Nonprofit Law and Governance For Dummies by Jill Gilbert Welytok (PDF)

Description

As the number and size of nonprofit organizations continues to grow, NFPs are coming under ever-increasing government scrutiny. Soon Congress will require that nonprofits comply with rigorous accounting and governance standards very similar to those set forth for for-profits in the Sarbanes-Oxley Act. If you work for a nonprofit and are concerned about meeting impending changes to tax and finance standards governing NFPs this book is for you. In simple, straight-forward language, this guide demystifies the often perplexing world of nonprofit governance in the age of Sarbanes-Oxley. Author, Jill Gilbert Welytok, an attorney who heads the Sarbanes-Oxley division of a major Midwest law firm, walks you step-by-step through the process of evaluating your governance structures. She arms you with tips and strategies for adopting uniform standards under current governance and tax laws, while preparing you for any upcoming changes. She shows you how to protect your tax status and reassure donors and volunteers while staying true to your organization’s mission. And she fills you in on what you need to know to:Comply with state laws and regulationsGet and keep tax–exempt statusAvoid lawsuits and other legal landminesHandle the mediaAnticipate future trendsMake sense of the Sarbanes–Oxley actIncluding sample nonprofit bylaws and a complete audit committee report, Nonprofit Law & Governance for Dummies, Second Edition is an indispensable survival tool for 21st century nonprofits.

User’s Reviews

Editorial Reviews: From the Inside Flap Includes sample nonprofit bylaws and audit committee reportEvaluate your governance structures and take the necessary steps to improve themWork for a nonprofit? Worried about meeting impending tax and finance standards? Have no fear — this friendly guide demystifies the process, giving you tips and strategies for adopting uniform standards under current governance and tax laws. You’ll see how to protect your tax status and reassure donors and volunteers while staying true to your organization’s mission.Comply with state laws and regulationsGet and keep tax-exempt statusAvoid lawsuits and other legal landminesHandle the mediaAnticipate future trendsUnderstand the Sarbanes-Oxley act From the Back Cover Includes sample nonprofit bylaws and audit committee reportEvaluate your governance structures and take the necessary steps to improve themWork for a nonprofit? Worried about meeting impending tax and finance standards? Have no fear — this friendly guide demystifies the process, giving you tips and strategies for adopting uniform standards under current governance and tax laws. You’ll see how to protect your tax status and reassure donors and volunteers while staying true to your organization’s mission.Comply with state laws and regulationsGet and keep tax-exempt statusAvoid lawsuits and other legal landminesHandle the mediaAnticipate future trendsUnderstand the Sarbanes-Oxley act About the Author Jill Gilbert Welytok, JD, CPA, LLM, practices in the areas of corporate law, nonprofit law, and intellectual property. She is the founder of Absolute Technology Law Group, LLC (www.abtechlaw.com). She went to law school at DePaul University in Chicago, where she was on the Law Review, and picked up a Masters Degree in Computer Science from Marquette University in Wisconsin where she now lives. Ms. Welytok also has an LLM in Taxation from DePaul. She was formerly a tax consultant with the predecessor firm to Ernst & Young. She frequently speaks on nonprofit, corporate governance–taxation issues and will probably come to speak to your company or organization if you invite her. You may e-mail her with questions you have about Sarbanes-Oxley or anything else in this book at jwelytok@abtechlaw.com. You can find updates to this book and ongoing information about SOX developments at the author’s website located at www.abtechlaw.com. Daniel S. Welytok, JD, LLM, is a partner in the business practice group of Whyte Hirschboeck Dudek S.C., where he concentrates in the areas of taxation and business law. Dan advises clients on strategic planning, federal and state tax issues, transactional matters, and employee benefits. He represents clients before the IRS and state taxing authorities concerning audits, tax controversies, and offers in compromise. He has served in various leadership roles in the American Bar Association and as Great Lakes Area liaison with the IRS. He can be reached at dsw@whdlaw.com. Read more

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐Delivered super fast and in great condition!

⭐A very helpful book for anyone starting, operating, or directing a small nonprofit. It covers some material (e.g., SOX compliance, foundation structure) which I suspect would only be useful to people who are more likely to hire a lawyer than read a For Dummies book; however, much of it is quite applicable to small churches, community organizations, or other small-scale operations. Hopefully the executive director of the American Red Cross has moved on to more advanced texts.Broadly, the book deals with two topics: the regulatory interfaces a non-profit must be prepared to navigate and how a non-profit should be structured from the standpoint of strategic management. If you are starting from near-zero knowledge of these two topics, you will end up feeling much better prepared when you’re done.My primary interest in reading the book was to be better informed about a professional association I have recently become involved with. Most of the book–and indeed, most of the non-profit sector–is geared toward traditional charitable organizations, but it does go to lengths to explain the differences between the different kinds of of non-profit structures recognized by the IRS. I’m glad to have read it.(Note that I’m neither a tax lawyer nor a CPA, so I only *feel* like I’ve been helped. Still, I trust Wiley to have vetted their authors well.)

⭐Easy to follow and use in meeting

⭐needs lots more detail on board-only NPOs versus membership association NPOs, Namely, membership groups are not run by the board; the board is trumped ALWAYS by member-wide referenda. Review election policy carefully. Elections are NOT “invitation-only” events. You pay dues, you have the right to seek elected office.

⭐This is a pithy overview of the ins and outs of managing a nonprofit. Having recently become with a nonprofit I valued the information provided about legal requirements, the function of the board, and the role of the director.

⭐Great explanations and in-depth detail of the process and many comparisons to consider. This book shows a step by step process for your consideration. It takes the intimidation out of the idea of becoming a Non-Profit organization.

⭐This is a must have period hands down.

⭐Great product at a great price.

Keywords

Free Download Nonprofit Law and Governance For Dummies in PDF format
Nonprofit Law and Governance For Dummies PDF Free Download
Download Nonprofit Law and Governance For Dummies 2007 PDF Free
Nonprofit Law and Governance For Dummies 2007 PDF Free Download
Download Nonprofit Law and Governance For Dummies PDF
Free Download Ebook Nonprofit Law and Governance For Dummies