Nonprofit
Maine charity director gets 2.5 years for $1M embezzlement
The former head of a York County nonprofit organization was sentenced to two and a half years in prison Tuesday for embezzling approximately $1 million from the organization to spend on his gambling habit.
IRS Admits Targeting Conservative Groups Before 2012 Election
In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.
Tax-exempt organizations face May 15 filing deadline or could lose status
A key deadline of May 15 is facing many tax-exempt organizations that are required by law to file annual reports with the Internal Revenue Service. Organizations will see their federal tax exemptions automatically revoked if they have not filed reports for three consecutive years.
WeiserMazars LLP Selects Ron Ries as Partner of Not-for-Profit Group
Accounting, tax and advisory services firm, WeiserMazars LLP, recently announced it has named Ron Ries as Partner of its Not-for-Profit Group in efforts to strengthen its ties to the nonprofit sector.
Sabella Joins AccuFund as Eastern U.S. Sales Manager
Brings 18-Year Record of Achievements in Sales and Specialization in Software for Non-Profits
Museum director pleads guilty to embezzlement
The former director of the Lewis County Historical Museum in Washington state, who had been accused of draining the museum's endowment fund of nearly a half of a million dollars, pleaded guilty last week to four counts of felony theft as a result of a plea agreement that came more than a year after the complicated embezzlement case began.
Small business disaster loans also available to private nonprofits in North Carolina
The U.S. Small Business Administration has announced that some private non-profit organizations in North Carolina that do not provide critical services of a governmental nature may be eligible to apply for low interest rate disaster loans.
Philadelphia considering taxing city nonprofits
Cash-hungry cities nationwide, many of them in the Northeast, are increasingly turning to the expanding nonprofit sector to help pay for city services.