Unrelated Business Income Tax (UBIT): An Overview for Associations to Understand, Plan, and Strategize for Revenue Opportunities

1.0 Credit Hour for Live Attendance

Wed, April 6, 2022 - 2:00PM - 3:00PM (EDT)

Jeff Tenenbaum
Tenenbaum Law Group PLLC, Managing Partner

While most association revenue is exempt from both federal and state corporate income tax, certain income streams are subject to the unrelated business income tax (UBIT). Join Jeff Tenenbaum, Managing Partner of the Tenenbaum Law Group in Washington, DC, as we explore the context, exemptions, considerations, and strategies that successful associations use to manage and minimize UBIT while maximizing their net revenues. With new revenue streams emerging and ongoing changes to long-standing programs and activities, be sure to join other association teams as we:

  • Understand the role and context of UBIT in association revenue-planning
  • Become aware of the situations that may subject certain revenue streams to UBIT
  • Learn creative structuring and planning techniques to minimize UBIT
  • Understand how corporate sponsorships and partnerships, advertising, exhibit fees, royalties, and new revenue programs need to consider UBIT in the planning process

Whether you are CFO, COO, CEO, or a department lead, leave this webcast with a better understanding of the impact UBIT can have on your organization and how you can proactively structure programs to maximize your association’s net revenues.

Jeff Tenenbaum

Jeff Tenenbaum

Managing Partner

Jeff Tenenbaum is one of the nation’s leading nonprofit attorneys, and also is an accomplished author, lecturer, and commentator on nonprofit legal matters. As Managing Partner of the nationally recognized, Washington, DC-based Tenenbaum Law Group – a four-attorney boutique law firm focused exclusively on the legal needs of nonprofits – Jeff counsels his clients on the broad array of legal issues affecting trade and professional associations, charities, and other nonprofits. For 19 years, Jeff practiced law at the Venable law firm and chaired its nonprofit practice for most of that time. Among numerous other honors and awards, Jeff was the 2006 recipient of the American Bar Association’s Outstanding Nonprofit Lawyer of the Year Award and is one of only six lawyers in the prestigious U.S. Legal 500’s Not-for-Profit “Hall of Fame”; Jeff is the author of the ASAE-published book, Association Tax Compliance Guide, and currently serves as Chair of the American Bar Association’s Trade and Professional Associations Subcommittee and on the ASAE Legal Advisory Council and Public Policy Committee.

Your Colleagues

PAR members receive full access. Have a colleague or connection who would enjoy this event?

Professionals for Association Revenue (PAR) is a CAE Approved Provider.  The program(s) linked below meet the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential.  Every program that we offer which qualifies for CAE credit will clearly identify the number of CAE credits granted for full participation, and we will maintain records of your participation in accord with CAE policies.  For more information about the CAE credential or Approved Provider program, please visit www.asaecenter.org/cae.

Professionals for Association Revenue (PAR) is a CAE Approved Provider.

asaecenter.org/cae

The program(s) linked below meet the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential.  Every program that we offer which qualifies for CAE credit will clearly identify the number of CAE credits granted for full participation, and we will maintain records of your participation in accord with CAE policies.  For more information about the CAE credential or Approved Provider program, please visit www.asaecenter.org/cae.

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