be a nonprofit corporation;

not be an agent or instrumentality of the Federal Government;

be an independent organization that may not be merged with or into any other private or public entity; and

except as otherwise provided in this subchapter, be subject to, and have all the powers conferred upon, a nonprofit corporation by the District of Columbia Nonprofit Corporation Act (D.C. Code, sec. 29–301.01 et seq.) or any successor thereto.