RECR 200 Chapter Notes - Chapter 8: Voluntary Sector, Little League Baseball, Social Enterprise

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Intro: public/quasi-public purposes, part of the three-sector model of service delivery. Nonprofit sector in the us: 3 sectors of society economic, political, social, synonyms: Tax-exempt sector: what is a nonprofit org. Incorp. under state (or fed. ) law as a not-for-profit corp. Set up to serve some public purpose. Lim. to pursue purp. for (cid:449)hi(cid:272)h they"(cid:448)e (cid:271)ee(cid:374) est: nonprofits & taxes. Tax exempt irs code 501(c)/(d: excess revenues. Ca(cid:374)"t distri(cid:271). to shareholders/o(cid:449)(cid:374)ers, dire(cid:272)tors, offi(cid:272)ers, (cid:373)e(cid:373)(cid:271)ers, et(cid:272). Common charac. of nonprofit orgs: organized incorporated entities, private not gov, nonprofit distributing not commercial, self-governing control own affairs, voluntary membership/contrib, beneficial to the public public purpose/good. Goals & functions: promote interest of those they serve (mission) Not to make a profit: public benefit. Serve wide spectrum of pop. groups (common good) Ex hospitals, museums, ed. orgs. , comm. rec. centers: mutual benefit. Ex business/pro. ass. , social clubs, golf clubs.

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