Good Governance Practices for 501(c)(3) Organizations

In recent years, the subject of “good governance” and its potential to prevent wrongdoing, ensure compliance with the law, and enhance the overall effectiveness of the nonprofit sector has been a topic of enormous interest in the media, Congress, the public, and the nonprofit community.  The Internal Revenue Service (IRS) has significantly increased its own role with respect to promoting improved governance and has announced its plans to become even more active in this area.

PYA Tax Manager Elizabeth Wright presented “Good Governance Practices for 501(c)(3) Organizations” at the Accounting and Financial Women’s Alliance (AFWA) Luncheon, Thursday, March 27, 2014.  The presentation provides an overview of good governance practices to assist any size 501(c)(3) organization in complying with IRS governance guidelines.

View the presentation below.

For more information about good governance and compliance, or to request a speaker on this topic at your organization or event, contact the expert listed belowat PYA, (800) 270-9629.

 

WE ARE REQUIRED BY IRS CIRCULAR 230 TO INFORM YOU THAT THE FOLLOWING DISCUSSION WAS NOT INTENDED OR WRITTEN TO BE USED, AND IT CANNOT BE USED, NOR RELIED UPON, BY ANY TAXPAYER FOR THE PURPOSE OF AVOIDING ANY PENALTIES THAT MAY BE IMPOSED UNDER FEDERAL TAX LAW. THE ADVICE WAS WRITTEN TO SUPPORT THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED IN THE DISCUSSION. EACH TAXPAYER SHOULD SEEK ADVICE BASED ON ITS PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.


Debbie Ernsberger

Debbie Ernsberger

Principal

Related Posts
The term “one size fits all” may be desirable in certain circumstances.  But, in many cases, the phrase more often translates to “just kind of fits.”  This is particularly true...
Read More

Finding the Right Fit: 4 Considerations When Choosing a Healthcare Auditor

PYA ranks on INSIDE Public Accounting’s list of Top 100 Accounting Firms for the third consecutive year.  PYA, a national accounting and management consulting firm, has been ranked as a...
Read More

PYA Again Among IPA’s Top 100 Largest Accounting Firms

Baltimore, Maryland, will be the host city for the American Health Lawyers Association 2018 Fraud and Compliance Forum.  The forum, which takes place September 26-28, offers fundamental, intermediate, and advanced...
Read More

PYA Supports AHLA Educational Efforts at 2018 Fraud and Compliance Forum

Becker’s Hospital Review recently published a synopsis, “Cardiologist shortage is coming: 5 things to know,” based on PYA’s latest infographic. The infographic shines a spotlight on the interrelated nature of...
Read More

PYA Infographic Featured in Becker’s Hospital Review

FVS Consulting Digest recently published an article, “The Opioid Crisis: The Important Role of CPAs,” co-authored by PYA Senior Manager Valerie Rock.  The article outlines the crucial role CPAs play...
Read More

The Opioid Crisis: The Important Role of CPAs

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

Changes to the Clinical Laboratory Fee Schedule in the 2019 Medicare Physician Fee Schedule Proposed Rule

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

Changes to Part B Drug Pricing in the 2019 Medicare Physician Fee Schedule Proposed Rule

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

2019 Medicare Physician Fee Schedule Proposed Rule

A recent article by PYA Consulting Manager Katie Culver has been published by Becker’s Hospital Review.  “Medicaid work requirements: What they mean for your healthcare organization,” explores state-imposed individual work...
Read More

Medicaid Work Requirements: What They Mean for your Healthcare Organization

Share This Insight

If you received value from this article, please share it with your network (e.g., Facebook, Twitter, LinkedIn). Icons below for your convenience.

Stay Current

PYA Population Health Ascend

PYA Healthcare Blog

PYA Thought Leadership Services

The Healthcare Loop