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Your Guide for Nonprofits, An Update: Nonprofit Law, Leadership, and Financial Management

Sponsored By: Tompkins Community Bank

Please join us for a special presentation that will be full of important information for nonprofit executives and their advisors. The course agenda with learning objectives follows:

Module 1 – Introduction to Nonprofit Law (30 minutes)

  • Discuss the foundations of nonprofit management
  • Provide background information on nonprofit law: define industry terms, types of tax-exempt organizations, and the nonprofit marketplace

Module 2 – The Nonprofit Board Fundamentals (1 hour)

  • Review the roles and responsibilities of nonprofit board members
  • Explore indemnification, conflicts of interest, liability transfer, and other essential issues that nonprofit board members need to understand
  • Discuss governance principles for nonprofit organizations
  • Introduce a “tool kit” for non-profit board members to get the most benefit from their membership without breaking the rules.

Module 3 – Nonprofit Partnerships Options and Considerations (1 hour)

  • Review potential partnership options for nonprofit organizations and key factors for consideration
  • Use real-world examples to show how a nonprofit can leverage its tax-exempt status to make more money (in compliance with the rules)
  • Discuss ways in which for-profit and nonprofit companies can take advantage of synergies while remaining compliant.

Module 4 – Nonprofits & Handling Money (30 minutes)

  • Discuss the various IRS and state regulator requirements of a nonprofit in receiving and spending money
  • Special Guest: Former Assistant U.S. Attorney and Partner of Warren Law Group David Rosenfield will talk about AML investigations and considerations that every non-profit should know about.
  • Understand best practices for non-profit transactions involving money and other items of value e.g. real estate) domestically and internationally
  • Examine Anti-Money-Laundering considerations that nonprofits need to understand to stay out of trouble

Module 5 – Fraud Protection & Security for Nonprofits (1 hour), Presented by The McGovern Consulting Group and Tompkins Community Bank

  • Review nonprofit controls for fraud prevention and examine current cyber security protocols 
  • Discuss the current risk and threat landscape for businesses
  • Highlight the various ways to mitigate risk and proactively protect money in deposit accounts

When: Friday, August 5th, 2022. 9:00 AM to 1:15 PM EST
Where: Your home or office
Speaker: Todd Kulkin, ESQ, The McGovern Consulting Group and Tompkins Community Bank Experts
CPE Credits: 4 Management & Organization CPE
CLE Credits: 4 Substantive CLE 
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Delivery Method: Group Internet-Based

The Presenters:

Todd Kulkin, ESQ

Todd P. Kulkin practices in the areas of corporate, securities, and not-for-profit law. He is risk management and strategy focused, having graduated with a concentration in Financial Transactions from University at Buffalo (SUNY) Law School in the aftermath of the 2008 financial crisis. Todd began his legal career representing and advising Fortune 500 companies at one of the largest law firms in the US. In 2012, he departed that firm to open his own practice and now serves as outsourced general counsel for start-up companies, corporations, and not-for-profit organizations in the United States and abroad.

He has been honored by the Reuters publication Superlawyers as a “Rising Star” in business law for the New York Metro Area from 2014-2020. Only 2.5% of attorneys under the age of 40, or having been in practice less than 10 years, in the New York Metro Area are given this distinguished honor. A consummate educator, Todd is dedicated to empowering his clients with the knowledge needed to accelerate growth and mitigate risk. He regularly teaches other attorneys about corporate, securities, and not-for-profit legal issues and is often contacted by those attorneys for advice.

About CPE/CLE:

* The ALA partners with McDevitt and Kline LLC for certificate issuance. Live, internet-based courses are approved as Distance Learning courses by the PA Supreme Court CLE Board. For additional information, please visit http://www.pacle.org/. Check with your State CLE Board for rules pertaining to live webcasts. These rules differ from state to state. For example, PA attorneys may earn up to 6 CLE credits per compliance period via live webcasts (or 6 out of 12 credits per year); NJ and DE attorneys may earn up to 12 CLE credits per compliance period via live webcasts (or 12 out of 24 credits per two years).
McDevitt & Kline, LLC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site:www.nasba.org.

Non-Members use the "Register Now" button.