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Non profit doesn’t necessarily mean charity. For instance, the life line company (“help me I’ve fallen and can’t get up”) is (or was) organized as a non profit
by fnordpiglet 3y ago
Non profit doesn’t necessarily mean charity.
For instance, the life line company (“help me I’ve fallen and can’t get up”) is (or was) organized as a non profit. They sold devices and services at a decent margin. Their excess revenues went back to employees in wages and perks. Executives and founders especially enjoyed extravagant life styles.
- dizhn 3y agoI was going to say both Visa and Mastercard are non profit but apparently this changed in 2006. I guess it makes sense like a "Got Milk?", or "the other white meat" for banks.