### Question
How does NATIONAL HOUSING define private nonprofit organization?


### Answer
Under *12 U.S.C. § 1701q*, **private nonprofit organization** is defined as:

> any incorporated private institution or foundation—


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

#### Citation:
  - *12 U.S.C. § 1701q*
  - Heading: **CHAPTER 13-NATIONAL HOUSING**

