New Resources for Employee Ownership Month

Employee Ownership Month provides us with an opportunity to celebrate, reward, and educate employee-owners and the companies they work for. Stepping back, it’s helpful to understand the history behind the celebration and why it matters today.

Apis & Heritage Releases First Annual Impact Report

Apis & Heritage Capital Partners (A&H), a middle-market mezzanine debt firm with the mission of closing the racial wealth gap using employee ownership, has released its first annual impact report, highlighting some of the successes of its initia

Nominations Being Accepted for NCEO Board of Directors

Annual elections for our board of directors will take place in January, and NCEO members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 8.  

Clarification on the Recent IRS Press Release

Our friends at the Employee-Owned S Corporations of America (or ESCA) have reported that they've had constructive dialogue with the IRS regarding their recent press release on ESOPs

PaCEO Launches Multi-Channel Outreach Campaign

On September 5, the Pennsylvania Center for Employee Ownership (PaCEO), in conjunction with the Pittsburgh City Council and the Heinz Endowments, launched the U.S.’s first citywide task force on employee ownership.

The First 100 Days of the NCEOX Initiative

It has been just over 100 days since the Employee Ownership Expansion Network and the National Center for Employee Ownership announced the official collaboration of our organizations at the NCEO conferen

Reflections on the 2023 National Employee-Owner Summit

Last week, I had the opportunity to attend the first day of the 2023 National Employee-Owner Summit in Downers Grove, Illinois. The two-day event, which is a collaboration between the NCEO and the OEOC (Ohio Employee Ownership Center), is moderated by the OEOC and offers non-managerial employee-owners the opportunity to learn from and interact with their peers from other ESOP companies through informational sessions, structured exercises, small group discussions, and even games.

DOL Commits to Proposed ESOP Valuation Regulations by End of 2023

ESOP advocates have long urged the Department of Labor (DOL) to establish clear guidelines for adequate consideration requirements in ESOP transactions. Today, Bloomberg Law reported that DOL Assistant Secretary for Employee Benefits Security Lisa Gomez stated that proposed regulations on the ESOP adequate consideration requirements will be issued by year’s end.

The IRS, ESOPs, and the Greater Good

On August 9, the IRS issued a press release warning about tax avoidance in employee stock ownership plan (ESOP) transactions.