CIO stands for Charitable Incorporated Organization. It is a type of incorporated organization designed for non-profit and charitable enterprises in the United Kingdom, allowing them to take legal actions and own property while providing liability protection for trustees and members.
A non-profit-making mutual company registered under the Friendly Society Acts (1896-1955), offering personal assurance and insurance benefits.
A nonstock corporation is a type of corporation owned by its members under a membership charter or agreement, rather than through the issuance of shares.
A Tax-Exempt Organization is a non-profit entity primarily operated for a purpose other than making a profit and is exempt from federal and state income taxes.
