Condon O'Meara McGinty & Donnelly LLP

 Condon O'Meara McGinty & Donnelly LLP
 One Battery Park Plaza, 7th Floor
 New York, NY, 10004
 212-661-7777
 212-661-4010
 Contact: Daniel Condon
 dcondon@comdcpa.com
 www.comdcpa.com

 

Condon O’Meara McGinty & Donnelly LLP is a CPA firm providing accounting, auditing and tax services to more than 340 private, member-owned clubs in 16 states. As one of the largest firms specializing in the unique nonprofit sector, we are the premier accounting firm for private clubs and other nonprofits.  We offer a complete array of services designed specifically to help our clients meet their financial and business needs.

 

EXPERTS' CORNER ARTICLES

Financing Capital Projects

Tax-Exempt Clubs and UBTI

What is a negative pledge and how can my club use this borrowing method to save costs associated with traditional mortgages? Should clubs increase their dues annually? Why? How much?

What are good governance policies for private, tax-exempt clubs?

Financing capital expenditures

What are some of the best practices for hiring club employees? Are background checks necessary?

What are best practices that the Audit/Finance Committee and employees should follow to protect against cyber attacks?

What are the most common issues addressed in the management letter following a club audit? How should management respond?

Separation of duties and strong internal controls

How can I prevent expense reimbursement fraud at my club?

What does it take to be a “well-governed” club in the eyes of the IRS?

How are clubs dealing with the effects of regulations on defined benefit plans?

What is the fiduciary role of the audit committee in a private club?

How does a club find the best board candidates?

WEBINARS

Best Practices for Strategic Club Governance

Fiduciary Role of the Audit Committee

The Top 10 Mistakes that Clubs Make

 

 

Club Industry Brief

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