Nearly 250 nonprofits in Utah provide contractual services to 21 state agencies. A study by the Utah Nonprofit Association found that in 1995, the top five nonprofit categories by economic impact were individual and family services, medical facilities, civic/social groups, schools, and entertainment/recreational groups. The majority of Utah's nonprofits are small but account for most of the sector's assets and growth. The study aimed to analyze the scope and economic contribution of Utah's large nonprofit sector.
Economists See Clouds in the Silver LiningYardi Matrix
Download the full report: https://goo.gl/5jwDS5
At a time when optimism is rampant in the real estate industry, and the stock market is near all-time highs after a massive run-up, economists lived up to their billing as dismal scientists at the National Association of Business Economists (NABE) annual policy conference in Washington, D.C., last week.
Although the immediate state of the economy is healthy, economists lamented the country’s long-term fiscal situation, recently made worse by the tax reform passed by Congress. They were also pessimistic about the prospects for policy solutions, which include prudent immigration reform and fewer—not more—restrictions on global trade, given the growing populism that is producing an electorate with increasingly polarized views in the U.S. and Europe.
“I’m concerned that the political system has not come to grips with sensible fiscal policy,” said Alice Rivlin, a senior fellow at the Brookings Institution and former vice chair of the Federal Reserve and director of the White House Office of Management and Budget.
Rich States, Poor States Rankings, 9th EditionALEC
The 2016 state economic rankings for the ninth edition of Rich States, Poor States from the American Legislative Exchange Council (ALEC) track economic trends across the country.
For more information, visit alec.org
6th Edition, www.alec.org/rsps
By Arthur B. Laffer, Stephen Moore and Jonathan Williams
All across the nation, states are looking for ways to boost their economies and become more economically competitive. Each state confronts this task with a set of policy decisions unique to their own situation. However, not all state policies lead to economic prosperity and while some states achieve economic prosperity, others continue to struggle in their efforts to revive their economies.
Fortunately, the United States, with its “50 laboratories of democracy,” provides us with empirical evidence to track exactly which policies lead to economic prosperity and which fail to deliver. Rich States, Poor States is an annual economic competiveness study authored by Dr. Arthur Laffer, Stephen Moore of the Wall Street Journal, and Jonathan Williams, Director of the Tax and Fiscal Policy Task Force at the American Legislative Exchange Council.
Armed with years of economic data and empirical evidence from each state, the authors identify which policies can truly lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy. The economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to mean greater economic success.
In this edition, we explore how foreign companies can make direct listings in USA public markets. Many chinese companies have already taken advantage of this legal figure. Perhaps it is time to see more Latin American business venturing in the same direction. The strength and depth of the US public markets represent a very interesting alternative for premium businesses from around the world.
Additionally, you will find our usual analysis of Key Economic Indicators from the region. Below you will see some highlights.
At Nuricumbo + Partners, we are ready to discuss about your projects and explore how we can support your business activities in Mexico and the rest of the Americas.
United Way\'s Center for Nonprofits created a presentation about upcoming trends in 2011 for which nonprofits need to be on the lookout. These trends can dramatically affect an organization\'s funding and business practices. All information contained in this report was based on research that includes sources such as the Pew Report, the Nonprofit Times, and the Journal for Nonprofits.
Citizens United Is Unconstitutional - Restore Democracy to The PeopleLinda Sturgeon
Visit http://americansforamendment.org/ for more information.
We are not affiliated with MTA, but, this quote is most applicable from https://movetoamend.org/voters-both-parties-object-supreme-court-activism "We’re fed up with the influence of Big Money in our political system. “If anything can unite Americans across party and ideological lines, it should be the arrogant and unprecedented Supreme Court ruling [Citizens United] that corporations [including unions, associations, and other entities] are “persons” with all the protections and rights of the Constitution. In a case trumped up by the court itself, five activist judges reversed 100 years of precedent to allow unlimited, special-interest money to be spent in our local, state and federal elections. Corporations [and other entities] are now free to spend unlimited money on behalf of a candidate they favor, or against one they wish to silence. No grassroots organization will ever be likely to raise enough money for their candidate to compete on a level playing field. Put simply in a New York Times headline, the story comes down to, “Lobbies’ New Power: Cross Us and Our Cash Will Bury You.” As moderate Washington Post columnist E.J. Dionne, Jr. wrote, “The only proper response to this distortion of our political system by ideologically driven justices is a popular revolt.”The choice is simple. Will government answer to the people, or serve special interests? Will elections be an opportunity for the people to speak powerfully to their government, or will elections become competitions among corporate powers, unions and giant foundations to serve their own interests? And what if corporate interests are tied to an unfriendly foreign power? It is difficult to imagine how our democracy would be strengthened by a large infusion of cash into our political process from such governments as Russia, China or Saudi Arabia. Most outrage at this attack on democracy focuses on national politics. However, the ruling also nullifies protections against corporate domination of elections in the 23 states, including Colorado, that model their laws on the federal Constitution.”
