Non- Profit Organization - A non-profit organization is an institution that functions much like a business, but does not operate for the purpose of generating profits.
-The government extents non-profit organizations for income taxes.
-Non-profit organization operate with some government support.
-Almost all provide services rather than goods
-Other non-profit organizations provide support to certain occupations or geographical areas. The non-profit organizations include professional organizations, business association, trade association, and labor unions.
Professional Organizations: -work to improve the image, working, conditions,and skill levels of people in particular occupations. Business Associations: - non-profit organization that promotes collective business interests for a city, state, or other geographical area, or for a group of similar business. Trade Associations: - Non-profit organization that promotes the interests of a particular industry. Labor Unions: -is an organized group of workers whose aim is to improve working conditions, hours, wages and fringe benefits.