Aging services providers with tax-exempt status must comply with a complex set of laws and regulations governing their care delivery and business operations. Ensuring compliance with these rules is more critical than ever, as mistakes can cost a provider its entire operation. This session will explore some of the most common tax-exempt-status mistakes made by nonprofit aging services organizations and share strategies for limiting the liability exposure associated with those errors. Presenters will identify common mistakes related to bylaws and governance, explain how to use donor-designated and board-restricted funds appropriately, and explore how to maximize distributions from alternative funding sources like investments and trusts. Get tips for organizing your operations, governance structures, and insurance coverage to minimize liability exposure and satisfy public-support assessments.

Please note there is a cost to attend.