Non-profit (organisation)

Non-profit (organisatAn incorporated organization approved as “non-profit”. The constitution or governing documents of the organisation should prohibit distribution of profits or gains to individual members. This means that, in addition to certain advantages realized by the corporation in return for the nature of its public services, any profit (surplus) earned from its services must remain within the corporation for program improvement, enhancement or expansion, and cannot be distributed to owners, shareholders, etc. In addition, Board members receive no remuneration from its activities.ion)