A not for profit corporation while having many of the same attributes as a for profit corporation. They sign contracts, they own real property, they can finance whatever they need to. It is very different and there are completely different set of laws that apply to a not for profit corporations than for profit corporations or limited liability companies.

And there’s also a different way of operating the business as well. And it’s important to work with an attorney who has experience working with not for profit corporations who will pick up on those nuances and properly advise so the corporation and its directors and its officers and employees are compliant.