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  • 1.  Organizational type coding

    Posted 01-25-2024 12:01 PM

    What is the best practice for coding organization records, especially when considering CASE reporting?

     

    One example I am looking at in our system is the The Washington Center, on their website it states they are a non-profit organization and when I look at the 990 they are a 501( c)(3) and a corporation:

     

     

    Would you code them as a non-profit in your system or would you code them as a corporation?

     

    We are in the midst of a massive cleanup of our system and I want to be sure we are coding these non-person records correctly!

     

    Thank you,

    Amanda

     

     

    Amanda L. Haney

    Director of Gift & Data Management

    Gift & Data Management

     

     

    University Advancement I Elliott Alumni Center I 9 Edgewood Rd I Durham, NH 03824

    Office: 603-862-2041 I amanda.haney@unh.edu

     

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  • 2.  RE: Organizational type coding

    Posted 01-25-2024 12:43 PM
    They're a nonprofit. 

    Nearly all 501c3s are organized as corporations under state law, and receive a 501c3 tax designation under Federal law. Colloquially, when we talk about nonprofits we're talking about those corporations (or trusts or unincorporated associations) that received designation from the IRS. Many states have a corporation type called 'nonprofit corporation' or similar, but that status is largely irrelevant to us - it matters whether you have a 501c3 designation or not. 


    Thank you,
    Isaac Shalev
    Data Strategy Expert
    Sage70, Inc.
    (917) 859-0151
    isaac@sage70.com

    Schedule a 30-minute consultation now:




    Original Message


  • 3.  RE: Organizational type coding

    Posted 01-25-2024 01:24 PM
    In addition to Isaac's comments, you specifically asked about coding organization records "especially when considering CASE reporting."

    I would suggest starting with what you would expect to report on and determine how you have to code things to make that happen. Section 3 of the VSE looks for funds received from Foundations, Corporations, DAFs, and Other Organizations. Section 4 looks for further distinctions between personal and family foundations and other foundations. Those would be your big bucket constituencies. You can categorize further depending on your internal reporting needs and the needs of your institution.



    Original Message


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