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Nonprofit Organization
(redirected from Not-for-profit organization)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Nonprofit Organization
An organization that operates as if it were a business but does not seek a profit. Common examples of nonprofits include charities, private schools, and think tanks. Nonprofits do not pay taxes; donations to many are tax-deductible, at least up to certain limits. In order to qualify for this status, however, a nonprofit must register with the IRS, under section 501(c) of the tax code. See also: 403(b).


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a leading full service commercial real estate firm, announced today that Public Interest Projects (PIP), a not-for-profit organization, has signed a 15-year lease for 10,000 s/f of space at 45 West 36th Street.
Vajiradhannnapadip Temple situated in West Bronx, New York City, was filed as a Not-for-Profit Organization under the Religious Cor-poration Law of the State of New York on July 22, 2518/1975 This founding date was both de facto and de jure Vajiradhannnapadip Temple situated in West Bronx, New York City, was filed as a Not-for-Profit Organization under the Religious Cor-poration Law of the State of New York on July 22, 2518/1975.
In prior year financial statements, a not-for-profit organization likely had a very succinct tax footnote indicating that the organization was tax-exempt under IRC Sec.
 
 
 
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