Remove 2021 Remove Liability Remove Pass-Through
article thumbnail

Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

article thumbnail

501c.yada, yada, yada

Sharpshooter Communications

For more detail on the most common ones, keep scrolling: Disclosure: The following comes from information from the IRS and other sites retrieved in August 2021. There are probably a million loopholes through and around these requirements. I’ve included the links. I am NOT an accountant. I am NOT an attorney.