A public-benefit nonprofit corporation is a type of nonprofit corporation chartered by a U.S. state government and organized primarily or exclusively for social, educational, recreational or charitable purposes by like-minded citizens. Public-benefit nonprofit corporations are distinct in the law from mutual-benefit nonprofit corporations in that they are organized for the general public benefit rather than for the interest of its members. They are also distinct in the law from religious corporations.
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In this Dossier
Public authority in the context of Robert Moses
Robert Moses (December 18, 1888 – July 29, 1981) was an American urban planner and public official who worked in the New York metropolitan area during the early to mid-20th century. Moses is regarded as one of the most powerful and influential people in the history of New York City and New York state. The grand scale of his infrastructure projects and his philosophy of urban development influenced a generation of engineers, architects, and urban planners across the United States.
Never elected to any public office, Moses held various positions throughout his more-than-40-year career. He held as many as 12 titles at once, including New York City Parks Commissioner and chairman of the Long Island State Park Commission. By working closely with New York governor Al Smith early in his career, he became an expert in writing laws and navigating and manipulating the workings of state government. He created and led numerous semi-autonomous public authorities, through which he controlled millions of dollars in revenue and directly issued bonds to fund new ventures with little outside input or oversight.
Public authority in the context of Budget
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms.
Preparing a budget allows companies, authorities, private entities or families to establish priorities and evaluate the achievement of their objectives. To achieve these goals it may be necessary to incur a deficit (expenses exceed income) or, on the contrary, it may be possible to save, in which case the budget will present a surplus (income exceed expenses).
Public authority in the context of Port district
A port authority (less commonly a port district) is a governmental or quasi-governmental public authority for a special-purpose district usually formed by a legislative body (or bodies) to operate ports and other transportation infrastructure. In Canada, the federal Minister of Transport selects the local chief executive board member and the rest of the board is appointed at the recommendation of port users to the federal Minister; while all Canadian port authorities have a federal or Crown charter called letters patent.
Numerous Caribbean nations have port authorities, including those of Aruba, British Virgin Islands, Bahamas, Jamaica, Cayman Islands, Trinidad and Tobago, St. Lucia, St. Maarten, St. Vincent and the Grenadines.