Non-Profit means a qualified non-profit entity as defined in Section 42(h)(5)(C), subsection 501(c)(3) or 501(c)(4) of the IRC and organized under Chapter 617, F.S., if a Florida Corporation, or organized under similar state law if organized in a jurisdiction other than Florida, to provide housing and other services on a not-for-profit basis, which owns at least 51 percent of the ownership interest in the Development held by the general partner or managing member entity, which shall receive at least 25 percent of the Developer fee, and which entity is acceptable to federal and state agencies and financial institutions as a Sponsor for affordable housing, as further described in Rule 67-48.0075, F.A.C.

Non-Profit means an organization or cooperative exempt from income taxation pursuant to 26 U.S.C. 501(c)(3).

Non-Profit means a qualified non-profit entity as defined in Section 42(h)(5)(C), subsection 501(c)(3) or 501(c)(4) of the Code, and organized under Chapter 617, F.S., if a Florida Corporation, or under similar state law if organized in a jurisdiction other than Florida, to provide low-income housing and other services on a not-for-profit basis, which owns at least fifty one percent (51%) of the ownership interest in the Development held by the general partner entity and which entity is acceptable to federal and state agencies and financial institutions as a Sponsor for housing.

Examples of Non-Profit in a sentence

The Subrecipient agrees to comply with all applicable federal, state, and local laws and regulations governing the funds provided under this contract including OMB Circular A-133 (Audits of State and Local Governments and Non-Profit Organizations), OMB Circular A422 (Cost Principles for Non-Profit Organizations), and 24 CFT Part 84 (Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non- Profit Organizations).
Agencies shall use standard patent rights clause specified in “rights to Inventions made by Non-Profit Organizations and Small Business Firms” (37 CFR Part 401), when providing support for research and development.
The Sub-Recipient shall fully comply with requirements of OMB Circular A-133, ‘Audits of States, Local Governments, and Non-Profit Organizations, if applicable.
The rental rates are as follows: RENTAL TYPE RESIDENT RATE Five or more hours rental (6am – 10pm) $50.00 Four hours or less (6am – 10pm) $35.00 Non-Profit Groups (local 4H clubs, cub scouts, girl scouts, and other not-for- profit groups) Free to listed groups.
Grant Amount $2,200,000 Non-Profit Name: Viet America Society, Inc.

More Definitions of Non-Profit

Non-Profit means a corporation without share capital that has objects of a charitable nature;

Non-Profit means any corporation, trust, association, cooperative, or other organization which:

Non-Profit means a non-profit organization described in Section 501c(3) of the Internal Revenue Code of 1954 which is exempt from taxation under Section 501(c)(3) of that code, or any non-profit educational organization qualified under Section 23701(d) of the Revenue and Taxation Code.

Non-Profit means exempt from taxes under Section 501(c) of the United States Internal Revenue Code.

Non-Profit or “not-for-profit” means an entity that is exempt from taxes under United States Internal Revenue Code Section 501(c), 26 U.S.C. 501(c).

Non-Profit means an entity that is certified as tax-exempt under Section 501(c)(3) of the Internal Revenue Code.