How does a nonprofit organization obtain federal tax exemption?

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Do nonprofits have to pay minimum wage?
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What type of donations to a nonprofit organization are tax-deductible?
Are there any restrictions on the types of investments a nonprofit can make?
How can a nonprofit organization acquire tax-exempt status?
Are there any restrictions on how a nonprofit can solicit donations?
What are the rules concerning the use of volunteers by a nonprofit organization?
What are the laws concerning the disclosure of the sources of funding for a nonprofit organization?
What record-keeping requirements must a nonprofit comply with?

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