The ESOP Association
ESOP Association Resources
Nov. 14
I’m sure you won’t be surprised when I make the statement “ESOPs are unique”. An ESOP is not like other privately held companies, and it’s definitely not like a publicly traded company. This is because ESOP employees are not just employees, they are also owners. Owners expect (and deserve) different things from their company and likewise, the company should expect a different level of engagement when sharing ownership.
Nov. 09
SYNTHETIC EQUITY SERIES – PART THREE OF THREE
This is the third in a series of articles covering components of the Internal Revenue Code (“IRC”) Section 409(p) test, which is specific to S-corporation ESOPs. The first article discussed the items required for the test, one of which is information on any outstanding synthetic equity awards. The second article defined and described common forms of synthetic equity for 409(p) purposes. We recommend that you review these two articles before proceeding, as this article presumes knowledge of the concepts discussed in them.
This is the third in a series of articles covering components of the Internal Revenue Code (“IRC”) Section 409(p) test, which is specific to S-corporation ESOPs. The first article discussed the items required for the test, one of which is information on any outstanding synthetic equity awards. The second article defined and described common forms of synthetic equity for 409(p) purposes. We recommend that you review these two articles before proceeding, as this article presumes knowledge of the concepts discussed in them.
Nov. 07
Happy Employee Ownership Month! It’s a special time for a special community. Employee owners nationwide celebrate with tremendous pride. It’s a great time to reflect on the 11 million-plus employee owners in America who not only enjoy the individual benefits that accompany employee ownership, but also the contributions to communities and the social good that employee ownership adds. We know we have a cause worth celebrating but also one – in the very nature of employee ownership – worth sharing.
Nov. 02
From Oregon to Massachusetts and from Minnesota to Florida, TEA’s Chapter team logged some serious miles in October, hosting chapter and regional fall conferences across America.
Dec. 21
Don't miss the final edition of the ESOP Report for 2020. The ESOP Report: The voice of the ESOP Association | Serving the entire ESOP Community.
Dec. 03
The ESOP Association and the Employee Ownership Foundation are now located in our new headquarters!
Dec. 01
Economist Jared Bernstein has been selected to serve on by President-Elect Joseph Biden’s Council of Economic Advisors. Bernstein previously served as the chief economist to Biden during his tenure as Vice President in the Obama Administration. For ESOP companies, the move is particularly good news because Bernstein is very familiar with ESOPs and the benefits they provide.
ESOP Blog, Resource
Apr. 24
At Entertainment Partners, with our 1,100 employee owners spread out across more than 10 locations nationwide, we rely heavily on technology to help us communicate and connect with each other. To us, “social media” encompasses any technology that enables us to create and share content and make those connections. It could be software specifically geared toward fostering collaboration in the workplace or it could be the same website you use to share hilarious cat videos or that perfectly angled selfie.
Resource, Press Releases
Apr. 15
Gardener’s Supply Company of Burlington, VT, has been named the 2018 ESOP Company of the Year by The ESOP Association. The announcement was made at The Association’s Annual Conference.
“Gardener’s Supply is a prime example of an ESOP company that actively engages its employee owners, the employee ownership community, and elected officials at the state and federal levels,” said ESOP Association President J. Michael Keeling. “Its commitment to sharing with others the power of ESOPs is an example all ESOP companies can proudly seek to replicate.”
“Gardener’s Supply is a prime example of an ESOP company that actively engages its employee owners, the employee ownership community, and elected officials at the state and federal levels,” said ESOP Association President J. Michael Keeling. “Its commitment to sharing with others the power of ESOPs is an example all ESOP companies can proudly seek to replicate.”