Employers that may be considered “applicable large employers” – Those with 50 or more full-time workers, including full-time equivalent employees (see following definitions) – Should be taking steps to determine whether they fall within requirements of the Employer Shared Responsibility (RSR) provisions under the Patient Protection and Affordable Care Act (ACA, or “Obamacare”). The provisions, […]
by The NonProfit Times – January 29, 2014 Although the very word “committee” can send people running for the exits, they are necessary in many areas of nonprofit operations. One such area is audits. During the AICPA Not-for-Profit Industry Conference, Frank Kurre, New York office managing partner for Grant Thornton LLP, and Donna O’Brien, president of […]
When the founder or longtime executive of a nonprofit leaves an organization, the board often grapples with how to say goodbye and thank you. This question is loaded with complexities— feelings and relationships come into play, as do financial, legal, and reputational risks and rewards. There is a range of motivations for considering an exit […]
WRITTEN BY JOHN BROTHERS CREATED ON WEDNESDAY, 02 OCTOBER 2013 According to various experts and recent federal government guidance, nonprofit organizations receiving federal government funding should pay attention to several important areas. Alicia Schoshinski, a senior HR consultant writing for an online service called Nonprofit HR, states, “There is still a lot of uncertainty surrounding this issue (federal […]
WRITTEN BY PAUL T. HOGAN CREATED ON WEDNESDAY, 02 OCTOBER 2013 “Begin with the end in mind.” The second of Stephen Covey’s famous “7 Habits of Highly Effective People” carries cartloads of implications for anyone planning pretty much anything. Knowing what is ultimately to be achieved guides every decision at every point along the way, and, most […]
WRITTEN BY EILEEN CUNNIFFE CREATED ON MONDAY, 22 JULY 2013 15:04 The nonprofit board is a funny animal, perhaps not optimally designed for success. I once heard it described as the only team sport in which the team never gets to practice—yet every time they show up, it’s game day, and the action is live. The governance […]
In a decision announced on July 2, the Obama administration has decided to postpone the employer mandate for companies with 50 or more employees until 2015. The mandate was previously set to go into effect on January 1, 2014. The mandate is now scheduled to go into effect in January 2015 for employers to offer […]
Fundraising is the lifeblood of most nonprofits. It’s provides you with your revenue or funding to implement initiatives that advance the mission of your organization. There are an almost unlimited number of ways a non-profit organization can go about raising funds. And while many of them may have merits, it is critical for any organization […]
This conflict of interest policy is designed to help directors, officers, and employees of the [Organization Name] identify situations that present potential conflicts of interest and to provide [Organization Name] with a procedure that, if observed, will allow a transaction to be treated as valid and binding even though a director, officer, or employee has […]
State regulatory requirements for establishing whistleblower reporting programs and for the protection of employees from retaliatory actions should be considered in developing and implementing whistleblower policies such as the example that follows.
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Squire, Lemkin + Company, LLP is a Rockville, MD accounting firm providing audit, tax, accounting and not-for-profit consulting services to companies across the East Coast. Our firm has expertise in not-for-profit Organizations, Entrepreneurial Businesses, Professional Service Firms, High Net Worth Individuals, Estates and Trusts, Employee Benefit Plans and Individual Tax Returns.
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