In 2014 the U.S. Senate Committee on Environment & Public Works published the results of an investigation into how the EPA and other agencies are being influenced by big money in the Big Green movement. The report is titled "The Chain of Environmental Command: How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama's EPA". This is the full report that names names and connects the dots between billionaires and undue influence over environmental policy.
Economists See Clouds in the Silver LiningYardi Matrix
Download the full report: https://goo.gl/5jwDS5
At a time when optimism is rampant in the real estate industry, and the stock market is near all-time highs after a massive run-up, economists lived up to their billing as dismal scientists at the National Association of Business Economists (NABE) annual policy conference in Washington, D.C., last week.
Although the immediate state of the economy is healthy, economists lamented the country’s long-term fiscal situation, recently made worse by the tax reform passed by Congress. They were also pessimistic about the prospects for policy solutions, which include prudent immigration reform and fewer—not more—restrictions on global trade, given the growing populism that is producing an electorate with increasingly polarized views in the U.S. and Europe.
“I’m concerned that the political system has not come to grips with sensible fiscal policy,” said Alice Rivlin, a senior fellow at the Brookings Institution and former vice chair of the Federal Reserve and director of the White House Office of Management and Budget.
Rich States, Poor States Rankings, 9th EditionALEC
The 2016 state economic rankings for the ninth edition of Rich States, Poor States from the American Legislative Exchange Council (ALEC) track economic trends across the country.
For more information, visit alec.org
6th Edition, www.alec.org/rsps
By Arthur B. Laffer, Stephen Moore and Jonathan Williams
All across the nation, states are looking for ways to boost their economies and become more economically competitive. Each state confronts this task with a set of policy decisions unique to their own situation. However, not all state policies lead to economic prosperity and while some states achieve economic prosperity, others continue to struggle in their efforts to revive their economies.
Fortunately, the United States, with its “50 laboratories of democracy,” provides us with empirical evidence to track exactly which policies lead to economic prosperity and which fail to deliver. Rich States, Poor States is an annual economic competiveness study authored by Dr. Arthur Laffer, Stephen Moore of the Wall Street Journal, and Jonathan Williams, Director of the Tax and Fiscal Policy Task Force at the American Legislative Exchange Council.
Armed with years of economic data and empirical evidence from each state, the authors identify which policies can truly lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy. The economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to mean greater economic success.
In this edition, we explore how foreign companies can make direct listings in USA public markets. Many chinese companies have already taken advantage of this legal figure. Perhaps it is time to see more Latin American business venturing in the same direction. The strength and depth of the US public markets represent a very interesting alternative for premium businesses from around the world.
Additionally, you will find our usual analysis of Key Economic Indicators from the region. Below you will see some highlights.
At Nuricumbo + Partners, we are ready to discuss about your projects and explore how we can support your business activities in Mexico and the rest of the Americas.
United Way\'s Center for Nonprofits created a presentation about upcoming trends in 2011 for which nonprofits need to be on the lookout. These trends can dramatically affect an organization\'s funding and business practices. All information contained in this report was based on research that includes sources such as the Pew Report, the Nonprofit Times, and the Journal for Nonprofits.
Citizens United Is Unconstitutional - Restore Democracy to The PeopleLinda Sturgeon
Visit http://americansforamendment.org/ for more information.
