Tom Hodnefield, CPA - Partner, Not-for-profit Industry Leader
 

audit, accounting, tax and consulting

We provide audit, accounting, tax and consulting services to more than 70 not-for-profit organizations including those with diverse revenue streams, endowments, investment pools and multiple entity structures.

Download Not-for-Profit Brochure (PDF 71kb)

specialized services

  • Audit and Attest Services

    Our audit approach is value based.  Our clients expect more than a commodity service.  At HLB Tautges Redpath, we make sure we understand our clients’ organization, goals, challenges and opportunities so we can deliver customized service.  This approach is a good fit for organizations that expect high quality services.  Our clients value our responsiveness to their needs and the assurance we provide.

  • Tax Planning and Preparation Services

    We are aware of the sensitivity of IRS Form 990 and related filings and draft them accordingly.  We point out areas that should be given special attention, provide guidance and customize tools for our clients to use throughout the tax planning and preparation process.

  • Federal Single Audits
  • Retirement/Employee Benefit Plan Audit service

    HLB Tautges Redpath benefit plan audit services are structured differently than many other CPA firms.  We structure benefit plan audits as its’ own service area, separate from our other audit areas.  This approach reflects our view that a benefit plan audit is not an after thought or by-product of a larger engagement, it is an important service area at our firm. HLB Tautges Redpath is a member of the American Institute of Certified Public Accountants Employee Benefit Plan Audit Quality Center.

  • Consulting

    Our not-for-profit team works closely with clients to offer valuable solutions beyond our accounting and audit services.  Following is a list of our consulting services:

    • Obtaining and maintaining tax exempt status
    • Entity Structuring
    • Financial Statement Preparation
    • Internal Control Studies
    • Functional Expense Allocations
    • Fraud Investigations
    • Charter School Advisory Services
    • Charitable Gambling
    • Sales Tax and Use Tax Compliance
    • Payroll Services
    • Employee Benefits

entities we serve

  • Charitable Organizations
  • Private Foundations
  • Charter Schools
  • Member Organizations
  • Business Leagues
  • Civic Organizations
  • Social Clubs

industry involvement

  • Minnesota Council of Nonprofits
  • Nonprofit Financial Group
  • Charities Review Council
  • MNCPA Review Task Force
  • AICPA Employee Benefit Plan Audit Quality Center
  • AICPA Governmental Audit Quality Center