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What is the advantage of choosing a not-for-profit corporation?

April 26, 2017advantage corporation not-for-profit

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What is the advantage of choosing a not-for-profit corporation?

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Not-for-profit corporations do not pay dividends to shareholders nor do they pay federal or state income taxes. Profits are returned to the organization, typically resulting in better care as measured by staff-to-resident ratios, high-quality dining, and outstanding health care.