Originally Posted by Andreas
I guess you are not reading this properly, let me highlight the main facts for you.
is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes
As you can see your EXACTLY is not exactly making and sence.
I guess you are not reading this properly, let me highlight the main facts for you.
is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes
As you can see your EXACTLY is not exactly making and sence.
Yes it is.
Public or private interest. Check. Using the SCCA model again, it is a private club. You have to buy a membership. It makes a profit. It has to in order to be able to continue operating.
Once again, it's primary focus is NOT profit, but that does not preclude it from making a profit.
Like I said, you do not understand what a non-profit organization is.