UBIT: Old and New Traps for the Unwary

UBIT: Old and New Traps for the Unwary

Even if your organization is recognized by the IRS as tax-exempt, it may be subject to the federal unrelated business income tax (UBIT). UBIT typically arises as a consideration for tax-exempt organizations when they turn to revenue generating ventures as a way to...
Sample Due Diligence Checklist

Sample Due Diligence Checklist

Once a Community Action Agency (CAA) has determined that it is interested in pursuing a merger, asset acquisition, shared services, or other affiliation arrangement with another organization, it is time to do the hard work of conducting a due diligence review of that...
Sample Due Diligence Checklist

Sample Shared Services Agreement

This sample shared services agreement is intended to help Community Action Agencies (CAAs) seeking to enter into an arrangement to share administrative personnel and/or facilities and equipment with another organization. CAAs may also seek to share program services,...