Dick Locastro

Partner | Gelman, Rosenberg & Freedman

Mr. Locastro has worked in public accounting since 1986, including six years in the tax offices of Big Four firms. His clients include private foundations, colleges, universities, healthcare organizations, museums and other large nonprofit institutions. He has extensive experience assisting clients with unrelated business income tax analysis, private foundation excise taxes, Form 990 and Form 990- T preparation and presentation, intermediate sanctions analysis, payments to and from controlled subsidiaries, nonresident alien withholding and reporting requirements, foreign grantees withholding requirements, IRS dispute resolution, exemption application assistance and private letter ruling request submissions.

Mr. Locastro oversees the firm's team of tax professionals who provide consulting and tax compliance services to more than 600 nonprofit organizations. He coordinates tax planning, consulting services, return preparation and representation on IRS audits, and frequently speaks at national conferences.

Professional Affiliations:

American Institute of Certified Public Accountants, Chairman, Tax Division Technical Resource Panel (TRP) for Exempt Organizations
Maryland Association of CPAs,
Greater Washington Society of CPAs, Member
Le Moyne College Board of Regents


Identifying and analyzing unrelated business income and completing Form 990-T continues to be a challenge, especially in light of changes brought about by TCJA. This session will use real life More

Tax reform resulted in compliance changes and challenges for many not-for-profit organizations. Some organizations are filing the Form 990-T for the first time ever, to report unrelated business More

This unplugged session will utilize small groups to analyze a mock 990 and evaluate the impact of the Form on Board members, donors, regulators, and charity watchdogs. Small Group findings will More