Southwest Nonprofit Conference


Event Description:
Almost 2 years after enactment, the reality of the impact of the Tax Cuts and Jobs Act for Nonprofits is still just sinking in. There is a lot we now know, but still a lot of unanswered questions. Join in the discussion of the Act's impact on unrelated business income tax, employee benefits, charitable giving and more.

Where are the economy and the markets headed the next few years, and what are the implications for nonprofits? How can investment committees avoid disastrous pitfalls and implement proven practices to become more effective stewards? Interact with other participants to learn how their committees overcame challenges.

This presentation will discuss legal considerations and business challenges faced by nonprofit organizations/tax-exempt entities when determining employee classification and executive compensation guidelines.

Learning Objectives

  • Identify some of the most common impacts on nonprofits as a result of the Tax Cuts and Jobs Act
  • Discuss the most common unanswered questions and how to navigate through the unknown
  • Determine how to stay on top of ongoing developments
  • Identify which economic and market indicators are most important for nonprofits
  • Build better committee governance through fiduciary best practices
  • Anticipate counterproductive behaviors and manage risk.
  • Review common examples of misclassification of nonprofit employees as “salaried, exempt”
  • Discuss best practices for nonprofit companies engaging individuals as independent contractors and the rules for unpaid interns and volunteers in the nonprofit world
  • Identify various provisions in the Tax Cuts and Jobs Act, which pertain to executive compensation for tax-exempt organizations, along with legal considerations and suggested best practices

Brenda A. Blunt, CPA, CGMA, Partner
Brenda has over 30 years of experience providing services to tax-exempt entities, closely-held business and their stakeholders. She provides income tax compliance and planning for individuals, corporations, partnerships and tax-exempt entities and represents clients before the Internal Revenue Service and state taxation authorities. Tax-exempts and their related entities comprise approximately 90% of her clients. She helps these clients, in particular, comply with and plan for sales, payroll and property taxes; consults with them regarding the tax and accounting impact of multiple-entity structures; helps with with international tax issues; works with them to establish or reinstate their status as tax-exempt and helps them plan for the tax aspects of unrelated business income and executive retirement. Brenda is a frequent teacher nationally, locally and at the organization level on topics that include health care reform, board responsibilities, tax compliance, strategic planning, and financial management principles for nonprofits. Brenda currently represents almost 200 nonprofit organizations ranging in size from formation-stage organizations to multi-million organizations with international reach. Her client base includes public charities, private foundations, trade associations, social welfare organizations, cooperatives and unions. She is passionate about working with organizations in the nonprofit sector, in no small part because of their passion to make the world she lives in a better place.

Scott Middleton, CFA, CIMA | Innovest Portfolio Solutions, LLC
Scott is a principal, consultant, and Innovest director. Scott is the director of Innovest's Investment Committee, which oversees the firm's investment research and due diligence process. He is also a member of the Capital Markets Research Group, which assesses the economic and market outlook and oversees clients' asset allocation studies and portfolio construction. He has more than 30 years of experience in investment management, focusing on customized portfolio management and consulting for institutional and personal clients. Scott holds the Chartered Financial Analyst (CFA) and Certified Investment Management Analyst (CIMA) designations from the CFA Institute and the Investments & Wealth Institute, respectively. He is a graduate of Oral Roberts University in Tulsa, Oklahoma, with a major in history. Scott is a member of the CFA Institute, the CFA Society of Colorado, the Investments and Wealth Institute, and the American Economic Association. He is also a former grader for the level-three CFA examinations.

Craig J. O'Loughlin, Partner
Craig O'Loughlin is licensed in Arizona and California and practices in all areas of employment law advisement and litigation, OSHA/Cal-OSHA compliance and defense, workers' compensation consulting and defense, labor relations advisement, and public contract award protests. Craig's expertise in California employment laws, particularly California's complex wage and hour laws, including prevailing wages, assist him in advising and defending not only California-based businesses, but also businesses based outside of California with a significant employment presence there. In addition, Craig routinely provides training to clients' human resources professionals and general workforce in all areas of employment law, including sexual harassment, discrimination/retaliation, wage and hour practices, discipline and termination practices, and state and federal disability and leave laws.

Marvin S. ("Bucky") Swift, Jr., Partner
Bucky Swift is a partner in the Employee Benefits and Executive Compensation practice and has spent his entire career in the ERISA employee benefits area. He partners with Boards of Directors, employers and individuals to design, draft and implement successful and responsible compensation plans and arrangements. Bucky develops solutions on a broad range of benefits and compensation issues, including qualified and non-qualified retirement planning, compensation and benefits strategies for successful reductions-in-force, merger and acquisition compensation and benefits planning, and welfare benefit programs including issues under the new Health Care Reform law. He concentrates in the executive compensation area and works with Boards of Directors, employers, individuals to develop executive compensation and incentive programs in both the privately held and publicly traded sectors. Bucky represents Boards of Directors, employers and executives alike in negotiating and drafting executive level employment and change in control agreements.

7:30 AM - 8:00 AM Registration
8:00 AM - 11:30 AM Seminar

CPE Information
CPE Credits:
 3 Hour
CPE Category: Taxes
Level: Advanced
Delivery Method: In Person Group

Additional Information:
No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.

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