[Marketing in non-profit associations: an worldwide perspective]

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Marketing in non-profit associations: a worldwide perspective

Introduction

Non-profit associations are suitable for levy exemption. According to Federal levy laws, an organization is exempt from taxes if they function solely for determinants such as religious, charitable, technical, public security, and education. Non-profit, or not for profit associations exist mainly to help and assist those in need by supplying benevolent society or education. They have an operation to help the "greater good" of society. Corporations, one-by-one enterprises, and bases are all examples of non-profit association's forms. These associations can consist of places of worship, clinics, public schools, and public charities. The board does not advantage financially from the corporation. The board is made up of a group of individuals called trustees that organize and invest the assets of the corporation. Investorwords.com furthermore states that "trustees are lawfully obligated to make all believe associated decisions."(2006) Non-Profit associations do not make a profit and the corporations are generally run utilising government funds as well as donations. All profit that is developed is put back into the organization. Red Cross is the national's number one crisis answer organization. It was founded in 1881 and its areas of service desires encompass community services that help the needy; support and comfort for military members and their families; the assemblage, processing and circulation of lifesaving body-fluid and body-fluid products; educational programs that encourage wellbeing and security; and worldwide respite and development programs.

Explain the Applications of bureau regulation in the Business Environment

A. Rules and Regulations

Non-profit organizations follow the same government and state regulations as other corporations as well as added regulations that deal with not for earnings organizations. Federal regulations such as the U.S. Constitution and well as the U.S. code and the code of guidelines with deal with IRS levies and charitable activities. States will not take up additional directions for non-profit organizations.

Tax Exemption

The IRS states, "To be tax-exempt as an association described in IRC Section 501(c)(3) of the cipher, an association must be coordinated and functioned solely for one or more of the reasons set forth in IRC part 501(c)(3) and none of the profits of the organization may inure to any personal shareholder or individual"(2006). This means that no workers, shareholders, trustees, or controllers can finically advantage from the corporation. Also all assets of the company should be dedicated to an exempt reason and if the association was to dissolve, these assets would be turned over to the state or government for distribution.

State Statutes

Non-profit associations are coordinated under state law. The statutes alter from state to state. Many states have taken up distinct form acts. These form actions were developed to boost states to update their regulations to the best understanding of how befitting regulation may be achieved. These forms furthermore assist with the lawful and regulatory environment faced by organizations that function in more than one state. The form Nonprofit company proceed is a set of statutes that can be taken up by states to regulate the operation of nonprofit corporations ...