We are not affiliated with MTA, but, this quote is most applicable from https://movetoamend.org/voters-both-parties-object-supreme-court-activism "We’re fed up with the influence of Big Money in our political system. “If anything can unite Americans across party and ideological lines, it should be the arrogant and unprecedented Supreme Court ruling [Citizens United] that corporations [including unions, associations, and other entities] are “persons” with all the protections and rights of the Constitution. In a case trumped up by the court itself, five activist judges reversed 100 years of precedent to allow unlimited, special-interest money to be spent in our local, state and federal elections. Corporations [and other entities] are now free to spend unlimited money on behalf of a candidate they favor, or against one they wish to silence. No grassroots organization will ever be likely to raise enough money for their candidate to compete on a level playing field. Put simply in a New York Times headline, the story comes down to, “Lobbies’ New Power: Cross Us and Our Cash Will Bury You.” As moderate Washington Post columnist E.J. Dionne, Jr. wrote, “The only proper response to this distortion of our political system by ideologically driven justices is a popular revolt.”The choice is simple. Will government answer to the people, or serve special interests? Will elections be an opportunity for the people to speak powerfully to their government, or will elections become competitions among corporate powers, unions and giant foundations to serve their own interests? And what if corporate interests are tied to an unfriendly foreign power? It is difficult to imagine how our democracy would be strengthened by a large infusion of cash into our political process from such governments as Russia, China or Saudi Arabia. Most outrage at this attack on democracy focuses on national politics. However, the ruling also nullifies protections against corporate domination of elections in the 23 states, including Colorado, that model their laws on the federal Constitution.”
In 2014 the U.S. Senate Committee on Environment & Public Works published the results of an investigation into how the EPA and other agencies are being influenced by big money in the Big Green movement. The report is titled "The Chain of Environmental Command: How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama's EPA". This is the full report that names names and connects the dots between billionaires and undue influence over environmental policy.
Sympathy for the cancer fighter’s in los angelesseoworld77
Connect4Cancer, a cancer awareness charity in Los Angeles, California provides ... women face especially in dealing with breast cancer and ovarian cancer.
1Ethics and the Nonprofit March 2013Ethics and the NonprofAnastaciaShadelb
1Ethics and the Nonprofit March 2013
Ethics and the Nonprofit
March 2013
Table of ContentsEthics and the Nonprofit March 2013
Contents
Introduction .................................................................... 1
Protecting the Most Important Asset of a Nonprofit ........ 3
The Code of Ethics .......................................................... 4
Implementation and Operation of Codes of Ethics ......... 7
Specific Ethical Issues in Tax Policy for Exempt
Nonprofits .................................................................... 8
Conclusion .................................................................... 10
Authors
Toni Boucher
Director
Commonfund Institute
15 Old Danbury Road
Wilton, CT 06897
[email protected]
Stephen Hudspeth
Visiting Clinical Lecturer in Law
Yale Law School
P.O. Box 208215
New Haven, CT 06520
[email protected]
About Commonfund Institute
Commonfund Institute houses the education and research
activities of Commonfund and provides the entire commu-
nity of long-term investors with investment information and
professional development programs. Commonfund Institute
is dedicated to the advancement of investment knowledge and
the promotion of best practices in financial management. In
addition to teaming with NACUBO to produce the NCSE,
Commonfund Institute provides a wide variety of resources,
including conferences, seminars and roundtables on topics
such as endowments and treasury management; proprietary
and third-party research and publications, including the
Higher Education Price Index (HEPI); and events such as the
annual Commonfund Forum and Commonfund Endowment
Institute.
1Ethics and the Nonprofit March 2013
Other
Nonprofit
Organizations
29%
Public
Charities
8%
Private
Foundations
64%
Other
Nonprofit
Organizations
41%
Private
Foundations
53%
Public
Charities
7%
1999
1.3 Million Nonprofits
(Allocation by Type)
2009
1.6 Million Nonprofits
(Allocation by Type)
5.5% 9.2%
0%
50%
100%
GDP by Sector Wages and Salaries
by Sector
Nonprofits All Other Sectors
Summary
The American nonprofit sector is large, effective and influen-
tial, but with influence comes responsibility. Ethical lapses,
whether real or perceived, can draw the attention of regula-
tors and the public, leading to financial and reputational
damage that can impair an organization’s ability to carry out
its mission. Written ethics and compliance policies, when
consistently followed, can provide a first line of defense. This
paper, written for nonprofit trustees and staff, outlines the
major ethical issues facing U.S. nonprofits and describes policy
norms and governance mechanisms designed to address them.
