Important notice (notify your constituents):
Small nonprofit organizations are at risk of losing their tax-exempt status if they failed to file required returns for 2007, 2008 and 2009. They can preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program, the Internal Revenue Service (IRS) has announced.
Small mom-and-pop organizations, such as local sports boosters, clubs, neighborhood associations, historical societies and other organizations without professional accountants are probably most affected.
See: IRS Press Release and List of Organizations by state that haven’t filed (list may be incomplete).
Finance Information you can use:
Pepperdine University has produced “research to understand the true cost of private capital.” “Findings indicate that required returns on new investments vary significantly by capital type and risk assumed, with senior lenders requiring 6.8%, asset-based lenders demanding 13%, mezzanine funds expecting 18.5%, private equity groups expecting 25%, and venture capital funds expecting 38.2%.”
The National Renewable Energy Laboratory has produced a paper that describes the basics of how a revolving loan fund (RLF) works and how to setup a revolving loan fund for energy efficiency projects. The model can be used for any RLF.
Earlier this year HUD released its estimates of fiscal year 2010 median family income estimates for all counties and metropolitan statistical areas (MSAs) in the United States.
For comparison purposes, the incomes for the three largest metro areas and for non-metro Wisconsin are: Milwaukee MSA: $71,100: Madison MSA: $80,000: Green Bay MSA: $65,900 and non-metro Wisconsin: $58,600.
Other Information you can use:
The Public Service Commission (PSC) has released the initial version of Wisconsin’s high-speed Internet (broadband) map as LinkWISCONSIN.
Do you have any major data, policy information how-to-do needs? If you do, please contact WEDI, maybe we can help.