### Question
What does nonprofit organization mean?


### Answer
**Nonprofit organization** has the following meaning in *42 U.S.C. § 1472*:

> any private organization—


(I) no part of the net earnings of which inures to the benefit of any member, founder, contributor, or individual

#### Citation:
  - *42 U.S.C. § 1472*
  - Heading: **CHAPTER 8A-SLUM CLEARANCE, URBAN RENEWAL, AND FARM HOUSING > SUBCHAPTER III-FARM HOUSING**

