Many
not-for-profits operate without a formal strategic plan or one that only covers 12 months.
In the case of colleges, they already pay local governmental property taxes on their dormitories and cafeterias, a unique situation making those in the state less competitive than any other state around it and making the
not-for-profits less competitive with public institutions that do not have to pay the same levy.
Much has been written lately about the
not-for-profit sector.
Vitale would provide support and financial solutions to
not-for-profit health care organizations and educational institutions that rely on Bank of America's
Not-for-Profit Health care and Institutions practice.
The good news for internal auditors in all the changes rocking
not-for-profits is no matter how complex that sector gets, sound, basic internal audit procedures can still help prevent and detect fraud.
In addition to derivative suits brought by the state attorneys general,
not-for-profits may face exposure for claims brought by other governmental agencies, including the Internal Revenue Service, as a result of problems occurring in connection with their special tax-exempt status.
Careful planning and collaboration are key in creating successful joint ventures, according to the panelists discussing 'For-Profit and
Not-for-Profit Collaboration in Redevelopment' at an educational conference presented by the Northern New Jersey District Council of the Urban Land Institute (ULI-NNJ) focused on creating successful redevelopment initiatives.
Some would say these margins do not apply because
not-for-profits are more caring and deliver higher quality of life and standards of care.
The protection of charitable assets of
not-for-profits converting to for-profit status has a long history in the health industry.
Of course, these facilities, being in the
not-for-profit sector, have had access to large endowments that they've been able to invest to offset their operating losses.
After thirty years of
not-for-profit theater, is black theater better off today than thirty years ago?
While some
not-for-profits don't receive charitable contributions, the new standard on financial statements will affect virtually every
not-for-profit organization.
