Nonprofit definition

Nonprofit means a nonprofit corporation as defined and established through

Nonprofit means a nonprofit organization that is exempt from Federal income taxation and that is described in section 501(c)(3) of the Internal Revenue Code.

Nonprofit means an organization having tax-exempt status pursuant to Section 501(c)(3) of the Internal Revenue Code (IRC).

Examples of Nonprofit in a sentence

• The School Board shall follow the requirements of the Colorado Revised Nonprofit Corporations Act in amending its articles of incorporation and bylaws and shall provide the Institute with notice of any such changes within 10 days of such change.

• NONPROFIT ORGANIZATIONS Nonprofit organizations qualifying for income tax exemption under Section 501(c)(3) of the Internal Revenue Code may self-finance benefits to their employees on a reimbursable basis.

• As a condition for receiving grant funds for Recipient’s Institutional Costs in this Certification and Agreement, Recipient, an institution of higher education as defined in section 101 or 102(c) of the Higher Education Act of 1965, as amended (HEA), 20 USC § 1001 or 1002(c), must have also entered into the Public and Nonprofit Institution Grant Funds for Students Certification and Agreement under the CRRSAA (CFDA 84.425E).

• I consent to the absolute, irrevocable, perpetual, unrestricted worldwide right by Papagayo Nonprofit 501(c)3, Inc.

• The Heritage Community Charter School will function as a non-profit organization, organized and managed under the Idaho Nonprofit Corporation Act, as outlined in the school's Bylaws and Articles of Incorporation.

More Definitions of Nonprofit

Nonprofit means a private Nonprofit organization that is organized under State or local laws; has no part of its net earnings inuring to the benefit of any member, founder, contributor, or individual; is neither Controlled By, nor under the direction of, individuals or entities seeking to derive profit or gain from the organization; has a tax exemption from the Internal Revenue Service under section 501(c) (3) or (4) of the Internal Revenue Code of 1986; does not include a public body; has among its purposes the provision of decent housing that is affordable to low-income persons, as evidenced in its charter, articles of incorporation, resolutions or by-laws; and, has at least a one year history of providing affordable housing, and is duly qualified to do business within the State.

Nonprofit means that the residue of income over operating expenses ac- cruing in any activity, project, or pro- gram is used solely for the operation of such activity, project, or program.

Nonprofit means an entity meeting the requirements for tax-exempt status under the U.S. Internal Revenue Code.

Nonprofit means a qualified entity that has a tax exemption ruling from the Internal Revenue Service under section 501 (c)(3) or 501 (c)(4) of the Internal Revenue Code and has been incorporated to operate in the State of South Carolina.

Nonprofit means a nonprofit corporation as defined and established through Chapter 6 of Title 7 of Rhode Island General Laws, and shall include religious organizations that are tax exempt pursuant to 26 U.S.C. §501(d).

Nonprofit means an entity which has demonstrated to any branch of the federal government or to a state, municipal, tribal or territorial government, that no part of its net earnings inure to the benefit of any private shareholder or individual.

Nonprofit means that which is exempt from taxation under section 501(c)(3) of the internal revenue code, 26 USC 501.