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BURLINGTON, N.C. – A mistake on the part of a fast food restaurant has turned into a miracle for a non-profit that feeds the homeless. On Thursday, Sonic restaurants nationwide had a deal where ...
v. t. e. Masonic lodge in the City of Brussels, Belgium. A Masonic lodge, also called a private lodge or constituent lodge, is the basic organisational unit of Freemasonry. It is also a commonly used term for a building where Freemasons meet and hold their meetings. Every new lodge must be warranted or chartered by a Grand Lodge, but is subject ...
A 501 (c) (3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501 (c) (3) of Title 26 of the United States Code. It is one of the 29 types of 501 (c) nonprofit organizations [1] in the US.
A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501 (c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501 (c) for definitions ...
Sonic Corporation, founded as Sonic Drive-In and more commonly known as Sonic (stylized in all caps), is an American drive-in fast-food chain owned by Inspire Brands, the parent company of Arby's, Dunkin' Donuts and Buffalo Wild Wings. [6] Sonic, founded by Troy N. Smith, Sr., opened its first location in 1953, under the name Top Hat Drive-In. [7]
As part of this year's Teacher Appreciation Day on May 4, both Park Avenue Thrift and Sonic Drive-In funded six classroom project requests EPS teachers had posted on the education donation site ...
A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501 (c) (3) non-profit status as a charitable organization. [1] It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income ...
Not-for-profit organization. A not-for-profit or non-for-profit organization ( NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [1] An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization.