Our experienced team of attorneys offers comprehensive assistance and guidance to nonprofit and exempt organizations, helping them navigate the complexities of compliance and governance with confidence and integrity.
Compliance Assessment: We begin by conducting a thorough assessment of the organization’s existing compliance practices and procedures. This includes reviewing governing documents, policies, procedures, and internal controls to identify areas of potential risk and non-compliance with legal and regulatory requirements.
Legal Compliance: We assist organizations in fulfilling their legal and regulatory obligations at the federal, state, and local levels. This includes ensuring compliance with tax-exempt status requirements, charitable solicitation laws, nonprofit corporation laws, and other applicable laws and regulations. We help organizations understand their legal obligations and develop compliance strategies to mitigate risks and ensure ongoing compliance.
Tax Compliance: We provide guidance on tax compliance issues specific to nonprofit and exempt organizations, including filing annual information returns (Form 990), complying with state and federal tax laws, and maintaining tax-exempt status. We assist organizations in navigating complex tax rules and regulations, minimizing tax liabilities, and addressing any tax-related issues that may arise.
Governance Structure: We assist organizations in establishing effective governance structures and policies to promote transparency, accountability, and good governance practices. This includes advising on board composition, director duties, conflicts of interest policies, whistleblower policies, and other governance-related matters. We help organizations develop governance policies and procedures that comply with legal requirements and best practices.
Board Training and Education: We offer training and education programs for board members and key stakeholders to enhance their understanding of their roles and responsibilities in governance and compliance.
Policy Development: We assist organizations in developing and implementing comprehensive policies and procedures to address governance, compliance, and risk management issues. This includes drafting and reviewing bylaws, conflict of interest policies, and other governance-related documents. We ensure that policies are tailored to the organization’s specific needs and comply with legal requirements.
Compliance Monitoring and Enforcement: We help organizations establish processes for monitoring compliance with legal and regulatory requirements and enforcing governance policies and procedures. We provide guidance on corrective actions and enforcement mechanisms to ensure ongoing compliance and accountability.
Regulatory Updates and Compliance Assistance: We keep organizations informed of changes to laws, regulations, and industry standards that may impact their compliance and governance practices. We provide timely updates and analysis to help organizations stay ahead of developments and make informed decisions regarding their governance and compliance efforts.
At Sage Law Firm, we are committed to helping nonprofit and exempt organizations fulfill their missions effectively while maintaining the highest standards of compliance and governance. With our comprehensive assistance and experienced guidance, organizations can navigate the complexities of compliance and governance with confidence and integrity.
