Non-Profit Engineering Firm 3

[HamburgerHelper]

Has anyone heard of a non-profit engineering firm? In a very brief look, I saw that their are provisions for scientific organizations. I imagine that you could pay employees more if you had this designation by avoiding taxes.

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If you can't explain it to a six year old, you don't understand it yourself.

 

[cvg]

it would be difficult to maintain "not for profit" status since most owners demand a profit. so for an employee owned company, not likely you could convince all employees to not take any profit. it would have to be closely held with all owners of a like mind.

 

[looslib]

My company is a non-profit company. We don't plan it that way, but, hey, it happens. ☺

"Wildfires are dangerous, hard to control, and economically catastrophic."

Ben Loosli

 

[geotechguy1]

I think the entire industry might be non profit for a few years