Welytok Nonprofit Law and Governance For Dummies

1. Auflage 2011
ISBN: 978-1-118-05136-8
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 368 Seiten, E-Book

As the number and size of nonprofit organizations continues togrow, NFPs are coming under ever-increasing government scrutiny.Soon Congress will require that nonprofits comply with rigorousaccounting and governance standards very similar to those set forthfor for-profits in the Sarbanes-Oxley Act.
If you work for a nonprofit and are concerned about meetingimpending changes to tax and finance standards governing NFPs thisbook is for you. In simple, straight-forward language, this guidedemystifies the often perplexing world of nonprofit governance inthe age of Sarbanes-Oxley. Author, Jill Gilbert Welytok, anattorney who heads the Sarbanes-Oxley division of a major Midwestlaw firm, walks you step-by-step through the process of evaluatingyour governance structures. She arms you with tips and strategiesfor adopting uniform standards under current governance and taxlaws, while preparing you for any upcoming changes. She shows youhow to protect your tax status and reassure donors and volunteerswhile staying true to your organization's mission. And shefills you in on what you need to know to:
* Comply with state laws and regulations
* Get and keep tax-exempt status
* Avoid lawsuits and other legal landmines
* Handle the media
* Anticipate future trends
* Make sense of the Sarbanes-Oxley act
Including sample nonprofit bylaws and a complete audit committeereport, Nonprofit Law & Governance for Dummies, SecondEdition is an indispensable survival tool for 21stcentury nonprofits.

Autoren/Hrsg.

Welytok, Jill Gilbert

Welytok, Daniel S.

Weitere Mitwirkende

Grassley, Chuck

Inhaltsverzeichnis

Foreword.
Introduction.
Part I: Nonprofits in the 21st Century.
Chapter 1: Defining and Scrutinizing the Nonprofit Sector.
Chapter 2: Regulating Nonprofits: Who's in Charge?
Chapter 3: The State of the Nation's Nonprofits.
Part II: The Nuts and Bolts of Nonprofits.
Chapter 4: Starting Up and Staying True to the Mission.
Chapter 5: Getting Tax-Exempt Status.
Chapter 6: Paying Nonprofit Directors, Officers, Staff, andVolunteers.
Part III: Structuring a Nonprofit to Meet ItsMission.
Chapter 7: Filing the Dreaded Form 990.
Chapter 8: The Responsibilities of the Board.
Chapter 9: Creating the Right Committee Structure.
Chapter 10: All About Audit Committees.
Part IV: Some Special Types of Nonprofits.
Chapter 11: Forming a Solid Foundation.
Chapter 12: Capitalizing on Cooperatives.
Part V: Legal Landmines.
Chapter 13: Existing in a World of Sarbanes-Oxley.
Chapter 14: Some Sticky Accounting Issues That All NonprofitsFace.
Chapter 15: Communicating Comfortably with the IRS.
Part VI: The Part of Tens.
Chapter 16: More Than Ten Web Sites Every Nonprofit ShouldVisit.
Chapter 17: Ten Questions to Ask Before Agreeing to Join aNonprofit Board.
Chapter 18: Ten Ways to Lose Tax-Exempt Status.
Chapter 19: Ten Tips for Dealing with the Media.
Part VII: Appendixes.
Appendix A: Sample Nonprofit Bylaws.
Appendix B: Sample Audit Committee Report.
Appendix C: State Regulatory Authorities for Nonprofits.
Appendix D: Selections from the Revised Model NonprofitCorporation Act (1987).
Index.

Über Autor(innen)

Jill Gilbert Welytok, JD, CPA, LLM, practices in the areasof corporate law, nonprofit law, and intellectual property. She isthe founder of Absolute Technology Law Group, LLC(www.abtechlaw.com). She went to law school at DePaul University inChicago, where she was on the Law Review, and picked up a MastersDegree in Computer Science from Marquette University in Wisconsinwhere she now lives. Ms. Welytok also has an LLM in Taxation fromDePaul. She was formerly a tax consultant with the predecessor firmto Ernst & Young. She frequently speaks on nonprofit, corporategovernance-taxation issues and will probably come to speak toyour company or organization if you invite her. You may e-mail herwith questions you have about Sarbanes-Oxley or anything else inthis book at [e-mail]. You can find updates to thisbook and ongoing information about SOX developments at theauthor's website located at www.abtechlaw.com.
Daniel S. Welytok, JD, LLM, is a partner in the businesspractice group of Whyte Hirschboeck Dudek S.C., where heconcentrates in the areas of taxation and business law. Dan advisesclients on strategic planning, federal and state tax issues,transactional matters, and employee benefits. He represents clientsbefore the IRS and state taxing authorities concerning audits, taxcontroversies, and offers in compromise. He has served in variousleadership roles in the American Bar Association and as Great LakesArea liaison with the IRS. He can be reached at [e-mail].