Definitions for "Not-for-profit"
Organizations that are established under provisions of state and federal laws to provide services. Any surplus income is turned back into improving or expanding services for clients. Non-profits are governed by volunteeer boards of directors or. Boards are responsible for establishing financial and program policies.
A property owned by all church-related and other entities that are corporations organized and operated under a policy by which no trustee or other person shares in the profits or losses of the enterprise.
Terms commonly used to describe organisations, which do not distribute profits, although they seek to make an operating surplus.
With the hyphens, but should be changed to "nonprofit" when possible.
A special kind of corporation dedicated to education or charity, whose stockholders give up all financial benefits.
An organization that exists with the intention of providing a service for its members