PhillyCarShare is ending its experiment as a nonprofit and has been sold to Enterprise Holdings, The Philadelphia Inquirer reports.

Many neighbors are probably wondering what will happen to the PhillyCarShare membership and its fleet (26 locations in West Philly) once the sale is finalized. According to Enterprise officials, they are going to retain the PhillyCarShare name, its 25 employees and even expand the fleet, which has been shrinking since 2009.

There was no mention of whether this transaction will affect membership fees and other rates. Currently, a PhillyCarShare residential member pays $15/month ($125/year), $0.25/mile, and hourly rates begin at $4.45.

The Inky quotes PhillyCarShare executive director Gerald Furgione:

“Enterprise definitely saved us. The only thing we regret is that we will no longer be a nonprofit.”

A bill for $2.7 million in back taxes and penalties has apparently led to the sale.

The debate over whether car sharing firms should be treated the same as regular car rental firms, which pay an excise tax in most states for each car rented, has been heating up in recent years and may be behind the sale as well.