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WEEK1 MIKE SMITH
Professor Lester Salamon of Johns Hopkins University has written that nonprofit organizations have the following characteristics. They are,1. Organized activity2. Private, independent organizations, not extensions of government3. Voluntary in participation; free from coerced or mandated participation4. Self-governing. They govern themselves and are not directly controlled by government. 5. Not profit distributing. Excess revenue is directed to mission not to individuals or owners.6. Of public benefit. They provide a public good or contribute to the general welfarePlease write a 500 word essay to explain and elaborate on each of those points. PLUS REFERENCES
