Jamie Rapps

Partner, Grassi

Jaime Rapps is a Partner at Grassi and brings almost 15 years of audit, accounting and tax experience to his role. As a member of the firm’s Nonprofit and Healthcare Practices, he specializes in financial reporting, audits, reviews, compilations and tax work for clients in these industries. 

Jaime advises various nonprofit and healthcare organizations on financial, operational and compliance matters. He has extensive experience auditing and advising libraries, museums, private and charter schools and charitable organizations. 

Jaime’s expertise extends to OMB Uniform Guidance (formerly A-133) compliance and pension plan audits. His experience also includes audit and consulting services for housing companies. He advises multifamily HUD housing projects on Section 8 and Section 202 compliance and on low-income housing tax credits. 

Within the healthcare industry, Jaime primarily focuses on consulting, audits and accounting for nursing homes and their ancillary companies, including landholding companies, staffing agencies, pharmacies and management companies. He has audited assisted living and adult day care programs and advised skilled nursing facilities on HUD audits and cost report audits. 

Jaime is also knowledgeable about ownership transitions and mergers and acquisitions, providing M&A accounting and consulting services to guide his clients through the complexities of transactions. 

Before joining Grassi, Jaime specialized in nonprofit and healthcare accounting, as well as tax and consulting services, at two mid-sized public accounting firms. 

Jaime is a member of the American Institute of Certified Public Accountants (AICPA), the New York State Society of Certified Public Accountants (NYCPA) and the New Jersey Society of Certified Public Accountants (NJSCPA). He received his Bachelor of Science in accounting from Yeshiva University.