It reviews the topics that a code of ethics should cover, includ-
ing compensation, conflicts of interest, financial controls and
disclosure. Compliance with applicable laws and regulations
is an area of particular focus. The paper closes by describing
the governance ...
Senator grassley-s-report-on-the-red-cross-juneMSL Médias
Haïti 19 juin (EHN) Le Sénateur américain Charles Ernest Grassley, a présenté le 16 juin dernier un rapport accablant sur la mauvaise gestion de la Croix Rouge américaine en Haïti
Enquête du Sénat Américain sur la Corruption de la Croix Rouge en HaitiStanleylucas
Le Sénateur Charles Grassley a mene une enquête sur USD$560 millions collectes par la Croix Rouge des Etats Unis pour venir en aide aux victimes du tremblement de terre du 12 Janvier 2010. En plus de la corruption parce que la Croix Rouge a tout fait pour ne pas donner les informations, le Senat des Etats Unis a trouve que 25% de ces fonds étaient purement des dépenses internes de l'organisation. En plus quand l'organisation donnait des fonds a une autre ONG, cet ONG prenait 11% additionnel pour leurs dépenses internes. Au départ 36% disparaissait. Il y a plein d'autres opérations de combines qui fait que l'argent n'a pas été dépensé en faveur des victimes. C'est seulement 6 maisons qui ont été construites. Ils ont essaye d'assimiler la construction de maison a un séminaire qu'ils ont organise. En lisant le rapport on découvre que les gens qui seraient les fonds d'Haiti sont malhonnêtes. Bonne Lecture!
Illegal immigration costs the taxpayers of California - which has th.docxrochellscroop
Illegal immigration costs the taxpayers of California - which has the highest number of illegal aliens nationwide - $10.5 billion a year for education, health care and incarceration, according to a study released yesterday.
A key finding of the report by the Federation for American Immigration Reform (FAIR) said the state's already struggling kindergarten-through-12th-grade education system spends $7.7 billion a year on children of illegal aliens, who constitute 15 percent of the student body.
The report also said the incarceration of convicted illegal aliens in state prisons and jails and uncompensated medical outlays for health care provided to illegal aliens each amounted to about $1.4 billion annually. The incarceration costs did not include judicial expenditures or the monetary costs of the crimes committed by illegal aliens that led to their incarceration.
"California's addiction to 'cheap' illegal-alien labor is bankrupting the state and posing enormous burdens on the state's shrinking middle-class tax base," said FAIR President Dan Stein.
"Most Californians, who have seen their taxes increase while public services deteriorate, already know the impact that mass illegal immigration is having on their communities, but even they may be shocked when they learn just how much of a drain illegal immigration has become," he said.
California is estimated to be home to nearly 3 million illegal aliens.
Mr. Stein noted that state and local taxes paid by the unauthorized immigrant population go toward offsetting these costs, but do not match expenses. The total of such payments was estimated in the report to be about $1.6 billion per year.
He also said the total cost of illegal immigration to the state's taxpayers would be considerably higher if other cost areas, such as special English instruction, school meal programs or welfare benefits for American workers displaced by illegal-alien workers were added into the equation.
Gerardo Gonzalez, director of the National Latino Research Center at California State at San Marcos, which compiles data on Hispanics, was critical of FAIR's report yesterday. He said FAIR's estimates did not measure some of the contributions that illegal aliens make to the state's economy.
"Beyond taxes, these workers' production and spending contribute to California's economy, especially the agricultural sector," he said, adding that both legal and illegal aliens are the "backbone" of the state's $28 billion-a-year agricultural industry.
In August, a similar study by the Center for Immigration Studies in Washington, said U.S. households headed by illegal aliens used $26.3 billion in government services during 2002, but paid $16 billion in taxes, an annual cost to taxpayers of $10 billion.
The FAIR report focused on three specific program areas because those were the costs examined by researchers from the Urban Institute in 1994, Mr. Stein said. Looking at the costs of education, health care and incarceration for illegal aliens.
Chris Roush presents "Investigating Private Companies" during the four-day, Reynolds Center webinar, "Investigating Private Companies and Nonprofits."
