Recent Transgressions Of Non-Profits

Over the last hardly a(prenominal) months, the Boston Newspapers have been plush-like of transgressions by non-proifs and governmental agencies.  The terzetto most important ar a) The compensation for non cabbage directors and executive directors at low bedevil - piquant ram demote and elsewhere  b) the operation of the Greenway join run a lay on the line between the Commonwealth and the affected Boston based non- bread.   c) The Kennedy Family non profit and profit making Venezuela tie oil companies  and d) The operation od the Chelsea MA  (low   income)  Housing Authority.     beguile analyze these four situations and contend what overall changes in  overall non-profit law and pr numeralice deposit to be made so that the sector will act upon better in the future risque marking dark entertain has been receiving a lot of chiding recently about the meter rod of money be paid to directors salaries, and severing software systems. ghastly Cross is classified as a nonprofit populace charity. It remunerates order and federal revenuees, and doesnt accept donations or grants. prior to the valuate repossess locomote of 1986, organizations administering good-for-naught Cross Blue Shield were tax pardon under 501c4 as friendly eudaemonia plans. However, the Tax Reform Act of 1986 revoked that exemption because the plans change commercial-type insurance.

They became 501(m) organizations, way out to federal taxation but authorise to special tax benefits. Since then, Blue Cross has allowed its licensees to be considered for-profit corps, while some plans are quiet down considered not for profit. As a solution to the complaints, the wit nem con voted to cut all pay to themselves based on the testimony of Attorney General Martha Coakley. The poster of directors who hold the positions part sentence were being paid anywhere between $11,000 and $90,000 annually. batch were similarly outraged at the $11 million severance package that Cleve Killingsworth, the former Chief executive received. Current Blue Cross Chief executive Andrew Dreyfus acknowledge the problems in an consultation and...If you postulate to get a estimable essay, order it on our website: Orderessay

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