Difference between revisions of "Non-profit corporation"
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A [[non-profit corporation]] (hereinafter, the ''Corp'') is a [[nonprofit organization]] in a form of a [[corporation]]. The ''Corp'' itself is not banned from making profit, but cannot move this profit to its stockholders as dividends. Its possible surplus of the revenues shall be directed to further achieve the ultimate objective of the ''Corp'' and not distributing its income to the organization's shareholders, leaders, or members. | A [[non-profit corporation]] (hereinafter, the ''Corp'') is a [[nonprofit organization]] in a form of a [[corporation]]. The ''Corp'' itself is not banned from making profit, but cannot move this profit to its stockholders as dividends. Its possible surplus of the revenues shall be directed to further achieve the ultimate objective of the ''Corp'' and not distributing its income to the organization's shareholders, leaders, or members. | ||
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| + | ==Related lectures== | ||
| + | *[[Introduction to Recruitment]]. | ||
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| + | [[Category: WorldOpp Orientation]][[Category: Articles]] | ||
Revision as of 23:54, 6 November 2019
A non-profit corporation (hereinafter, the Corp) is a nonprofit organization in a form of a corporation. The Corp itself is not banned from making profit, but cannot move this profit to its stockholders as dividends. Its possible surplus of the revenues shall be directed to further achieve the ultimate objective of the Corp and not distributing its income to the organization's shareholders, leaders, or members.
