Condon O’Meara McGinty & Donnelly Renews Commitment to NCA for a Record Year
NCA’s Longest Standing Corporate Partner Begins its 11th Year with the Association The National Club…
Condon O’Meara McGinty & Donnelly LLP is a CPA firm providing accounting, auditing, and tax services to more than 340 private, member-owned clubs in 16 states. As one of the largest firms specializing in the unique nonprofit sector, we are the premier accounting firm for private clubs and other nonprofits. We offer a complete array of services designed specifically to help our clients meet their financial and business needs.
NCA’s Longest Standing Corporate Partner Begins its 11th Year with the Association The National Club…
With the coronavirus pandemic and the adverse impact of the pandemic on clubs, many clubs…
Membership in a club is comprised of a series of separate and distinct transactions between…
The National Club Association (NCA) is thrilled to announce that Condon O’Meara McGinty & Donnelly…
The Internal Revenue Service (IRS) recently provided clubs with insight to the IRS’s analysis regarding…
As coronavirus radically disrupted club operations, the first reactions from clubs were the health and…
The following may be used as a quick barometer to evaluate your club’s financial health:…
Q How does a club find the best board candidates? Are there best practices for board…
The Internal Revenue Service (IRS) has released Interim Guidance with respect to the business expense…
COMPUTING the unrelated business income tax of tax-exempt organizations, including social clubs, has become increasingly complex….
THERE IS NO QUESTION, clubs continue to spend money on capital projects at record rates. Country…
A negative pledge is an arrangement made between the club (borrower) and the bank (lender)…
The Internal Revenue Service (IRS) is increasing its focus on good corporate governance for tax-exempt…
In reviewing financing for proposed capital expenditure projects, clubs consider the following alternatives: Finance from…
Q: What are some of the best practices for hiring club employees? Are background checks…
Q: What are best practices that both the club Audit/Finance Committee and club employees should…
Q: What are the most common issues addressed in the management letter following a club…
Q How can I prevent expense reimbursement fraud at my club? A Expense reimbursement is just…
Clubs strive to be the best they can in providing the highest quality of services…
Q. What does it take to be a “well-governed” club in the eyes of the IRS?…
Q. Regulations governing annual contributions to pension plans combined with low interest rates have caused…
Q: How should a club structure financing of capital expenditures so that the long-term financial health…
Q: How much of the board’s work should be shared with the membership? A: In an era of…
Q What is the fiduciary role of the audit committee in a private clubs? A It is…
Q How important are separation of duties and strong internal controls in a club environment that…
Mere mention of the IRS tends to trigger certain symptoms among club board members: sweaty…
The Internal Revenue Service (IRS) has been conducting a compliance project with respect to the…
Clubs strive to be the best that they can be in providing services to their…
Not surprisingly, the Internal Revenue Service (IRS) expects a tax-exempt club to remain in compliance…