For more information about free training for business journalists, please visit businessjournalism.org.
Teaching of ethics to students in community colleges, who are largely Millennials, has become critical in view of the widespread lapses in ethical behavior on the part of leaders in government, the corporate world, and among the country’s citizenry in general. As most community college educators belong either to the Silent Generation or are Baby Boomers, the generational as well as the credibility gaps need to be overcome while teaching ethics to the younger Millennials.
Several well-publicized historical episodes of unethical behavior were highlighted, ranging from the 1969 Chappaquiddick incident involving late Senator Edward Kennedy, to the 2015 case of former House Speaker Dennis Hastert; corporate and Wall Street elites, beginning with the 1984 industrial disaster involving Union Carbide, to the colossal Ponzi scheme perpetrated by Bernard Madoff revealed in 2011; and citizenry from different walks of life, such as the misappropriation and frauds involving Medicare, Social Security, Individual Income Tax, and Food Stamps. Discussed was the case of a former president of Montgomery College, removed from office because of excessive spending of college money through falsified expense claims and missing important meetings and events.
The Community Foundation for Palm Beach and Martin Counties, in partnership with Allegany Franciscan Ministries, conducted the 2nd Annual Nonprofit Survey to gather data regarding the needs in the community, the state of nonprofits and how best funders could be of assistance. Respondents were asked about their current challenges, the impact the economic downturn has had on the services they offer and their most pressing funding needs. Here are the overall results. A recording of a webinar that corresponds with this presentation is also available at www.yourcommunityfoundation.org/economy.
1. Lake Times
, Intermountain Commercial
Friday, October 31, 1997 Salt Lake City, Utah $6 single copy
TAX EXEMPTIONS
Nonprofits are not necessarily
nonprofit
Nearly 250 nonprofits provide contractual services to 21 state agencies.
In 1996, about 100 nonprofits reportedly were eligible for state audit
because state agencies contribute the majority of their funding.
Joe Stewart-Mash
coordinator of the project, and Nancy
Hansen of the Internal Revenue Ser-
vice were very interested in this de-
velopment.
According to SUNUP'S interim
first year reportusssl, nearly 8,000
active nonprofits are registered with
the state and almost 6,000 tax-exempt
Utah entities are registered with the
IRS. More than 700 groups are au-
thorized to solicit charitable contri-
butions.
Most of the organizations belong-
ing to and targeted by UNA are
501(3)(c) designated which are clas-
sified by the IRS as charitable, edu-
cational, literary, cruelty prevention
for animals and children, religious
and scientific, and other. Of the 1994
Utah 5,879 tax exempt nonprofits,
3,423 are 50l(c)(3)'s. The SUNUP in-
cludes other categories in order to
get a more complete picture of the
total nonprofit segment
The majority, 262, of those listed
as charitable organizations list their
"activity" as gifts, grants and loans to
other organizations. Nearly 250
nonprofits provide contractual ser-
vices to 21 state agencies. In 1996,
about 100nonprofits reportedly were
eligible for a state audit because state
agencies contribute the majority of
their funding. "The state Auditor is
supportive of SUNUP in part because
of the possibility of turning up po-
tential customers to serve under the
aforementioned federal audit re-
quirement" states the report.
The state agencies, as listed on an
Oct. 1990 vendor report, who did the
most business through vending con-
tracts with nonprofits are: Commu-
nity and Economic Development's
Continued on page A22
ATUS
al
I
lent
[)t
~ct
: and Ken-
were em-
provide se-
:enance for
Nhite River
ah County,
railer they
led for stor-
of personal
ongings.
:y also
ed mari-
ra in the
t.
'hat sum-
,somestate
onalGuard
onnel, un-
state or-
,and other
~ and fed-
entities en-
ed in Op-
ion Green-
, a mari-
ta eradica-
program.
/raided the
tchings'
andfound
so quickly
vas secure.
icked" the
edasearch
rd, includ-
was prop~
cation was
l4whereas
Thesearch
edguiltyto
ppeal the
onstosup-
page A25
U
.S. nonprofits number more
than one million and con-
tribute almost $500 billion
annually to the U.S.
economy. According to Independent
Sector in Sales & Marketing Manage-
ment, 48.8% of the U.S. population
volunteer time and 68.5% contribute
money to charitable causes.
