Account of profits

Spire Rehabilitation Hospital opened its doors on July 1, 2017, and Dr. Davidson Curwen has been instrumental in the successful transition from the rehabilitation unit on the fourth floor of Jackson Madison County General Hospital to the new hospital located at 616 West Forest Avenue. Dr. Curwen has served as Medical Director for over 25 years, and will continue to lead in the position in our new hospital. Our hospital assist patients recover from life altering conditions by restoring their…

Nonprofit organizations are self-regulated and tax-exempt entities. The rapid growth in the nonprofit sectors, has led these organizations to be supported mainly by monetary gifts (Chetkovich & Frumkin cited by Weerawardena, McDonald, & Mort, 2010). Due to the Internal Revenue Service tax code set for charity organizations has raise questions and concerns about nonprofit organizations accountability and transparency to the government, funders and stakeholders. Therefore, the answers lie within…

The U.S. nonprofit sector has grown significantly over the past few decades. Approximately 1.41 million nonprofits were registered with the Internal Revenue Service in 2013, an increase of 2.8 percent from 2003 (Urban Institute, 2015). With this growth in the sector has come growth in nonprofit sector employment in the United States. The 2016 Nonprofit Employment Practices Survey estimates that over half of nonprofits of all sizes (57%) are likely to create new positions within their…

People are faced with several perspectives on charity. Charities do not always solve the problems they aim to solve. Charities’ target issues that are far too extensive to be fixed with mere money. Therefore, they are not fixing the issues, but rather they are covering them while the main issues continue to grow larger. Charity also does not always go to the destinations in which one believes that he or she is helping. Also, donating all of one's extra money is a completely absurd idea to…

who are exempt from income tax and receive other benefits as well in exchange for adhering to certain restrictions (Weisbrod 19). Regardless of their name, these nonprofit organizations do generate profit, but the way they utilize their profit is very restricted such as they are only able to put the profit towards specific approved uses like the ASPCA assisting animals and shelters, etc. According to the Independent Sector’s website, the IRS “defines more than 25 categories of organizations that…

As all things in life, there is always a beginning. I was first introduced to Full Sail University in 2012. One of my associates mentioned to me he was attending in the fall of 2012. At that time, I lived in New Brunswick, New Jersey. I was attending DeVry University for Multimedia Graphic & Development. I left DeVry University upon finding out my financial aid was displaced due to a class schedule issue. Nonetheless, I moved back to Plano, Texas to where my mother was living at the time. Making…

Stakeholders Conflicts in Organizations Stakeholders include all people of various disciplines, professions, religions, race, interest, opinions, concerns, and economic status. Both for-profits and not-for-profits organizations values dominated by inclusive stakeholders’ views of the organization. Each stakeholder views the organizational matters as inter-functional conflicts between each stakeholder groups, including investors, leaders or employees. Those assumptions are rest on an idealized…

Community Link “The definition of a volunteer is a person who donates his time or efforts for a cause or organization without being paid.” http://www.yourdictionary.com/. Helping other people in need can be a joyful experience, and something that many people believe is worth their time and effort. Some people volunteer because it makes them feel good about themselves. Other people volunteer to make themselves or their organization look good. Many people are required to volunteer due to…

A study was conducted to among 232 active volunteers from 18 nonprofit organizations to determine whether there is a difference between organizational commitment and task engagement. Many organizations utilize volunteers to accomplish their organizational mission. According to the Independent Sector Research, there is a recent decline in the number of volunteers. A common challenge faced by nonprofits is retaining volunteers who are satisfied and committed with the organization. In the…

In both the for-profit and nonprofit worlds, a good rule of thumb when making a decision is to ask whether you would want to be treated the same way and whether you would be comfortable seeing your decision on the front page of the local newspaper. Honesty: Being honest…