Nonprofit institution definition

Nonprofit institution means any in- stitution, organization, or association, whether incorporated or unincor- porated, no part of the net earnings of which inures or may lawfully inure to the benefit of any private shareholder or individual, and (except for institu- tions which lease property to assist the homeless under Title V of Pub. L. 100–77) which has been held to be tax-ex- empt under section 501(c)(3) of the In- ternal Revenue Code of 1954.

Nonprofit institution. ’ means an organi- zation owned and operated exclusively for sci- entific or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual.

Nonprofit institution means any in- stitution, organization, or association, whether incorporated or unincor- porated, no part of the net earnings of which inures or may lawfully inure to the benefit of any private shareholder or individual, and (except for institu- tions which lease property to assist the homeless under Title V of Pub. L. 100–

Examples of Nonprofit institution in a sentence

• An institutionentity that is a wholly-owned subsidiary changes ownership and control when theits parent corporationentity changes ownership and control as described in this section.(6) Nonprofit institution.

• NCATE – see “National Council for Accredita- tion of Teacher Education.” Non-profit institution – a college or university that is not designed to generate profit or financial gain for individuals.

• Local Education Agency Partnership between an employer and an entity Non-profit institution not previously described and has the ability to provide adult education and literacy activities to eligible individuals.

• Brookview is recognized by the Department of Education as a 501(c)(3) Non-profit institution.

• It is the core unit for economic statistics and hence for the SBR.There are four types of enterprise:• Corporation: legal person (entity) created by law for purpose of producing goods and services that may be a source of profit for owners;• Non-profit institution: legal or social entity created for purpose of producing goods and services, but not for financial gain of units that control or finance them; and• Unincorporated enterprise: any other type of enterprise in the government or household sector.

More Definitions of Nonprofit institution

Nonprofit institution. ’ means an organization owned and operated exclusively for scientific or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual.

Nonprofit institution means an educational institution operated by one or more nonprofit corporations, and said institution's earnings are applied solely to the support of said institution and its educational programs and activities.

Nonprofit institution means a nonprofit institution, as defined in 15 U.S.C. § 3703.

Nonprofit institution means any in- stitution, organization, or association, whether incorporated or unincor- porated, no part of the net earnings of which inures or may lawfully inure to

Nonprofit institution means a nonprofit institution, as defined in 15 U.S.C. § 3703 as an organization owned and operated exclusively for scientific or educational purposes, no part of the net earnings of which inures to the benefit of any private shareholder or individual.

Nonprofit institution means a nonprofit establishment maintained and operated by a society, corporation, individual, foundation or public agency for the purpose of providing charitable, social, educational, or similar services to the public, groups or individuals. Cooperative nonprofit associations, performing a service normally associated with retail sales or trade such as cooperative groceries, granaries, equipment sales, etc.,

Nonprofit institution means any in- stitution, organization, or association, whether incorporated or unincor- porated, no part of the net earnings of