Nonprofit Corporation

Nonprofit corporation is a special type of corporation that is organized to meet specific tax-exempt functions. To qualify with regard to Nonprofit status, your corporation need to be formed to advantage: (1) the general public, (2) a specific gang of individuals, or (3) the membership from the Nonprofit. A nonprofit corporation is any legal entity that’s been incorporated beneath the law of it is jurisdiction for purposes in addition to making profits for the owners or shareholders.