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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 ...
A membership organization is any organization that allows people or entities to subscribe, and often requires them to pay a membership free or "subscription". [1] Membership organizations typically have a particular purpose, which involves connecting people together around a particular activity, geographical location, industry, activity, interest, mission, or profession. [2]
Membership is limited to "acceptable white persons of good moral character, sound bodily health and engaged in a reputable business." Had 526 benefit members in 6 branches or "Wards" in 1923. [485] In 1927, in Illinois only, the order had 2,312 members, 671 of whom were social members without insurance. Appears to have disappeared by 1935. [486]
Association website. The association's corporate website typically explains the association's aims and objectives, promotes the association's products and services, explains the benefits of membership to prospective members, and promotes members' businesses (for example, by means of an online listing of members and description of their businesses).
This is a competitive advantage to such companies—the idea of owning a piece of the company could be more attractive to some potential clients than the idea of being a source of profits for investors. In the typical stock company, profits go to shareholders. In contrast, a mutual manages the company in the best interests of the customers.
In the United States, the National Cooperative Business Association (NCBA CLUSA; the abbreviation of the organization retains the initials of its former name, Cooperative League of the USA) serves as the sector's oldest national membership association. It is dedicated to ensuring that cooperative businesses have the same opportunities as other ...
The Uniformed Services Benefit Association (USBA) is a nonprofit organization headquartered in Overland Park, Kansas, [1] providing affordable group life insurance plans and other financial services specifically designed for active duty and retired military members and their families, as well as honorably discharged veterans, National Guard and Reserve members, and federal civilian employees.
The American Benefits Council (the Council) is a national trade association based in Washington, D.C. that advocates for employer-sponsored benefit plans. The Council's members represent the private employee benefits community and either sponsor directly or provide services to retirement and health benefit plans both nationally and internationally.