Not-for-profit organization in the context of "Inova Health System"

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⭐ Core Definition: Not-for-profit organization

A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives.

While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. An NFPO must be differentiated from a NPO as they are not formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs.

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Not-for-profit organization in the context of Employment

Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organization or legal contracts.

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Not-for-profit organization in the context of Blue Flag beach

The Blue Flag is a certification by the Foundation for Environmental Education (FEE) that a beach, marina, or sustainable boating tourism operator meets its standards. The Blue Flag is a trademark owned by FEE, which is a not-for-profit, non-governmental organisation consisting of more than 100 organisations spreading 81 countries. As of 2025, Spain is the country with the most Blue Flag beaches in the world, with 642 Blue Flags and 749 awards in total.

FEE's Blue Flag criteria include standards for quality, safety, environmental education and information, the provision of services, and general environmental management. The Blue Flag is hence sought as an indication of high environmental and quality standards.

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Not-for-profit organization in the context of Zion's Watch Tower Tract Society

The Watch Tower Bible and Tract Society of Pennsylvania is a non-stock, not-for-profit organization headquartered in Warwick, New York. It is the main legal entity used worldwide by Jehovah's Witnesses to direct, administer, and disseminate doctrines for the group and is often referred to by members of the denomination simply as "the Society". It is the parent organization of a number of Watch Tower subsidiaries, including the Watchtower Society of New York and the International Bible Students Association. The number of voting shareholders of the corporation is limited to between 300 and 500 "mature, active and faithful" male Jehovah's Witnesses. About 5,800 Jehovah's Witnesses provide voluntary unpaid labor, as members of a religious order, in three large Watch Tower Society facilities in New York. Nearly 15,000 other members of the order work at the Watch Tower Society's other facilities worldwide.

The organization was formed in 1881 as Zion's Watch Tower Tract Society for the purpose of distributing religious tracts. The society was incorporated in Pittsburgh, Pennsylvania, on December 15, 1884. In 1896, the society was renamed Watch Tower Bible and Tract Society. Following a leadership dispute in the Bible Student movement, the society remained associated with the branch of the movement that became known as Jehovah's Witnesses. In 1955, the corporation was renamed Watch Tower Bible and Tract Society of Pennsylvania. In 1976, all activities of the Watch Tower Society were brought under the supervision of the Governing Body of Jehovah's Witnesses.

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Not-for-profit organization in the context of Examination board

An examination board (or exam board) is an organization that sets examinations, is responsible for marking them, and distributes the results. Some are run by governmental entities; some are run as not-for-profit organizations.

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