Contact Us Follow Us :       | Find Us |
CBIZ & MHM New England

Subscribe to Our Blog

Client Satisfaction Survey Results


Follow Us

3 Ways Not-For-Profit Board Members Can Act as Fiduciaries
Posted by Dyan Reinhold on Mon, Jun 27, 2016 @ 10:43 AM

The concept of a fiduciary often arises in discussions about financial advisors, attorneys, estate executors and scenarios that involve professionals handling financial assets or affairs on behalf of an individual or organization. These professionals are trusted to act in the best interest of the individual or organization. In many situations, such as with fiduciaries of retirement plans, this also means that professional should be taking steps to ensure that applicable regulations are being followed or the fiduciary could be held liable for compliance issues.

Read More

Topics: Dyan Reinhold, non-for-profit, Non-profits, Nonprofit Board, fiduciaries

‘New Markets’ Present Not-For-Profits with Opportunities for New Development
Posted by Steve Dunavant on Thu, Jun 23, 2016 @ 10:18 AM

By Steve Dunavant, Managing Director at CBIZ, Inc. and Jim Lang, Managing Partner at Baynard, McLeod and Lang, P.A.

Not-for-profit organizations that are looking to expand or build programs to support underserved communities may be missing a significant benefit -the New Markets Tax Credit (NMTC).

Designed to stimulate growth and economic development in low-income communities, the NMTC Program provides federal tax credits to encourage capital investment for projects and businesses into these underserved areas. For not-for-profit organizations working in these communities and wishing to expand their mission, the NMTC Program may be useful in leveraging and subsidizing fundraising efforts. The NMTC program often results in 20 to 25 percent net benefit that could be used for an organization’s capital improvements, operating capital or other costs.

Read More

Topics: not-for-profit, NFP, nonprofit, NMTC, New Market Tax Credit

Popular Posts

Browse by Tag

see all