[Brian Watkins]

With non-profit corporations is there ownership of them? I've always thought that there was but recently a few people told me that there is no ownership of them.

Also...

Can an owner of a non-profit corporation sell it?

If you own a non-profit corporation can you decide not to take a mandatory position of the corporation (board of directors, president, etc.) and still remain the owner?

Can non-profit corporations some how become for-profit corporations? doubt this one

Brian Watkins

[TryingHard]

Brian a non-profit corp still has a president and board of directors but can NOT be sold, only resolved, can NOT turn to for-profit but can engage in unrelated business for revenue, and can NOT post a profit. That being said, president's of non-profits can salary themselves handsomely but never 25% or more of the revenue for a year.

Oh and they don't have to pay taxes.
Donations to non profits are tax deductible, and people like to donate...makes them feel good about themselves!

[Brian Watkins]

When you say President of the non-profit, are you talking about the owner? Meaning that there is actually ownership in non-profits but they just can't be sold?

Are Presidents always owners in profit and non-profit corporations?...I didn't think so.

If there is ownership in non-profit corporations then is stock issued and can ownership/stock be transferred?

Brian Watkins

[Bscivolette]

President's are not always in the owner of corporations. For a non-profit, there is no owner yet a Founder. In addition, for any public company that has stock the company is owned by many people (i.e those who have purchased the stock) and the majority share holder (51% of the shares) is usually seen as they owner, although even share holders with just one share have a piece of the company.

In the world of huge companies such as McDonald's, Coke, Wal Mart, there are literally millions upon millions of shares issued. Even share holders with 2% holdings are considered major share holders because they can hold hundreds of millions of dollars worth of the company.