2 Tools to Help Non Profits Comply with the Revitalization Act

March 17, 2016 | Authored by Dopkins Not-for-Profit Team

March 17, 2016 – The Nonprofit Revitalization Act of 2013 (the Act) was passed into law and became effective July 1, 2014. Perhaps your nonprofit organization is still working on initial compliance with the new law, or you are simply looking for a way to document your annual compliance. Maybe you are a new Audit Committee or Board member, and are looking for assistance in developing good policies and procedures to ensure you are fulfilling your fiduciary responsibilities to the organization you serve. To enhance compliance with the Act, during 2015 the Charities Bureau of the Attorney General’s Office (the AG) issued guidance to help not-for-profit organizations comply with various aspects of the Act. You can read the guidance at https://charitiesnys.com/nonprofit_rev_act_guidance.jsp.

 

About the Author

Dopkins Not-for-Profit Team

Dopkins has extensive experience with the accounting, reporting, regulatory, operational and tax aspects of not-for-profit organizations. For more information, contact Karen Costa at kcosta@dopkins.com or Nicholas Fiume at nfiume@dopkins.com.

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