What’s the difference between 501(c)(3)s, 501(c)(4)s, and Political Action Committees?
501(c)(3)s are organizations with a primary charitable mission that are exempt from corporate income taxes. 501(c)(3)s cannot endorse or contribute to candidates for public office.
S.7505/A.9505 – Governor’s FY21 Public Protection & Good Government Article VII Legislation, Part UU
Position: Oppose
Date: February 20, 2020
Our organizations oppose Part UU because sections 1 and 5 would unwisely and unconstitutionally violate the longstanding confidentiality of donors to tax exempt charities, section 1-a would impose a redundant reporting requirement on certain tax exempt charities, and section 2 would tinker with a law that has already been ruled unconstitutional and would remain unconstitutional despite the amendments.
Federal
IRS guidance on reclaiming transportation UBIT taxes paid
On January 21st, the IRS issued guidance designed to help nonprofits quickly get back the money they paid in 2018 and 2019 on the now-repealed tax on nonprofit transportation benefits: How To Claim a Refund or Credit of Unrelated Business Income Tax (UBIT) or adjust Form 990-T for Qualified Transportation Fringe Amounts.
Updated Research on the State of the Sector
In partnership with Baruch College’s Center for Nonprofit Strategy & Management (CNSM), SeaChange Capital Partners, and Funders for LGBTQ Issues, on February 6th, 2020, Nonprofit New York presented research on the current status of the nonprofit sector in New York City during a Policy Research Forum.
By Melkis Alvarez-Baez, Acting President, Nonprofit New York
The number one question we get at Nonprofit New York is “I want to start a nonprofit - what do I need to do?” There’s a reason why “So you want to start a nonprofit?” is one of our often-trending resources.
Founded in 2010, Green City Challenge has unique experience providing environmental education at businesses, schools and public events throughout New York City. This organization provides educational events that connect directly with students about sustainability through fun and engaging programming targeted at middle schools in the Manhattan and Bronx area.
CAN: Campaign to Advance Nonprofits
Nonprofit New York’s Public Policy Platform
Nonprofit New York is thrilled to launch our overarching policy campaign, CAN: the Campaign to Advance Nonprofits. CAN is Nonprofit New York’s public policy* agenda, based on our Declaration of Nonprofit Rights.
Federal
Repeal of Nonprofit Transportation Tax! The Senate voted to approve two spending bills: 1) the Consolidated Appropriations Act, H.R. 1158, (which funds the Departments of Commerce, Defense, Homeland Security, Justice, Treasury, and general government operations at $860 billion), and 2) the Further Consolidated Appropriations Act, H.R. 1865, which, as amended, repeals the 21% tax on nonprofit transportation benefits.
Membership Manager Taina Sanon spoke with Richard Souto, Executive Director of LEAP, a member organization of Nonprofit New York. Nonprofit New York will continue to highlight the work of our members, LEAP, because we believe when your nonprofit is stronger, all of us are stronger.
Whether you’re a large organization with a storied legacy or a small nonprofit building your base, Nonprofit New York’s Nonprofit Excellence Awards are designed to help you reach your full potential. And our Best Nonprofit Conference--the culminating event for the year-long Awards process--is an opportunity for all of us to learn from and aspire to the best management practices of exceptional organizations.