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The nonprofit corporation, however, is different from an unincorporated nonprofit association because, as its name suggests, it is a corporation formed with the primary goal of benefiting the public, as opposed to being just an association of people.
Therefore, an unincorporated association cannot enter into contracts in its own name, or own land, or employ people, or sue or be sued. The members of the unincorporated association do these things on behalf of the association.
Unincorporated Associations Deposit accounts held in the name of an unincorporated association (such as a neighborhood association or a scout troop) engaged in an independent activity are insured as the association's deposits, separately from the personal deposits of the officers or members.
An unincorporated association may be a for- profit or nonprofit group, such as a partnership, social club, charitable group, mutual aid society, homeowners association, labor union, political group, or religious society.
A nonprofit organization may be created as a corporation, a trust, or an unincorporated association. Any of these entities may qualify for exemption. Note, however, that a partnership generally may not qualify.