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ARTICLE · 22 SEPTEMBER 2011

State Of New York Forms Task Force Targeting Excessive Compensation At Nonprofits

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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The Governor of New York has taken a strong and outspoken stance aimed at placing those with the largest paychecks at institutional nonprofits under a microscope. Governor Cuomo’s newly formed Task Force on Not-For-Profit Entities will be conducting a review of current compensation levels of not-for-profit organizations that have received funds from the State of New York.

United StatesEmployment and HR
Tyrone Thomas
Tyrone Thomas
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The Governor of New York has taken a strong and outspoken stance aimed at placing those with the largest paychecks at institutional nonprofits under a microscope. Governor Cuomo's newly formed Task Force on Not-For-Profit Entities will be conducting a review of current compensation levels of not-for-profit organizations that have received funds from the State of New York.

The first action by the Task Force was the recent issuance of a data request to the boards of several not-for-profit organizations, the responses to which must be submitted to the Task Force by no later than September 15. Other organizations will also receive such requests in the near future. While some not-for-profit organizations will be excluded from these rolling requests for information, institutions which are in the areas of health care and higher education will likely be featured in the spotlight.

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