Have a Finance Question? Ask a Financial Expert Online.
Non profit status is granted by the IRS for charitable, religous, and benevolent purposes under section 501 c 3 of the internal revenue service code. You do not have to have a trademark on the name before you apply for non-profit status. Non profit status means that the profits from the business do not go to the owners of the business, but are retained by the organization for their charitable purposes. Health insurance can be provided for employees of the non-profit.
Please sir; will the non-profit cover us nationwide?
Where do you go to get health insurance for non-profit employees?