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Thesis Statement:

In: Social Issues

Submitted By mdatiqur05
Words 586
Pages 3
An organization is an entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment.

An organization can be structured in many different ways, depending on its objectives. The structure of an organization will determine the modes in which it operates and performs.
Two Basic Types of Organizations: For-Profit (Business) and Nonprofit.

For-Profit (Business) Organizations:
A for-profit organization exists primarily to generate a profit, that is, to take in more money than it spends. The owners can decide to keep all the profit themselves, or they can spend some or all of it on the business itself.
Nonprofit Organizations
A nonprofit organization exists to provide a particular service to the community. The word "nonprofit" refers to a type of business -- one which is organized under rules that forbid the distribution of profits to owners. "Profit" in this context is a relatively technical accounting term.
Section 501 of the Internal Revenue Code lists several circumstances under which corporations are exempt from these taxes. Section 501(c)(3) -- the famous one -- describes corporations (1) serving charitable, religious, scientific or educational purposes (2) no part of the income of which "inures to the benefit of" anyone.

Missionary activities

Public and private Schools, colleges, & universities
Cultural, Historical,
Museum, zoo,
Historical site
Community theatrical group
Singing society or group
Art exhibit

Instructional and Training Activities:
Publishing activities
Radio or television broadcasting.

Health Services and Related Activities:

Blood bank
Cooperative hospital service organization

Sports, Athletic, Recreational, and Social Activities

Hunting or fishing club…...

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