805 ILCS 105/103.05
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 3 - Purposes And Powers

 (from Ch. 32, par. 103.05)Sec. 103.05. Purposes and authority of corporations;  particular purposes; exemptions.(a) Not-for-profit corporations may be organized under this Act for any  one or more of the following or similar purposes:(1) Charitable.(2) Benevolent.(3) Eleemosynary.(4) Educational.(5) Civic.(6) Patriotic.(7) Political.(8) Religious.(9) Social.(10) Literary.(11) Athletic.(12) Scientific.(13) Research.(14) Agricultural.(15) Horticultural.(16) Soil improvement.(17) Crop improvement.(18) Livestock or poultry improvement.(19) Professional, commercial, industrial, or trade     association.(20) Promoting the development, establishment, or     expansion of industries.(21) Electrification on a cooperative basis.(22) Telephone service on a mutual or cooperative     basis.(23) Ownership and operation of water supply     facilities for drinking and general domestic use on a mutual or cooperative basis.(24) Ownership or administration of residential     property on a cooperative basis.(25) Administration and operation of property owned     on a condominium basis or by a homeowner association.(26) Administration and operation of an organization     on a cooperative basis producing or furnishing goods, services, or facilities primarily for the benefit of its members who are consumers of those goods, services, or facilities.(27) Operation of a community mental health board or     center organized pursuant to the Community Mental Health Act for the purpose of providing direct patient services.(28) Provision of debt management services as     authorized by the Debt Management Service Act.(29) Promotion, operation, and administration of a     ridesharing arrangement as defined in Section 1-176.1 of the Illinois Vehicle Code.(30) The administration and operation of an     organization for the purpose of assisting low-income consumers in the acquisition of utility and telephone services.(31) Any purpose permitted to be exempt from taxation     under Sections 501(c) or 501(d) of the United States Internal Revenue Code, as now in or hereafter amended.(32) Any purpose that would qualify for     tax-deductible gifts under the Section 170(c) of the United States Internal Revenue Code, as now or hereafter amended.  Any such purpose is deemed to be charitable under subsection (a)(1) of this Section.(33) Furnishing of natural gas on a cooperative     basis.(34) Ownership and operation of agriculture-based     biogas (anaerobic digester) systems on a cooperative basis including the marketing and sale of products produced from these, including but not limited to methane gas, electricity, and compost.(35) Ownership and operation of a hemophilia program,     including comprehensive hemophilia diagnostic treatment centers, under Section 501(a)(2) of the Social Security Act. The hemophilia program may employ physicians, other health care professionals, and staff. The program and the corporate board may not exercise control over, direct, or interfere with a physician's exercise and execution of his or her professional judgment in the provision of care or treatment.(b) A corporation may be organized hereunder to serve in an  area that adjoins or borders (except for any intervening  natural watercourse) an area located in an adjoining state  intended to be similarly served, and the corporation may  join any corporation created by the adjoining state having  an identical purpose and organized as a not-for-profit  corporation.  Whenever any corporation organized under this  Act so joins with a foreign corporation having an identical  purpose, the corporation shall be permitted to do business  in Illinois as one corporation; provided (1) that the name,  bylaw provisions, officers, and directors of each  corporation are identical, (2) that the foreign corporation  complies with the provisions of this Act relating to the  admission of foreign corporation, and (3) that the Illinois  corporation files a statement with the Secretary of State  indicating that it has joined with a foreign corporation  setting forth the name thereof and the state of its incorporation.  (Source: P.A. 101-57, eff. 7-12-19.)