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Sponsorships Received

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    Posted by: Denise A. Schroeder, Pines Village Retirement Communities, Inc.

    Date: April 17, 2015 12:47 PM

    We hosted a community event and sold tickets which offsets expenses but are sponsorships for the event considered offsetting revenue?
    Appreciate any assistance with this.
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    Response: Elisabeth Lucas, The Valley Hospital
    Date: April 21, 2015 9:14 AM
    Hi Denise,
    Yes, I would count any money you bring in as offsetting revenue. With that said, since you are selling tickets, is your event open to “all”? Fees for programs can serve as a barrier to access so I would just make sure your event meets the community benefit objectives. Feel free to email or call me if you have any questions.
    Sincerely,
    Liz
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