A mutual, mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality. Unlike a true cooperative, members usually do not contribute to the capital of the...
A mutual, mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as a mutual. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its members), which can then be used to provide common services to all members of the organization or society.
A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the...
A mutual-benefit nonprofit corporation or membership corporation is a type of nonprofit corporation in the US, similar to other mutual benefit organizations found in some of common law nations, chartered by government with a mandate to serve the mutual benefit of its members. A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income tax because they are not formed for a purpose that is meant to benefit the general public (unlike public-benefit nonprofit corporations) but rather to provide an association of people with a common benefit.
How does a state's investment in early childhood programs pay off for citizens in that state, as well as the nation? Tim Bartik explains how investing in ear...
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Craig Alexander reviews an analysis from a TD Economics report on the benefits of investing in early childhood education. He outlines the gains for children,...
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Kathy Bardswick, President and CEO, The Co-operators (Canada), shares how both she and her organization benefit from but also give back to ICMIF through thei...
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What barriers prevent the poor from reaching the middle class? Bloomberg View columnist Megan McArdle makes the surprising suggestion in her AEI Vision Talk,...
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John Montgomery is discussing the concept of benefit corporations and how they represent a step in the corporation's evolution towards having a robust social...
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