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FRIENDS OF BOMBAY HOOK Newsletter Vol. 25, No. 3 May 1, 2015, Our Mission Statement: The Friends of Bombay Hook is a notforprofit corporation working in conjunction with Bombay Hook NOR and the U.
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A not-for-profit corporation is working towards achieving a specific mission or goal, usually for the benefit of the community or a certain cause.
Not-for-profit corporations are required to file with the appropriate government agencies, such as the IRS or state regulators, in order to maintain their legal status.
Filing requirements for a not-for-profit corporation may vary depending on the jurisdiction and the type of organization. It is important to consult with legal or tax professionals to ensure proper compliance.
The purpose of a not-for-profit corporation is typically to serve a charitable, educational, religious, scientific, or other socially beneficial purpose without the intention of generating profits for its members or owners.
Not-for-profit corporations may be required to report information such as financial statements, board members, executive compensation, and details about their programs and activities.
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