Chapter 3.3Chapter 3.3

Nonprofit OrganizationsNonprofit Organizations

Key termsKey terms

Nonprofit organizationNonprofit organization CooperativeCooperative Co-opCo-op Credit unionCredit union Labor unionLabor union Professional associationProfessional association Chamber of commerceChamber of commerce Better Business BureauBetter Business Bureau Public UnityPublic Unity

ActivityActivity

Create a vocabulary poster.Create a vocabulary poster. Will define the termsWill define the terms Use a picture to illustrate the definition of Use a picture to illustrate the definition of

the words.the words. Will be used to study key terms for the Will be used to study key terms for the

chapter assessment test.chapter assessment test.

Community OrganizationsCommunity Organizations

Include: schools, churches, hospitals, welfare Include: schools, churches, hospitals, welfare groups, and adoption agencies.groups, and adoption agencies.

Legally incorporated to take advantage of Legally incorporated to take advantage of unlimited life and limited liability.unlimited life and limited liability.

Similar to profit-seeking businesses but do not Similar to profit-seeking businesses but do not issue stocks, pay dividends, or pay income issue stocks, pay dividends, or pay income taxes.taxes.

If activities/fundraisers produce revenues in If activities/fundraisers produce revenues in excess of expenses, they will use the surplus excess of expenses, they will use the surplus to further their work.to further their work.

Difficult to analyze economic importance.Difficult to analyze economic importance.

Cooperatives/ Co-opCooperatives/ Co-op

Non-profit organizationNon-profit organization Voluntary association formed to carry on Voluntary association formed to carry on

some kind of economic activity that will some kind of economic activity that will benefit it’s members.benefit it’s members.

Three categories of Co-opThree categories of Co-op

Consumer cooperativeConsumer cooperative Service cooperativeService cooperative Producer cooperativeProducer cooperative

CooperativesCooperatives

http://en.wikipedia.org/wiki/Cooperative Using figure 3.7 on page 80, create an Using figure 3.7 on page 80, create an

informational brochure on the three informational brochure on the three categories of cooperatives.categories of cooperatives.

Define each typeDefine each type Give 3-5 specific examples of each categoryGive 3-5 specific examples of each category Use pictures to represent existing cooperatives in Use pictures to represent existing cooperatives in

each category.each category.

Labor UnionsLabor Unions

An organization of workers formed to represent An organization of workers formed to represent its members’ interest in various employment its members’ interest in various employment matters.matters.

Collective bargaining: negotiating wages, Collective bargaining: negotiating wages, hours, health benefits, vacations, etc.hours, health benefits, vacations, etc.

Lobby for related laws.Lobby for related laws. Examples: American Federation of Labor-Examples: American Federation of Labor-

Congress of Industrial Organization & CTA.Congress of Industrial Organization & CTA.

Professional AssociationsProfessional Associations

Consists of people in a specialized Consists of people in a specialized occupation.occupation.

Interest: improve working conditions, Interest: improve working conditions, skills, public relations.skills, public relations.

Examples: American Medical Examples: American Medical Association, Cattlemen & Cattlewomen, Association, Cattlemen & Cattlewomen, CATA, Young Cattlemen, many CATA, Young Cattlemen, many agriculture related associations.agriculture related associations.

ActivityActivity

Each student will research a Profession Each student will research a Profession Association and create a poster to Association and create a poster to present the following information on the present the following information on the association.association. PurposePurpose Membership numberMembership number Events put on held by associationEvents put on held by association Requirements for membershipRequirements for membership OthersOthers

Business AssociationsBusiness Associations

Businesses organized to collectively work Businesses organized to collectively work together.together.

Chamber of commerceChamber of commerce Trade associationsTrade associations Better Business Bureau Better Business Bureau

GovernmentGovernment

Provided some goods and services while Provided some goods and services while helping to make sure the economy runs helping to make sure the economy runs smoothly.smoothly.

Direct role: produces goods and servicesDirect role: produces goods and services Government electrical companyGovernment electrical company Federal Deposit Insurance Corp.Federal Deposit Insurance Corp. US postal serviceUS postal service State gov. – colleges, retirement plans, state police.State gov. – colleges, retirement plans, state police. Local gov. – fire, police, rescue, schools, Local gov. – fire, police, rescue, schools, Roads, libraries, parks.Roads, libraries, parks.

Gov. continuedGov. continued

Indirect role: supervision, regulators, Indirect role: supervision, regulators, fundingfunding Public utilitiesPublic utilities GrantsGrants Control of pricesControl of prices

Chapter reviewChapter review

Main ideas: #21-29Main ideas: #21-29 Critical Thinking # 33Critical Thinking # 33