Bellin Health’s Post

Join us on June 5th for an informative webinar where we’ll explore the critical aspects of creating an effective operating reserve policy tailored for #nonprofitorganizations. Jay Sciuto and Thomas Jenkins discusses why building and managing reserves is crucial for financial health, particularly in uncertain economic climates. #AskMarcum #NonProfits

In times of crisis, providing meaningful support for employees is more than a responsibility—it’s a reflection of our values as employers. At Commonwealth Senior Living, we believe that helping our team members during challenging times is paramount to fostering a culture of care and resilience. Through our Commonwealth Cares initiative, we have made it a priority to provide financial assistance to employees facing unexpected hardships, offering a safety net that helps ease the burden of personal crises. Recently, we held our annual Commonwealth Cares Golf Classic, which was a tremendous success, raising an incredible $200,000. This event is a testament to the power of community and the importance of coming together to support one another. The funds raised will go directly toward helping our team members during times of need, whether it’s an unforeseen medical emergency, natural disaster, or financial crisis. We are immensely proud of this achievement, but more importantly, we are honored to stand by our employees and show that we are there for them when they need us most. There are so many (unfortunately) recent examples of catastrophic events. Two hurricanes in a matter of weeks. And there are other catastrophes you may never hear about, more personal ones. For other employers, this is my call to action: investing in your employees during their most difficult moments is not only the right thing to do, but it also strengthens the bond within your organization, building trust and loyalty. Together, we can make a difference—and at Commonwealth Senior Living, we really do.

Is your organization hiring soon? The 2024 Michigan Nonprofit Compensation & Benefits report is the resource you need to stay competitive ➡️ https://bit.ly/4dKCSzo Find the market value for more than 100 specific positions in Michigan along with other vital compensation and benefits information within the nonprofit sector.

My colleagues Brittney Kocaj, CPA Kim Scifres, CPA Janice M. Smith, CPA, JD explain the importance of a hospital community benefit policy in the article linked below…..we can help you optimize and strategize your compliance efforts to capture your story!

With the IRS focused on the amount of community benefit provided by charitable hospitals, now is the time to update (or put into place) a community benefit policy. Me and my colleagues Brittney Kocaj, CPA and Kim Scifres, CPA explain the importance of a hospital community benefit policy in the article linked below.

Consider registering for this important Maryland Nonprofits event about the impacts of the Key Bridge tragedy on the communities served by nonprofits.

Is your nonprofit’s board truly independent? It’s easy to assume the answer is “yes,” but independence goes beyond avoiding conflicts of interest. The IRS has a specific four-part definition, and failing to meet all criteria could raise concerns with donors and stakeholders. Read more to ensure your board is meeting the standards!

No family should have to choose between heating their home or feeding their children in the UK in 2024. The Household Support Fund provides vital support, helping families in crisis access essentials, receive advice and support, and get practical help with things like furniture and white goods. With 3.8 million households relying on it, we can't afford to let this crucial lifeline disappear. We’ve joined more than 120 other organisations to call for an urgent extension to the Household Support Fund for at least the next year, so that families facing hardship, hunger, and unexpected costs are able to get the help they need in their communities. #SaveCrisisSupport    👉 https://lnkd.in/eUN9maWX 

No family should have to choose between heating their home or feeding their children in the UK in 2024. The Household Support Fund provides vital support, helping families in crisis access essentials, receive advice and support, and get practical help with things like furniture and white goods. With 3.8 million households relying on it, we can't afford to let this crucial lifeline disappear. We’ve joined more than 120 other organisations to call for an urgent extension to the Household Support Fund for at least the next year, so that families facing hardship, hunger, and unexpected costs are able to get the help they need in their communities. #SaveCrisisSupport 👉 https://lnkd.in/eUN9maWX

No family should have to choose between heating their home or feeding their children in the UK in 2024. The Household Support Fund provides vital support, helping families in crisis access essentials, receive advice and support, and get practical help with things like furniture and white goods. With 3.8 million households relying on it, we can't afford to let this crucial lifeline disappear. We’ve joined more than 120 other organisations to call for an urgent extension to the Household Support Fund for at least the next year, so that families facing hardship, hunger, and unexpected costs are able to get the help they need in their communities. #SaveCrisisSupport    👉 https://lnkd.in/eUN9maWX