This morning I received notification from Congress.Gov of an update to one of the bills INCEO is tracking on our federal legislation page. S. 1589, whose purpose is to amend the Internal Revenue Code to extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer…
This morning I received notification from Congress.Gov of an update to one of the bills INCEO is tracking on our federal legislation page. H.R. 2293, whose purpose is to amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased…
Poverty Growth in Indiana – Can Employee Ownership make a Difference? Rick Van Doel, President/CEO of the Indiana Center for Employee Ownership As reported by the Sagamore Institute, every major Indiana city saw a percentage increase in the growth of poverty from 2000-2015, an overall increase in the impoverished population of 164,381 (Riggs et al.,…
As a Louis O. Kelso Fellow, Dr. Van Doel attended the 2018 Beyster Symposium. The purpose of the annual symposium is to study broad-based forms of financial participation in capital ownership and capital income, such as broad-based employee stock ownership, equity compensation, profit-sharing, gain sharing, and worker cooperatives in the corporation and the society of the…
Update: Dan Weltmann & Jung Ook Kim attended the 4th Annual Great Lakes Conference and are still recruiting companies to participate in the National ESOP Employee Survey Project. If you are an ESOP and willing to participate in this national survey please contact Dan or Jung. About the survey – The Rutgers School of Management and…
Did you know, as reported in the 2015 DOL Data, the 176 Indiana ESOPs distributed $717,898,626 in benefits to their respective Employee-Owners? Our Indiana ESOPs help create wealth and provide retirement benefits for over 130,000 Hoosiers. These ESOP retirement accounts hold total plan assets in excess of $11.7 Billion dollars. The total contributions reported in…
The National Center for Employee Ownership will be hosting an ESOP Nuts and Bolts: What you Need to Know about Employee Stock Ownership Plans on August 16, in Indianapolis. The Indiana Center for Employee Ownership will be attending this event also. The meeting will be hosted at one of Indiana’s Newest ESOPs BSA Life Structures.…
As President and CEO of INCEO, I am pleased to announce that the Indiana Center for Employee Ownership was recently recognized for our transparency with a 2018 Silver Seal on our GuideStar Nonprofit Profile! GuideStar is the world’s largest source of information on nonprofit organizations. More than 8 million visitors per year and a…
As you may have noticed, the INCEO Website has been off line since mid April. The why and how we were off-line is a bit complicated and I shant go into the long of it. Suffice to say that I am pleased to announce that the website has been relaunced as a WordPress site, hosting…