Nonprofit organizations often are involved with operations

Reference no: EM13589342

Nonprofit organizations often are involved with operations that are typically outside of their main mission. For instance, a hospital chain may own a shopping center. This type of income may be classified as unrelated business activity. How would this type of transaction be accounted for on the books of the nonprofit organization? What other type of issues, either accounting or tax, may be involved?

Reference no: EM13589342

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