Briefly – share your thoughts about the article Some Nonprofit Hospitals Aren’t Earning Their Tax Breaks, Critics Say
Part 2: Conduct some research on the community benefits offered by a local tax-exempt hospital. Review its website to see how it describes its community activities and summarize your findings.
1. Are you satisfied that it has met the IRS community benefit standard? Under what section of the Internal Revenue Code are non-profit, tax-exempt entities organized?
2. List a minimum of five components of a compliance program designed to protect a hospital’s tax-exempt status. (Not just its tax-exempt bond financing.)
3. Provide five examples of incentives that hospitals use for recruiting and retaining physicians.