What makes hospitals non for profit. Identify a specific hospital and provide an explanation.

Citizens aesculapian condense is a non for profit, short term disunited care facility controlled by the county government and is therefore considered depute absolve under section 501(c)(3) of the immanent receipts Service. Citizens is loosely leaved their funding through state government, non fractionisan/non semipolitical donations, and plebeian diligent taxation. Due to their non for profit status Citizens is required to oblige trinity main requirements set forth by the Internal Revenue Service. First they are required to be organized and devise exclusively in compliance with their exempt purposes, (The Internal, 2007). Citizens medical Center complies with this condition in that they are solely mean to provide medical and educational services for the community, regardless recompense ability, of Victoria, TX and the touch counties. Secondly, they are required to use all tax tax income for the purpose of the company and ensure none of the profit is prov ided to private shareholders or individuals, (The Internal, 2007). Citizens fulfills this requirement in that they are considered ?community nurture? where their resources stay in the immediate area with the excess receipts being reinvested in the infirmary, its technology, and the employees. Lastly, they ?may not be an wield organization.? In other words, the organization ?may not bowel movement to influence legislation as a substantial break apart of its activities or participate in any campaign activities,? (The Internal, 2007). Citizens has no affiliation with any political campaigns and has not received currency in hand from any partisan or political donations. Since these requirements are abided by, Citizens Medical Center is considered a tax exempt non profit organization. If Citizens is a non for profit then where do they stupefy funds to operate? According to the American Hospital Directory, in 2007 Citizens Memorial hospital receives 98.3 percent of their income from gross patient tax income total! ing 400,084,761 dollars. The remaining 1.7 percent, or... If you requirement to get a full essay, nightclub it on our website: BestEssayCheap.com

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