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Commentary: The Stakes in Washington For Nonprofits In 2025

The NonProfit Times

trillion fiscal cliff for years, and with most of the election results in, the outlook for tax policy negotiations and how they could impact the nonprofit sector is crystallizing. Congress appears poised to move quickly, which could put the nonprofit sector and its resources at risk. Prominent Washington, D.C.

Taxation 100
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How Nonprofits Can Navigate Political Engagement and Maintain Public Trust

NonProfit Quarterly

Image credit: Elli on Wikimedia Commons On August 28, 2024, the National Religious Broadcasters (NRB), a District of Columbia nonprofit corporation exempt under Section 501c3 of the Internal Revenue Code, along with two churches, filed a lawsuit against the Internal Revenue Service (IRS). See Regan v.

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Drivers Cooperative-Colorado: Building a Social Co-op for Rideshare Drivers

NonProfit Quarterly

In accordance with this model, both workers and the nonprofit I direct, the Rocky Mountain Employee Ownership Center (RMEOC), can become members. Among the many responsibilities that RMEOC, as a nonprofit member, takes on is to raise capital for the cooperative. The theory is good. But how is it implemented?

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How to Restore Community Economies: Reestablishing the Right to Associate

NonProfit Quarterly

They secure a small grant for a feasibility study from a nonprofit and, maybe a year later, obtain a loan from a local credit union to establish a customer-owned cooperative. Our reigning frameworks for taxation and securities don’t enable the kinds of association required. Rather, policy prevents it in often subtle ways.

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Understanding Unrelated Business Income in Nonprofits

The Charity CFO

If you know only one thing about 501(c)(3) nonprofit organizations , you probably know that they don’t pay federal taxes on their income. . However, as detailed in Publication 598 of the Internal Revenue Service, income not directly related to their declared charitable purpose is subject to federal taxation.

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Legislative Update – March 22

MNA Association

Thanks to all who reached out to committee members and the sponsor about SB507, the bill that would have repealed property tax exemption for any nonprofit with UBIT. Congrats you amazing nonprofit rockstars!! We are leaning toward making it as good as it can be for nonprofits but not ready to commit yet. in Senate Taxation.

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BDO’s Rebekuh Eley Appointed to AICPA’s Exempt Organization Taxation Technical Resource Panel

BDO

BDO is pleased to announce that Rebekuh Eley, tax senior director in Chicago and a member of the Nonprofit & Education practice, has been appointed to serve as associate member on the American Institute of Certified Public Accountants (AICPA) Exempt Organization (EO) Taxation Technical Resource Panel (TRP).