Charitable nonprofit organization definition

Charitable nonprofit organization means a nonprofit organization that is a charitable organization as defined in G.S. 1-539.11(1).
Charitable nonprofit organization means an entity or corporation:
Charitable nonprofit organization means an organization which is described in IRC § 501 c 3 of the Internal Revenue Code (26 USC § 501 c 3) and to which contributions are deductible by the contributor under IRC Code §170 of the Internal Revenue Code (26 USC § 170), except that educational institutions are limited to schools, colleges and other similar institutions of learning. To the extent that a charitable nonprofit organization is required to report income which is in fact “unrelated business taxable income” for federal income tax purposes under IRC Code § 511 et seq. of the Internal Revenue Code (26 USC § 511 et seq.), such organization may be presumed to have gross receipts from an activity which, depending on the applicable classification, is licensable for BPOL purposes. The fact that a charitable nonprofit organization does not report any unrelated business taxable income for federal income tax purposes would not prevent the locality from requiring a license for the business activity; however, local officials may only

More Definitions of Charitable nonprofit organization

Charitable nonprofit organization means an organization which is described in Internal Revenue Code
Charitable nonprofit organization means an institution or organization which is conducted, managed or carried on wholly for the benefit of charitable purposes and from which profit or income is not derived, either directly or indirectly, by an employee, officer or director of the organization.
Charitable nonprofit organization means any person(s), partnership, association, corporation or other group whose activities are conducted for civic or humanitarian motives, or for the benefit of others, and not for the commercial gain of any private individual or group and may include, but shall not be limited, to political parties or committees, patriotic, philanthropic, social service, welfare, benevolent, educational, civic, fraternal, cultural, charitable, scientific, historical, religious, athletic or medical organizations. Proof of federal exemption under 26 U.S.C. Section 501 (c), Section 501
Charitable nonprofit organization means an organization which is described in IRC