The American Red Cross is a nonprofit corporation.
Yes, to take care of all the other biz which is non-givernmental n profit oriented.
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
non-profit corporation
To qualify as a non-profit corporation in the United States, only one employee is necessary. And, that employee can be a volunteer.
If the association is structured as a non-profit corporation, then that's what it is.If the association makes money on its assets, for example, by renting its clubhouse, or operating a for-profit golf course, then the corporation would be structured as a for-profit corporation.Your governing documents will tell you whether your association is a non-profit corporation or of another type.
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money
Whether it is a profit or non-profit corporation can be ascertained from the company prospectus, its nature of activities,future plannings etc.
No. Answers.com (the company's official name is Answers Corporation) is not a non-profit. It's a for-profit publicly traded company on the NASDAQ.
Yes.
The address of the Gooney Bird Group A Non Profit Corporation is: 1850 Templeton Road, Templeton, CA 93465-8310
Yes. A"non-profit" corporation is one that does not have stockholders, so there can never be a distribution of net corporate profits to them. The corporation can earn all the money it can and keep the profits or use them for corporate work, expansion or charitable purposes. There may be limits on how much profit the corporation can accumulate.