• Posted by DanCT on June 2, 2023 at 3:05 pm

    Hi everyone! I’m curious to hear from other non profits that rely primarily on government funding regarding their experience with the Employee Retention Tax Credit program. Our agency, a $10MM housing and homeless services organization, was operationally inconvenienced by COVID, but we continued to deliver our contracted services; when the smoke cleared COVID had not adversely impacted our finances. Our auditor has also expressed concern vis a vis the “double dipping” issue, as restricted funding comprises over 85% of our budget. At the same time, I know of other nonprofits in the same boat who have benefited from the ERC. Would love to hear your thoughts on this issue. Thanks!

    DanCT replied 8 months, 4 weeks ago 1 Member · 1 Reply
  • 1 Reply
  • DanCT

    Member
    June 5, 2023 at 1:29 pm

    My apologies. I see there is already a thorough and excellent thread on this topic in the forum.

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