A nonprofit designation andtax-exempt statusare given only to organizations that further religious, scientific, charitable, educational, literary, public safety, or cruelty-prevention causes or purposes. Common
1. The employer's obligation relating to employees' rights to receive compensation for future absences is attributable to employee's services already rendered;2. The obligation relates to rights that vest or accumulate;3. Payment of compensation is probable; and 4. The amount can be reasonably ...
Generally, non-profit organizations, like charities and religious organizations, can be granted tax-exempt status by the IRS. To qualify for tax-exempt status, the organization must apply for 501(c) tax exemption. Keep in mind that not all non-profit organizations may qualify for tax-exempt st...
Westman & Associates Consulting, LLC (W&A) is focused on serving associations, foundations, certification entities, and other non-profit organizations.
Non-profit organizations face strict regulations and compliance requirements to ensure that time and money are spent appropriately. My Hours helps nonprofits meet these obligations.
Through assisting health-focused non-profit organizations, such as the Hope for Haiti foundation and local groups such as the Urban Ministries of Wake County, I have viewed the impact of effective non-profit research. As non-profit organizations tackle access to care, high medical costs, and ...
On each of these dates, employees who are paid below these salaries will be eligible for overtime pay. Additionally, there will be an increase in the annual salary threshold for employees who qualify as a Highly Compensated Employee (HCE). Currently, an HCE is exempt from overtime if they ...
When I hear that organizations are behind in thank you letters because they do not have time, I simply shudder. WHAT do you mean, you don’t have time to write a thank you?! What does that say to the team – those that pay our salaries are insignificant. I am so offended when I ...
deducted from employees' salaries. However, the amount of a matching contribution depends on how much money the employee contributes. That's not the case with a nonelective contribution. With a nonelective contribution, the employer contributes to the plan, no matter what the employee contributes....
youth recreation. Unfortunately, funding requests for activities and programs that are not consistent with IPC guidelines will not be granted. Among those are requests for buildings, endowments, employee salaries, political campaigns and activities, religious programs, individuals or fraternal organizations....