what is the anwser

Which statement is true?(1 point)
Responses

Service cooperatives provide services such as insurance and credit to members at discounted rates.

501(c)(3) nonprofit organizations are neither public charities nor private foundations.

Not-for-profit organizations must not retain profits for future expenditures.

Service cooperatives help members purchase resources, market products, and sell goods.

The first statement is true: Service cooperatives provide services such as insurance and credit to members at discounted rates.