Nonprofit entity definition

Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.
Nonprofit entity means any entity that meets the requirements of California Corporations Code Section 5003 as well as any corporation, unincorporated association or other entity created for charitable, religious, philanthropic, educational, political, social or similar purposes, the net proceeds of which are committed to the promotion of the objectives or purposes of the entity and not to private gain. A public agency is not a Nonprofit Entity within the meaning of this section.
Nonprofit entity means any corporation, unincorporated association or other entity created for charitable, philanthropic, educational, character-building, political, social, religious or other similar purposes, the net proceeds from the operations of which are committed to the promotion of the objectives or purposes of the entity and not to private gain. A public agency is not a “nonprofit entity” within the meaning of this section.

Examples of Nonprofit entity in a sentence

  • Yes NoSubrecipient is a: Non-profit entity (under Federal funding threshold)Foreign entity For-profit entityGovernment entity If a Subrecipient does not receive such an audit, UTHSC may require Subrecipient to complete a financial status questionnaire as well as a limited scope audit before a subaward will be issued.

  • The Non-profit entity shall raise all funds to build, renovate, and maintain the funeral home operation.

  • OPM may enter into contracts with health insurance issuers to offer at least two MSP options on Exchanges and SHOPs in each State, without regard to any statutes that would otherwise require competitive bidding.(b) Non-profit entity.

  • Nonprofits also often qualify for specific government or privately sponsored grants and loan programs that assist Nonprofits in fundraising and are not taxable.Related EntitiesFor a multi-entity social enterprise, a Nonprofit entity can accept tax-deductible contributions, while the related for-profit entity engages in regular business activities.

  • Grants may be made to a Public Body/Government Entity, an Indian Tribe, or a Nonprofit entity primarily serving rural areas.


More Definitions of Nonprofit entity

Nonprofit entity means an entity that is a nonprofit corporation, nonprofit association, or other entity that is organized solely for one or more of the purposes specified by Section 2.002.
Nonprofit entity means an entity that:
Nonprofit entity means an entity incorporated under the
Nonprofit entity means a nonprofit corporation or a nonprofit association.
Nonprofit entity means an urban renewal entity incorporated pursuant to Title 15A of the New Jersey Statutes for which no part of its net profits inures to the benefit of its members.
Nonprofit entity means an entity that is organized and operated for an exempt purpose as set forth in Internal Revenue Code section 501(c)(3) and whose net earnings may not inure to the benefit of any private shareholder or individual, or is organized and operated by a nonprofit public benefit corporation, pursuant to State Corporations Code, Title 1, Division 2, Part 2, section 5110, et seq.
Nonprofit entity means an entity that is described in section 501 (c) (3) of the Internal Revenue Code and that is exempt from federal income tax under section 501 (a) of the Internal Rev- enue Code.