Roz McGee, president of the Utah
Nonprofit Association board, reports
the first ever study on Utah's
non pro fits' economic impact will be
presented at the UNA conference
November 6. It will be made avail-
able to the public in December. Part
of the economic report was given to
the Record in advance of publica-
tion.
McGee said the study was quite a
challenge, more work than antici-
pated but what they learned was
more than they expected.
In 1990,the UNAwas formed "by,
and for, people who want a better,
stronger, more professional not-for-
profit community in Utah."
The 120 member UNA, located at
the University of Utah, works in con-
junction with the Junior League, the
U of U Center for Public Policy and
Administration, the Utah Depart-
ment of Commerce and the Utah
Dept. of Community and Economic
Development among others.
The UNA instituted a three-year
program to analyze the scope of the
Utah nonprofit sector. Launched
April 1, 1996, it is called the State of
Utah Nonprofit Understanding
Project (SUNUP).
The scheduled three, now four,
year plan is to construct a directory
database of nonprofit organizations,
gauge the demographics, economic
impact and social contribution of
Utah nonprofits, look at how public
policy impacts nonprofit organiza-
tions, and find ways to expand the
capacity of nonprofits.
What was not covered are the im-
pacts of property and sales tax ex-
emptions. The Utah State Tax Com-
mission, the Salt Lake County
Auditor's office, the Utah Founda-
tion, the Utah State Taxpayer's Asso-
ciation and the Utah Atheists were
all contacted regarding the property
tax issue and none knew of any study
that could put verifiable numbers to
it
Nonprofits are charged with tak-
ing up the slack from government
reductions by creating partnerships
health care organizations, arts, com-
munity and trade groups.
This sector of the economy is
growing faster than private and gov-
ernment sectors. U.S. nonprofits'
employment grew 63% while private
business grew 31% and government
employment increased 27% from
1977-90.
Utah's first nonprofit, incorpo-
rated in 1868, was a religious corpo-
ration. More than 70% of Utah's
non profits were formed in the last 20
years and 641 new nonprofits incor-
porated in 1996.
Two nonprofits, Best Friends, a
Kanab-based animal sanctuary, and
the National Association of Certified
Valuation Analysts (NACVA1, Salt
The state agencies ... who did the most business
through vending contracts with nonprofits are:
Community and Economic Development's 90
contracts worth $2.9 million, the Public Service
Commission's $2. 7 million contract with the
.Utah Association for the Deaf for the deaf relay.
with private industry and govern-
ment to underwrite and utilize re-
sources to meet community needs.
Nonprofit organizations, a.k.a.
not-for-profit, independent, philan-
thropic, voluntary, social or third sec-
tor, have been defined as corpora-
tions formed for a purpose other than
to generate a profit. Nonprofits in-
clude religious groups, schools,
Lake City, were named to the Utah
100, the fastest growing companies
in the state, October 22. The
MountainWest Venture Group's
ranking is based on voluntarily sub-
mitted Utah-based corporations' rev-
enue growth figures from 1992-96.
Corporations must have minimum
sales of $25,000 to be considered.
Both Steve Klass of Klass Strategies,
Volume 40 Number 45
INSIDE
Under Analysis A2 Utah Technology A24
2. The Intermountain Commercial Record & Salt Lake TimesA-22/ Friday, October 31,1997
Nonprofits are not necessarily nonprofitContinued from page A1
90contracts worth $2.9million, the Public Ser-
vice Commission's $2.7 million contract with
the Utah Association for the Deaffor the deaf
relay, (known byconsumers as the TDD charge
on a phone bill).These are both dwarfed by the
Corrections Division's 18contracts totaling $7.6
million.
The Utah Division of Corporations assigns
the U.S. Department of Labor's Standard In-
dustrial Code::(SIC) to nonprofits when they
apply for incorporation. The majority of Utah
nonprofits, 1,412,are given the "Miscellaneous"
(8600or 8900 series) designation. This is prob-
lematic according to SUNUP because it does
not give a true picture of what exactly those
organizations do and recommend the Div. of
Corp. use either the IRS classification system
or federal IDnumbers. ACommunity and Eco-
nomic Development researcher concurs, "They
are supposed to be cleaning up their act," he
said referring to the Div. of Corp.'s code as-
signments.
