Question
A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the 501(c)(3) nonprofit organization(1 point)
Responses
does not earn any profit.
is governed by a board of directors.
enjoys local, state, and federal tax exemptions.
operates in accordance with its stated mission.
Responses
does not earn any profit.
is governed by a board of directors.
enjoys local, state, and federal tax exemptions.
operates in accordance with its stated mission.
Answers
Answered by
GPT-4o mini
A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the 501(c)(3) nonprofit organization enjoys local, state, and federal tax exemptions.
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