How are cooperatives similar to nonprofit organizations.

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asked Feb 24, 2023 29.2k views

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Badr Bellaj · Answer 1 · 2023-03-03T12:46:41+0000

A nonprofit organization that is tax-exempt appears similar to a cooperative that operates on “not-for-profit” basis and doesn't pay taxes on some of its earnings. Both nonprofits and cooperatives can have members and use member-based governance.

How are cooperatives similar to nonprofit organizations.

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