WHAT INSPIRES YOU, INSPIRES US.

Kim C. Hunwardsen, CPA

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"I have a passion for working with nonprofit organizations and ensuring they do not jeopardize their tax exempt status. I truly enjoy helping my clients understand the benefits of their exempt status, what potential tax risks exists and how they can proactively address these issues."

OVERVIEW

Kim delivers tax services to health care providers and nonprofits, working closely with tax-exempt organizations to provide comprehensive tax consulting, planning and compliance expertise. She joined Eide Bailly in 2002, and has since guided clients through changes in tax reporting requirements and tax law. She assists nonprofits in formations of new entities, annual compliance requirements and all other tax related issues.

When you work with Kim, you get a recognized leader who truly cares about the work your organization is doing. She will provide practical advice and take the time to help you understand your options when addressing the impact of the latest changes to tax law, compliance and reporting requirements.

Outside of the office, Kim gives back to her community by serving as President of a local nonprofit organization and actively supporting other organizations associated with activities her children are involved in. She loves to cook, read and spend time with family and friends at her cabin in northern Wisconsin.

QUALIFICATIONS

Memberships

American Institute of Certified Public Accountants
Minnesota Society of Certified Public Accountants
Nonprofit Financial Group of the Twin Cities
Healthcare Financial Management Association, Minnesota Chapter

Designations/Licensures

Certified Public Accountant

Education

Bachelor of Arts, Accounting – Luther College, Decorah, Iowa

KNOWLEDGE

Client Work

Worked with nonprofit organizations to assess the impact of tax law and reporting changes, helping to develop new strategies to address the changes.

Developed corporate-wide restructuring strategies in order to minimize tax costs for the organization.

Worked with clients to coordinate IRS examinations resulting in no changes in tax reporting or taxes assessed.

Consultant for mergers and acquisitions, formation of tax-exempt entities, unrelated business income studies, compensation and benefits issues, IRS examinations and charitable giving.

Performed unrelated business income studies to identify potential unrelated activities.

Worked with private foundations to develop overall mission and vision, designing policies and procedures to support both.

Consulted hospitals on compliance issues regarding new standards for tax exemption, including conducting Community Health Needs Assessments and reviewing policy changes.

COMMUNITY

Community Involvement

Featured national speaker regarding tax issues that impact nonprofit organizations, including the impact of Health Care Reform
Women’s Health Leadership Trust – Program Committee
“Top Women in Finance” award winner – Finance and Commerce Magazine, 2008
Resource West – President
MindsMatter of the Twin Cities – Board of Directors, Past