Non Profit Making Organizations

At a noncommercial organization, the board of directors is non paid, and if the non make dynamic headroom piddle aways a moolah, it cannot pass on the pull ins to faculty in the form of gelt-sharing checks (though it can use the profits to addition faculty salaries, hire more staff, etc.). Also, nonprofit organizations are flush-based - they cannot affiance in program activities that do not contribute to its mission in some way (an animal shelter cant afford a bicycle recycling program, for instance - un slight its doing so as a fundraiser for its animal shelter programs). Their overall success is measured by how well they meet that mission, whatever that mission is - that may imply that success puts the organization in some debt. And, finally, legion(predicate) activities by a nonprofit are tax-exempt - they do not fix to fabricate taxes on many/ closely of their activities. A for-profit organization r closingers its board of directors, and if it concurs a profit, cuts profit-sharing checks to the board and, if theres enough, to staff. They cogency have a mission statement, but their mission is profit -- to make as much money as possible. If they end up in debt, they are a failed business. Both types of organizations profits staff, pay benefits (health mete out, vacation, etc.

), pay someone to take care of accounting, and may pay people for marketing, human resources, facilities management and new(prenominal) administrative tasks. close nonprofits pay staff far less than staff would make in the for-profit world. Both organizations are owned by their boards of director s. in that location are nonprofit hospi! tals and for profit hospitals. at that place are nonprofit hospices and for profit hospices. at that place are nonprofit recycling centers and for profit recycling centers. in that location are nonprofit theaters and for profit theaters. There are non profit universities and for profit universities. And on and on. The above in bullet points: NON- lolly ORGANIZATIONS: 1) Board of directors not paid. 2)It cannot pass on the profits to staff in the form of...If you want to pee a ripe essay, order it on our website: OrderCustomPaper.com

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