CPE Webinar

Not-for-Profit Virtual Seminar | Part II

December 15, 2020

The Coronavirus, or COVID-19, has altered our world; how we do business and how we live our daily lives. Cherry Bekaert has been and remains committed to guiding our clients and communities forward, even in the midst of uncertainty.

Subsequently, we are taking our annual Not-for-Profit Seminar virtual! We believe it is more important now than ever before to provide access to thought leadership tailored to meet the needs of the tax-exempt industry.


Transforming Outcomes with Analytics and Business Intelligence

10:00 a.m. – 10:50 a.m.

  • Bryce Gartner, Principal | icimo analytics by Cherry Bekaert LLP

Successful not-for-profits are prioritizing their approach to analytics and business intelligence as a key driver of their value, engagement and growth. Gain the competitive edge by recognizing the data strategies that will align your organization for progressive growth in driving your mission. In this session, we will explore the critical components of an effective data strategy and the applications across donors, members and the organization. We will share real use cases on how not-for-profits are leveraging their data to drive better decisions, grow donors/members, enhance engagement opportunities, maximize revenue opportunities and optimize efficiencies and costs.

Learning Objectives:

  • Recognize successful data strategies that will empower your organization
  • Understand the components of an effective data strategy

Lessons Learned from the Pandemic: A Panel Discussion with Not-for-Profit Leaders

11:00 a.m. – 11:50 a.m.

  • Moderator: Matthew Socha, Partner | Chery Bekaert LLP
  • Panelist: Alyssa Federico, Senior Vice President of Finance | Foundation For The Carolinas
  • Panelist: Kristen McCollum, Chief Financial Officer | United Way of Greater Atlanta
  • Panelist: Phyllis Palmiero, Vice President for Finance & Administration | Collegiate School

The global pandemic has forced all not-for-profits to change and adapt their operations and strategies in a very short period of time. In this session, leaders from United Way of Greater Atlanta (Atlanta, GA), Foundation For The Carolinas (Charlotte, NC), and the Collegiate School (Richmond, VA) will join Cherry Bekaert in a discussion of how their organizations responded to the challenges and opportunities that resulted from the pandemic and lessons learned.

Learning Objectives:

  • Understand how not-for-profits adapted their operating activities to respond to the global pandemic
  • List changes that could be considered at your organization based on the successes or failures of others

Nonprofit Tax Update

1:00 p.m. – 1:50 p.m.

During this session, we will bring you up-to-date on the latest developments affecting nonprofit organizations from a tax perspective. In particular, we’ll highlight the new guidance received in connection with provisions enacted as part of the Tax Cuts and Jobs Act. Topics will also include: other guidance issued by the IRS and updates to the IRS’ strategic plans.

Learning Objectives:

  • Identify the recent tax developments affecting the nonprofit industry
  • Analyze whether there are any other changes at the IRS or in recently issued guidance that affect their organization

Hot Topics in Employment & Compensation

2:00 p.m. – 2:50 p.m.

Not-for-profit organizations need to consider special rules when paying employees and providing benefits and be aware of the IRS focus areas when examining retirement plans.  This session will highlight pitfalls to avoid in paying executives, including the taxation of deferred compensation and severance pay, and address the common issues IRS finds when retirement plans are examined.  In addition to the many challenges that COVID has created, the CARES Act offers payroll tax credits for employers not receiving a PPP Loan and those paying mandated sick and FMLA leave related to COVID.  These credits and the deferral of payroll taxes will be discussed.

Learning Objectives:

  • Be adept at determining when taxation issues arise in the context of nonqualified deferred compensation and severance pay.
  • Understand the rules of particular focus for the IRS in examining retirement plans
  • Be sure that your organization is claiming all the payroll tax credits and deferrals to which entitled.

Related Event

Cherry Bekaert Continuing Professional Education: Statement of Admin Policies

This event is complimentary. Due to this program being offered free of charge, there will be no refunds.

CPE for Virtual Events

  • Please join sessions on time, or 5 minutes early if possible. Joining a session late may cause you to lose the ability to obtain CPE based on the following NASBA regulations:
    • There will be 4 polling questions per hour of each session.
    • In order to receive CPE credit for virtual events, you must attend at a minimum, 50 minutes of every hour and respond to at least 3 of the 4 polling questions per hour.
    • Polling questions will not be announced in advance.
  • If you view the conference in a group setting, you will still need to log into CPE sessions through your laptop to track your attendance and respond to the polls.
  • We cannot guarantee polling questions will appear on your mobile device. Please keep in mind we recommend using your laptop for your training session and will not be able to give you CPE credits for mobile technological issues.
  • You will receive one certificate for each course you attend/pass.
  • For questions regarding registration or event cancellation, please contact Maddie Robbins.
  • For all other questions regarding CPE policies – please contact Cherry Bekaert at cbhlearning@cbh.com.

CPE Sponsors LogoCherry Bekaert 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 submitted to the National Registry of CPE Sponsors through its website. | www.learningmarket.org