Nonprofit organization - Wikipedia, the free encyclopedia: "While not-for-profit organizations are permitted to generate surplus revenues, they must be retained by the organization for its self-preservation, expansion, or plans.[2] NPOs have controlling members or boards. Many have paid staff including management, while others employ unpaid volunteers and even executives who work with or without compensation (occasionally nominal).[3] Where there is a token fee, in general, it is used to meet legal requirements for establishing a contract between the executive and the organization."
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Sunday, July 8, 2012
Nonprofit organization - Wikipedia, the free encyclopedia
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