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

• Governmental and Non-profit Grantees, or their assignees, which received state funds during their fiscal year, shall comply with the requirements set forth in the State Single Audit Guidelines issued by the Department of Administration.

• Non-profit agrees during the Term of this Agreement, that all financial assistance dispersed shall be to individuals and families directly impacted by a loss of income and all funds under this Agreement shall be provided to families and households located only in Xxxx Valley, Texas.

• Nonprofit entities, charitable institutions and religious organizations who are tenants may not be construed to have commercial tenancies.

• The City shall pay the Organization for the services provided on the basis of a written request for payment submitted to the Nonprofit Management and Volunteer Center quarterly, and not later than the 15th calendar day after the end of each quarter.

• At the Term of this Agreement the Non-profit agrees to report to the City, including all records-maintained accounting for all expenditures of dispersed funds, reporting measures, and funds received from the City and dispersed under this Agreement.

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 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 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 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 without the intention of financial gain, advantage, or benefit as defined by federal tax law.