Social Accountability and Tax-Exempt Senior Healthcare Care Providers
Abstract
Non-profit tax-exempt senior healthcare providers (“nonprofits”) have an obligation to demonstrate their charitable nature and the community benefits they provide. Their missions mandate such demonstrations and their tax-exempt status depends on them as well. This article explains how a vibrant social accountability program is integral to mission fulfilment and the maintenance of exempt status. An initial inquiry is to ask about the difference between for-profit providers and nonprofits?
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