Readme for CBISA™ Version 5.3 (2/23/2014)


Changes to CBISA Plus™ and CBISA™ for Healthcare

Change to Accommodate the 2013 IRS 990 Schedule H
In the 2013 instructions for IRS 990 Schedule H, the IRS has changed the definition of "Offsetting Revenue". The instructions now define direct offsetting revenue as follows: "'Direct offsetting revenue' also includes restricted grants or contributions that the organization uses to provide a community benefit, such as a restricted grant to provide financial assistance or fund research."  To Accommodate this change, two fields have been activated on the Occurrence form.  Beginning in the active year 2013, "Restricted Contributions" and "Restricted Grants" will be available and will be used with additional offsetting revenue fields in calculating net community benefit.  All reports and IRS worksheets have been revised to properly reflect this change.

The "Memo Only" fields will remain available.  Any dollar amounts added in these fields are not used in calculating net community benefit.

Changes to CBISA Plus™ and CBISA™ for Senior Living

Change to Offsetting Revenue Fields on Occurrence Form  

Two fields have been activated on the Occurrence form in the Offsetting Revenue Detail.  Beginning in the active year 2013, "Restricted Contributions" and "Restricted Grants" will be available and will be used with additional offsetting revenue fields in calculating net community benefit.  All reports have been revised to properly reflect this change.

The "Memo Only" fields will remain available.  Any dollar amounts added in these fields are not used in calculating net community benefit.


A SPECIAL NOTE FOR HOSPITALS AND HEALTHCARE SYSTEMS IN ILLINOIS

Because of the special report needed for the Illinois AG, CBISA Plus™ and CBISA™ for Healthcare uses the dollar amounts entered in the "Memo Only" fields to reduce the calculated net community benefit.  Therefore, if you enter the restricted grants and contributions in the Offsetting Revenue Detail AND in the Memo Only fields, the dollar amounts will be doubled and your net community benefit will be less than expected.  To avoid this issue, please make sure that you enter your restricted grants and contributions IN ONLY ONE LOCATION on the Occurrence form.




See Also (Previous Readme and Publication Date)
Readme5.1 (11/09/2013)
Readme5.0 (9/15/2013)
Readme3.3.99.htm (10/27/12)
Readme3.3.86 (7/28/12)
Readme3.3.83 (7/5/12)
Readme3.3.80 (6/2/12)
Readme3.3.67 (12/3/11)
Readme3.3.61 (10/15/11)
Readme3.3.57 (9/24/11)
Readme3.3.53 (6/15/11)
Readme3.3.45 (5/11/11)
Readme3.3.30 (2/9/11)