Nonprofit Corporation

What is it? A business entity formed for civil, social, or charitable purposes for which the generation of profit is not part of its function. Nonprofit corporations are taxed differently and are incorporated differently than for-profit business organizations.

Added By: Gabriel

Send To Friends!

If you'd like to send the Nonprofit Corporation definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Nonprofit Corporation. If you need any more information on this term, please don't hesitate to contact us.