Nonprofit institution
- any organization or institution, including an accredited institution of higher education, no part of the net earnings of which inures, or may lawfully inure, to the benefit of any private shareholder or individual. non-profit organization- (1) any corporation, trust, association, cooperative, or other organization that: 638 improve, or expand its operations; and (2) The term non-profit organization includes non-profit institutions of higher education and hospitals. Section_.105 )
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