemption_Letter

    A Group Exemption Letter or (GEL) is a special letter that is issued by the United States Internal Revenue Service (IRS). [1] A GEL pertains to organizations that have been recognized by the IRS as tax exempt organizations. [2] Many organizations in the United States maintain a GEL and obtaining one can be of benefit to an organization. [3]

  7. Category:501 (c) (4) nonprofit organizations - Wikipedia

    en.wikipedia.org/wiki/Category:501(c)(4...

    Pages in category "501(c)(4) nonprofit organizations" The following 181 pages are in this category, out of 181 total. This list may not reflect recent changes .

  8. Low-profit limited liability company - Wikipedia

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

    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]

  9. 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]

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