Nonprofit Research and Education Corporations (NPCs) - Annual Report, Remediation Plans & Assessment Questionnaires

Title 38 U.S.C. Section 7366, Accountability and Oversight, states “(b) each such corporation (NPC) shall submit to the Secretary (Department of Veterans Affairs (DVA)) an annual report providing a detailed statement of its operations, activities, and accomplishments during that year.” The individual NPC annual reports are combined into one NPC Annual Report to Congress. VA oversight of NPCs includes reviews, audits, self-assessments, and remediation plans. This information collection is used for oversight of NPCs and includes the following: The NPC Annual Report Template, VA Form 10-10073 Since 1988, when the enabling legislation for the NPCs was passed, annual reports have been obtained from each NPC and combined into an NPC Annual Report to Congress. Congress uses the combined NPC Annual Report to Congress to monitor the progress of the overall NPC program it created. The NPC Annual Report to Congress is also used by top-level VA executives to evaluate the program and to recommend changes where needed. VHA’s Nonprofit Oversight Board and the Nonprofit Program Office use both the combined NPC Annual Report to Congress and the individual NPC Annual Report Templates to monitor and oversee the NPCs. Trend analyses and other financial information are analyzed for each NPC and judgments made about each NPC’s progress, financial viability, stewardship of assets, and accomplishments. NPC Audit Actions Items Remediation Plans, VA Form 10-10073A The NPC Audit Action Items Remediation Plans information collection is used in to review the NPCs’ remedies for audit deficiencies and recommendations. The major object of the information collection is to help ensure that the proper corrective action is actually taken. If any of the remediation plans submitted are inadequate, then NPPO will make recommendations for sound, workable remedies. NPPO Internal Control Questionnaire, VA Form 10-10073B The NPPO Internal Control Questionnaire, or portions of it, will be used in conducting reviews, audits and investigations of the NPCs. The major object of the questionnaire is to uncover weaknesses and lapses in internal controls. NPPO will then make recommendations for improved internal controls wherever there are weaknesses or lapses. The questionnaire may also be used as a voluntary self-assessment by the NPCs. NPPO Operations Oversight Questionnaire, VA Form 10-10073C The NPPO Operations Oversight Questionnaire, or portions of it, will be used in conducting operational reviews of the NPCs. The major object of the questionnaire is to uncover operating problems and areas that need improvement. NPPO will then make recommendations for operations improvements wherever problems or opportunities for improvement are found. The questionnaire may also be used as a voluntary self-assessment by the NPCs.

The latest form for Nonprofit Research and Education Corporations (NPCs) - Annual Report, Remediation Plans & Assessment Questionnaires expires 2028-04-30 and can be found here.