Free Webinar: Turning Nonprofit Regulations Into Opportunities

UPDATE: The webinar is in two days but there is still time to register. Sign up today!

Nonprofit regulations are constantly changing and this year has been no different. From disclosure about credit worthiness to meeting the standards set forth by the Affordable Care Act (ACA) many nonprofit managers find themselves asking the following question: How do I ensure accountability and compliance in all facets of my financial management?

In our upcoming free webinar with Intacct Corporation, "Turning the Challenges of Meeting Nonprofit Regulations into Opportunities," you will get the answer to that question and many more. Joined by financial experts Jackie Tiso of JMT Consulting Group and Kirk Danilson of Intacct, this webinar will show how nonprofits can leverage their accounting systems to effectively meet and comply with ever evolving regulations and standards.

You will also learn:

• What key new regulations and standards you need to worry about;
• How to implement internal controls to ensure accountability;
• How to provide transparency into NonProfit effectiveness to the donor community; and,
• Why cloud financials makes accountability easier than ever with lower cost and increased ease of use.

Sign up for this free webinar today and turn the challenges of these regulations into opportunities to advance your nonprofit.

Some Nonprofits Drowning In Water Fees

Nonprofits don't pay property taxes but, as The NonProfit Times explained, they often end up paying money to the government anyway. This come in the form of payments in lieu of taxes (PILOTs).

Newsmax reported today on one such PILOT that is being debated in an Oregon court. Some cities are starting to charge nonprofits and churches double for their water bills. This is the case in Canyonville, Ore., where a city ordinance states that nonprofits, churches, and schools will be charged this amount in lieu of taxes. The city of Canyonville boasts that its residents pay less for water than neighboring towns.

Canyonville Christian Academy (CCA), established in 1924, told Newsmax that the extra charges for water date back nearly 30 years, totaling about $200,000. The law is written to cover all nonprofits that use water, but CCA believes that the regulations targeted 10 churches and four Christian schools. CCA informed the school of what they considered to be improper billing in June, but they said nothing was done to solve the problem. The school offered to resolved the issue on Oct. 19, 2011 by taking a small amount of the surcharges of the last six years in the form of credits on future bills. That offer was rejected.

Believing the law to be unconstitutional, CCA appealed to the Douglas County Circuit Court in Roseburg, Ore. to give a ruling on the matter. If the court rules in the school's favor, it could potentially trigger similar lawsuits in the future.

You can read the full story in Newsmax.

NPTtv Summary: End of Nonprofit Board Ban?

Note: This is a summary of a story from the newest episode of The NonProfit Times TV.

Could a 15-year ban be coming to an end?

If The Office of Government Ethics (OGE) has its way, federal employees will be allowed to serve on nonprofit boards without approval from their agencies.  The organization published a proposed rule in the Federal Register to do away with that regulation, which has existed since it was first passed in 1996.  They noted in their new proposal that the supposed conflicts of interest between an employee’s job and their financial duties to a nonprofit are more theoretical than real.  Therefore, they argued, the regulation was not necessary.

Whether this rule will become law is anybody's guess, but it's certainly something to keep an eye on.