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nonprofit organization
(redirected from Tax-Exempt Organizations)

   Also found in: Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.nonprofit organization - an organization chartered for other than profit-making activities
organization, organisation - the act of organizing a business or an activity related to a business; "he was brought in to supervise the organization of a new department"


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It is specifically targeted to help small businesses and tax-exempt organizations that primarily employ moderate- and lower-income workers.
Critics claiming that there are "too many" nonprofits will have something to cheer about in early 2011 when the Internal Revenue Service (IRS) publishes the list of tax-exempt organizations that have had their status automatically revoked for failure to file annual information tax returns for three consecutive years.
Recently, the Internal Revenue Service (IRS) offered a one-time relief program to help these organizations preserve their status as tax-exempt organizations.
 
 
 
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