Apresumption made by SUNUP collabora-
tors was that human services would be the
biggest factor in overall impact according to
Klass.They were partially correct.
In 1995, the top five nonprofit categories
with the "greatest economic magnitude" were
individual and family services, including child
care, with a payroll of$I1.7 million and 3,323
workers in 182firms. Second, was medical fa-
cilities and home health care services, payroll
was $10.3million with 2,202workers in33firms.
Third, was civic, social, professional and reli-
gious with a $6.7 million payroll, 1,599workers
in 235firms. Fourth, was schools with $5.3mil-
lion in wages, 1,186people in 55 "firms." Fifth
was entertainment, membership sports and
recreational with $4.4million and 944workers
in 41 firms.
The IRStax code lists more than 25 classifi-
cations of businesses eligible for federal tax
exemption. "Wedon't use the word nonprofit"
stated Hansen who said the correct term is tax
exempt.
Religious organizations' numbers are not
necessarily included in IRS statistics because
they are exempt from paying federal income
tax and are not required to obtain 50l(c)(3)
designation or to file Form 990's Hansen con-
firmed. She said some of SUNUP's numbers
could be disputed because they're not getting
.all the information from churches, universities
and other organizations.
In 1996,most ofUtah's nonprofits are small,
but account for the bulkofassets and increases,
62% of 1,114 the nonprofits reporting income
to the IRShad incomes of less than $250,000.
Fifteen percent, 168 entities, had income
greater than $1 million which is 93% of total
reported income.
In 1994,total tax exempt organizations' as-
sets exceeded $6.2 billion, 42% held by chari-
table organizations and 42% by credit unions.
Total income was more than $3.4 billion, 64%
from charitable organizations and 21% from
voluntary employees' beneficiary associations
(VEBA).
The most cognizant explanation of VEBA
comes from Ron Snyder, attorney and actuary
with Benefit Strategies Group. It is a 50l(c)(9)
tax exempt trust set up by unions, other non-
profit groups and private employers to admin-
ister welfare benefits. Snyder said VEBA'sper-
ceived impact is due to First Health, the largest
third party administrator of benefits, who sets
up trusts here in Utah, its headquarters, rather
than the states where its client companies are.
The top three 1996tax exempt categories by
assets and income are: 107 state chartered
credit unions and mutual reserve funds with
assets of $3.4 billion and income of $284 mil-
lion. Second largest is religious, education,
charitable, scientific or literary organizations
numbering 3,650, with total assets of $2.9 bil-
lion, and income of $2.6 billion. Third is VEBA
with 96 reporting entities, assets of $415 mil-
lion, and income of $690 million. Concerning
types of nonprofits, Utah leads the mountain
west in arts and culture and falls behind in
religious. Utah has almost double the number
of environmental and animal charities than
the U.S. average.
The top five 50l(c)(3) organizations by in-
come are: IHC Health Services, Inc., $1.3 bil-
lion, IHC Health Plans Inc., $197 million,
George S.Eccles and Delores Dore EcclesFoun-
dation, $169 million, Sisters of the Holy Cross
Hospital Association $61 million, and Valley
Mental Health Inc., $50 million.
Not all 50l(3)(c) organizations remain ac-
tive. Klass explained that once you've obtained
the classification, you have to request an offi-
cial IRS form and submit it to be unclassified.
Few do that. Or you can lose the designation
by being under investigation for violating the
tax exempt status.
Not surprising, most nonprofits operate in
the greater Salt Lake City area.
The majority of non profits who responded
to the Utah Nonprofits Directory questionnaire
listed their "activities" as: 1)education, 2) chil-
dren and youth services, and 3) social services.
"This study may be raising more questions
than it answers," said Klass when asked by the
Record/Times some specific questions about
the data that he could not answer.
The bulk of the data gathered by SUNUP
came from the Utah Division of Corporations
and IRS Form 990's. A questionnaire was sent
directly to Utah nonprofits and those results
are also included.
The directory and related materials will be
made available to the public and can be pur-
chased from UNA, U of U Annex Bldg. #2120,
Salt Lake City, Utah, 84112. Telephone
801.485.9146.
, IRS reform bill offers I Passing on the family