Which of the following statements about the Consumers Union is true?

The Consumers Union is indeed a nonprofit organization, which plays a vital role in advocating for consumer rights and providing impartial product testing and reviews. As a nonprofit, its primary mission is not to generate profit but to inform and empower consumers by helping them make better purchasing decisions based on unbiased information.

This organization runs the well-known magazine Consumer Reports, which evaluates various products and services, helping consumers understand the quality and value of items before making purchases. Being a nonprofit allows the Consumers Union to prioritize the interests of consumers rather than those of shareholders or profit margins, fostering trust and integrity in their reporting.

The other choices do not accurately reflect the nature of the Consumers Union. It is not a regulatory agency or a government agency; instead, it operates independently of government oversight. Additionally, it is not classified as a private corporation, as its primary focus is consumer advocacy, distinguishing it from standard for-profit corporate entities.