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Non profit is such a silly term. All it means is that shareholders don't profit (because there are no shares). It says nothing about employees or executives. I
by anon291 3y ago
Non profit is such a silly term. All it means is that shareholders don't profit (because there are no shares). It says nothing about employees or executives.
IMO, we should be honest. Only volunteers or those sworn to poverty should be allowed employment in these things. This is why they were originally implemented, so things like your local Masons or Knights of Columbus or convent can have some legal structure.
They were not intended for something like this. Let's be honest. We have new corporate structures like public benefit corporations that make more sense.