Nonprofit Legal Compliance Workshop

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Nonprofit Legal Compliance Workshop

September 15, 2021 – 9:30 AM-3:00 PM

$79 for Members/Sustainers, $99 for All Others

Registration is now closed.

 

Charitable nonprofits are required to comply with a wide array of federal and state laws and regulations. During this virtual workshop, nonprofit staff and board members, attorneys, CPAs, and consultants will get a better understanding of the common nonprofit legal compliance policies, rules, and issues that affect nonprofit organizations.

Proudly sponsored by:

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Agenda:

9:30-10:30

A One-Hour Crash Course in Legal Compliance for Nonprofits – Ed Chaney and David Heinen

This session will cover:

  • Nonprofit Governance
    • Articles of incorporation
    • Bylaws
    • Recommended organizational policies
    • Board fiduciary duties
  • Federal tax laws for 501(c)(3)s
    • Form 1023 and Form 990
    • Public charities vs. private foundations/public support tests
    • Private benefit/private inurement/intermediate sanctions
    • Lobbying and nonpartisanship
    • Unrelated business income
  • Charitable solicitation and donor acknowledgment
    • Charitable solicitation licensing in North Carolina
    • Multi-state charitable solicitation filing
    • Solicitation disclosure requirements
    • Donor acknowledgment requirements
  • Audits and financial reviews
    • Federal and state audit requirements
    • Alternative forms of financial reviews for nonprofits
10:45-11:45

Insurance 101 for Nonprofits – Bryan Beasley and Ed Chaney

Insurance policies are some of the most important tools that help nonprofits mitigate legal liability. This session will provide an overview of the variety of insurance available to nonprofit organizations and offer insights into key considerations for nonprofit leaders in deciding what type of insurance coverage is the best fit for their organizations.

 

Keeping Your Nonprofit Out of the News: Compliance Issues that Affect Organizations’ Reputations – David Heinen

Several recent media stories have brought negative attention to nonprofit organizations. In this session, we will discuss the compliance issues that gave rise to each story and ways that nonprofits can mitigate possible reputational harm.

 

Accounting Trends for Nonprofits – Deetra Watson

In this session, we will discuss recent and upcoming changes to accounting guidelines and regulations impacting the nonprofit industry, implications of these new guidelines, and strategies you can use now to help you prepare for what’s to come.    

11:45-12:45

Break

12:45-1:45

Board Governance Best Practices – Deetra Watson

It’s not always easy to know what good governance is – it’s just a feeling when everything is going smoothly with no major issues. It’s much easier to recognize when good governance is lacking. In this session, we will discuss the roles and responsibilities of serving on a nonprofit board and tangible action items to help your board be more effective.

 

COVID-19 Considerations for Nonprofits – David Heinen

With COVID-19 cases rising again in North Carolina, nonprofits continue to deal with a variety of legal and liability issues stemming from the pandemic. This session will address some of the most common questions nonprofit organizations are asking, including: whether to require employees to get COVID-19 vaccinations, and if so, how to implement this requirement; the current state of federal laws related to unemployment insurance, paid-time off benefits, and the Employee Retention Tax Credit; and considerations for nonprofits as they prepare for staff and volunteers to return to in-person work.

 

Legal Ramifications of Creative Fundraising – Ed Chaney

This session will review recent, temporary changes to federal tax law that can help nonprofits increase both their small and large contributions from individual donors. It will also cover types of fundraising options for nonprofits, including commercial co-ventures, donor-advised funds, and corporate sponsorships.

2:00-3:00

(Non)Answers to Nonprofits' Frequently Asked Legal Questions - Ed Chaney, David Heinen, and Deetra Watson

The panelists will address questions participants have had throughout the day (or prior to the workshop). While the presenters cannot provide legal or accounting advice during the session, they will help with issue spotting around a variety of common legal questions facing 501(c)(3) nonprofits.

 

Attorneys can earn 4 hours of CLE credit from the NC State Bar. CPAs can earn 4 hours of CPE credit from the NC State Board of CPA Examiners. Participants must attend live for full credit.

 

Registration is now closed.

 

Schell Bray attorneys at law ad for exempt organizations with three North Carolina law firm offices

 

About the Presenters

Ed Chaney

Ed Chaney is a partner with Schell Bray PLLC, where he advises a broad range of nonprofit organizations on key tax and corporate matters, including organization formation and governance, 501(c)(3) tax exemption and ongoing compliance, charitable giving, program-related and impact investing, and complex organizational structures, transactions, and transitions. He has also counseled various philanthropic clients, including community foundations, small and large private foundations, national donor advised fund sponsors, and university-related foundations. Ed speaks, writes, and teaches frequently on nonprofit and tax-exempt organizations law, and recently served as an adjunct assistant professor at the UNC School of Law where he taught the Law of Nonprofit Organizations. Prior to attending law school, he worked for ten years in the nonprofit sector, serving as a program director, executive director, board member, and board chair. He earned a BA and JD, with honors, from the University of North Carolina. Ed and his family live in Carrboro, and he enjoys photography.

 

David Heinen

David Heinen has been with the North Carolina Center for Nonprofits since 2007, leading the Center’s public policy and advocacy work and providing non-answers (and occasional useful information) about legal compliance, trends in the nonprofit sector, and advocacy to hundreds of nonprofits. Before returning to North Carolina to work for the Center, David spent seven years as an attorney with a Washington, D.C. law firm serving the nonprofit community. He lives in Raleigh with his wife and two young(ish) children.

 

 

David HeinenDeetra Watson is a principal with Blackman & Sloop, CPA’s, P.A. located in Chapel Hill. She has more than 20 years of audit, accounting, tax, and consulting experience, primarily serving not-for-profit organizations and foundations, many of which receive federal and state funding that requires Uniform Guidance and Yellow Book audits. She earned her BS and MS in accounting at the University of North Carolina at Greensboro. Deetra previously worked for an international accounting firm focusing primarily on not-for-profits, colleges, and universities, and then in a corporate accounting for a large not-for-profit organization. She is actively involved in the accounting profession by writing articles and presenting training sessions on numerous topics effecting the not-for-profit community, and serving in various board and committee capacities for the NC Association of CPA's and AICPA. Deetra currently resides in Durham with her sons and volunteers her time and services to small businesses and community organizations.

 

Bryan Beasley

Bryan Beasley is a graduate of Campbell University and after six years with the world’s largest rental car company, he entered the commercial insurance industry working for a national carrier. He joined Senn Dunn in 2007 and has led its practice group dedicated to serving nonprofits since 2009. When Senn Dunn was acquired by Marsh & McLennan Agency in 2013, he began leading MMA’s Nation Non-Profit Vertical. Bryan has board training certification through the Guilford Nonprofit Consortium and has chaired and served on numerous boards in the Triad and Charlotte area. He currently serves on the board of Kids Chance of NC Inc. and on Key Risk’s President Council and Guide One’s Agency Counsel. Within the insurance industry, he served on both Markel and Berkley’s Agency Advisory Board, and as chair of the IIANC Young Agents Committee. His numerous community activities resulted in Bryan being named to the 2013 Triad Business Journal 40 Leaders Under 40 Awards. Outside of the office, Bryan enjoys travelling, playing golf, and spending time with his wife, Erin, and four children, Sadie, Jack, Alex, and Davis.

 

 

Questions about this event? Contact the Center.