Articles

How do we maintain our tax exempt status?

It’s easy for a 501(c)(3) organization to maintain its tax exempt status – and can it be just as easy to lose it. the IRS recognizes private...
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Preparing 990s for Property Tax Exemption

In Minnesota, nonprofits can apply for property tax exemption if they use their real estate for mission delivery. Usually this is a faceless process –...
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Do We Need a Workers’ Comp Policy?

I know, I know, a lot of nonprofits don’t have workers comp. Say you don’t have any employees, only 1099 contractors. Or, everything is run...
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Do We Need Insurance if We Work With Volunteers?

When Tom Wertish (from Novallus Insurance) sat down with me to talk nonprofit insurance, he said this was one of the MOST common questions he gets....
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What Insurance Do We Need For Our Stuff?

Say you've got a building full of office equipment, or you own equipment to vision screenings, or something of that nature. If there's a flood...
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How Do We Know if We Have the Right Insurance?

Here's the thing – I'm a lawyer, not an insurance broker. Meaning that I can help point you in the right direction, but I can't...
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Do We Need General Liability Insurance?

There's a pretty easy answer for this one – YES. According to my friend and insurance broker Tom, basically ALL nonprofits (and for-profits for that...
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What’s an EPLI Policy and Why Do Nonprofits with Staff Need It?

Once a nonprofit hires staff, most people start to think about workers' comp policies. But that's not the ONLY policy you may need. You should...
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What Insurance Do We Need for Driving and Company Cars?

Do you have company cars or staff or volunteers driving during their work for the nonprofit? If yes, it's super important that you have the...
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