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In: Nursing

Identify organizations whose tax-exempt status is being challenged?

Identify organizations whose tax-exempt status is being challenged?

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Expert Solution

Tax exempt status:

A A 501 (c) (3) organization is to corporation and any community chest, fund, or foundation, organsed and operated exclusively for religious, charitable, scientific, testing for public safety, em, or educational purposes, or to foster notional or internatsnal amateur sports competition (so long as none offis ocOMes involve the providing of athletic facilities or equipment) or for the prevention of cruelty to children or animals, no part of Me net earnings of which inures to the benefit of any private shareholder or indsclual, no substantial part of the achwhes of which is carrying on propaganda participate or intervene in any polfical campaign.

A basic requirement for tax exempt status:

It must have improved the access to health care services.

It should have been advancing the health of the community.

It is delivered to improve the knowledge regarding treatment, care, or health.

It must relieve or lessen the burden of government or other similar community efforts.

According to the IRS, tens of thousands of nonprofit organizations have their tax-exempt status revoked every year. Many of these revocations are simply the result of failure to file the proper IRS forms, an oversight more common among smaller, less sophisticated nonprofits. Increasingly, though, these revocations are the result of challenges brought by state and local authorities, Congress or other federal agencies, and the general public.

Ex: The University of Pittsburgh Medical Center's (UPMC) Tax-Exempt Status (Allegheny Co. News);   Princeton's Tax-Exempt Status Challenged by Neighbors' Lawsuit (Huffington Post);   or Examining NFL's Tax-Exempt Status (ESPN.com).


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