Nonprofit facility definition

Nonprofit facility means a facility that is owned or operated by a nonprofit entity.
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Nonprofit facility means the NOELF or the NONLF as applicable. If the Borrower constitutes more than one Person, then the reporting required in this Section II shall be the reporting of all such Persons as the “Borrower” on a consolidated basis.
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Nonprofit facility means an operating facility that does not make a profit.
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More Definitions of Nonprofit facility

Nonprofit facility means a charitable entity that provides food to the public, including food banks and nonprofit food facilities. To qualify as a nonprofit facility, the entity shall be exempt from paying federal income tax under the federal internal revenue code.
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Nonprofit facility means a facility owned and operated by one (1)
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Nonprofit facility means a facility which is owned and operated by one (1) or more nonprofit corporations or associations no part of the net
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Nonprofit facility means a lodging facility that is owned by an IRC 501(c) exempt organization or an organization described in ORS 65.001(31) and that is not operated for profit.¶
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Related to Nonprofit facility

  • Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.

  • Nonprofit means a nonprofit corporation as defined and established through

  • Nonprofit organization means an organization that is exempt from federal income taxation pursuant to Section 501(a) of the Code and described in Section 501(c) of the Code and that has as one of its designated activities, as indicated on United States Internal Revenue Service form 1023 "recognition of exemption", an activity that is directly related to the purposes for which grants may be issued under Revised Code Sections 164.20 through 164.27 as described in divisions (A) and (B) of Revised Code Section 164.22

  • Nonprofit corporation means that term as defined under section 108 of the nonprofit corporation act, 1982 PA 162, MCL 450.2108.

  • Qualified nonprofit organization means, with respect to a Project, an organization exempt from federal income tax under Section 501(c) (3) or (4) of the Internal Revenue Code, which is not and during the Compliance Period will not be affiliated with or controlled by a for-profit organization, whose exempt purposes include the fostering of low income housing, which owns an interest in the Project, which will materially participate in the development and operation of the Project throughout the Compliance Period, and which is not affiliated with or controlled by a for-profit organization.