Re: Proposal of the new .mu framework - not-for-profit entity

From: S Moonesamy <sm+mu_at_elandsys.com>
Date: Fri, 27 Mar 2015 15:21:56 -0700

Hello,
At 12:59 27-03-2015, Mohammad Nadim wrote:
>Can someone gives a brief difference between a non-profit and a
>co-operative society ?

   "Co-operatives are a business model that exists to serve its
members, whether
    they are the customers, the employees, or the local community. The members
    are the owners, with an equal say in what the co-operative does."

   "A non-profit organization is a group organized for purposes other than
    generating profit and in which no part of the organization's income is
    distributed to its members."

Regards,
S. Moonesamy
Received on Fri Mar 27 2015 - 22:23:48 PST