Doing business in the United States Virgin Islands requires corporations to file their annual corporate reports and franchise tax reports online. Supporting financial statements, such as a balance sheet and a profit and loss statement, must also be submitted annually on or before June 30. To set up a non-profit organization and become a tax-exempt entity, the incorporation process must be done through the office of the Secretary of State. Tax exemption is granted by the Internal Revenue Service (IRS).
For more information, you can read our “How to Start a Nonprofit Organization” pages. The Substance Abuse and Mental Health Services Administration (SAMHSA) provides funding and technical assistance to all 50 states, the District of Columbia, Puerto Rico, the US Virgin Islands, 6 Pacific jurisdictions, and 1 tribal entity. The Substance Abuse Block Grant (SABG) program is used to plan, implement, and evaluate activities that prevent and treat substance abuse and promote public health. The Mental Health Block Grant (MHBG) program provides comprehensive, community-based mental health services to adults with serious mental illnesses and children with severe emotional disorders.
The SAMHSA bases its state reference allocation calculations on the relative proportions of the population at risk, cost of services, fiscal capacity, and weighted population at risk index for both SABG and MHBG programs. Different statutory minimum allocations apply. State mental health authorities and individual state agencies can submit requests through the WebBGA electronic application system. Organizations must also have statutes that are a set of rules adopted to regulate its affairs and the behavior of its members.
If an organization does not agree with the final decision of the Agency Official (AO), it can appeal the decision to the Deputy Assistant Administrator, Office of Management or USAID designee. The resource standard cannot decrease with an increase in the number of people in the care unit. When indirect costs benefit an organization's core functions to approximately the same extent, they can be allocated by separating total costs into direct or indirect costs for a base period and dividing total allowable indirect costs by an equitable distribution basis. Deducting resources that would be deducted to determine eligibility under state plans such as OAA, AFDC, AB, APTD or AABD or under least restrictive state financial methodology specified in state Medicaid plan is also necessary.
The agency must provide Medicaid eligibility in the same manner described to a child born to a qualified foreign woman who meets residency, income and resource requirements, has been determined eligible for Medicaid on date of birth, and is still (or would remain if pregnant) Medicaid eligible aid. Financial responsibility requirements and methodologies include considering income and resources of parents or spouses whose income and resources would be considered if person under 21 years of age depended under AfDC plan approved by state regardless of whether they actually contributed or not. When indirect costs benefit an organization's core functions to varying degrees, they must be accumulated in separate indirect cost funds. Generally, an organization uses final indirect cost rates of previous year as new interim rates until they are modified when it considers that final rates represent reasonable estimate of actual rates expected for next year. A predetermined rate can be negotiated for use in federal awards when there are reasonable guarantees based on past experience and reliable data. Setting up a non-profit organization in the US Virgin Islands requires corporations to file their annual corporate reports and franchise tax reports online.
To become a tax-exempt entity, incorporation must be done through the office of the Secretary of State while tax exemption is granted by the Internal Revenue Service (IRS). The Substance Abuse Block Grant (SABG) program is used to plan, implement, and evaluate activities that prevent and treat substance abuse. The Mental Health Block Grant (MHBG) program provides comprehensive mental health services to adults with serious mental illnesses and children with severe emotional disorders. Deducting resources that would be deducted to determine eligibility under state plans such as OAA, AFDC, AB, APTD or AABD or under least restrictive state financial methodology specified in state Medicaid plan is also necessary. When indirect costs benefit an organization's core functions to approximately the same extent, they can be allocated by separating total costs into direct or indirect costs for a base period and dividing total allowable indirect costs by an equitable distribution basis.
When indirect costs benefit an organization's core functions to varying degrees, they must be accumulated in separate indirect cost funds. Generally, an organization uses final indirect cost rates of previous year as new interim rates until they are modified when it considers that final rates represent reasonable estimate of actual rates expected for next year. The SAMHSA bases its state reference allocation calculations on the relative proportions of the population at risk, cost of services, fiscal capacity, and weighted population at risk index for both SABG and MHBG programs. Different statutory minimum allocations apply while state mental health authorities can submit requests through the WebBGA electronic application system. If an organization does not agree with the final decision of the Agency Official (AO), it can appeal the decision to the Deputy Assistant Administrator or USAID designee. The agency must provide Medicaid eligibility in the same manner described to a child born to a qualified foreign woman who meets residency, income and resource requirements.
Financial responsibility requirements include considering income and resources of parents or spouses whose income and resources would be considered if person under 21 years of age depended under AfDC plan approved by state regardless of whether they actually contributed or not. A predetermined rate can be negotiated for use in federal awards when there are reasonable guarantees based on past experience and reliable data. The resource standard cannot decrease with an increase in the number of people in the care unit.
