Not-For-Profit Tax Services

All tax-exempt entities, from small operations to large, complex multi-entity organizations, are faced with funding, legislative, regulatory, management and operational issues which can be significantly more complex than their taxable counterparts. The professionals at Blue Consulting Services understand the unique needs and nuances of not-for-profit entities, and offer a wide array of services to ensure your organization is in compliance with these specialized tax laws.

At BCS, the specialty services offered to tax-exempt organization include, but are not limited to, the following:

Tax-Exempt Bond Studies

Once an organization has obtained tax-exempt bond financing, certain items must be monitored to ensure post issuance compliance. Our consultants work with you to understand these requirements and maintain the tax-exempt status of the bond issue.

Unrelated Business Income Analysis

Not all activities of a tax-exempt organization are necessarily related to the organization’s charitable purpose. BCS works with you to determine the activities that may be considered unrelated, and provides solutions to help minimize tax exposure.

Employee Recruiting, Compensation & Benefit Issues

Tax-exempt organizations are consistently under scrutiny from the Internal Revenue Service, Congress and the general public regarding recruiting, compensation and benefit packages offered to their executives and key employees. Our consultants can perform an analysis of the organization’s various compensation and incentive plans to determine if any excess benefits are being conveyed and options available to correct the situation.

Community Health Needs Assessments (CHNA)

The Patient Protection and Affordable Care Act created several new requirements for hospital organizations exempt under Internal Revenue Code section 501(c)(3), one of which is the Community Health Needs Assessment (“CHNA”). BCS will work with your organization to perform or consult on these assessments to ensure your CHNA meets all the reporting requirements.