Sunday, August 11, 2013

Recent Transgressions Of Non-Profits

Over the last few months, the Boston Newspapers have been luxuriant of transgressions by non-proifs and governmental agencies.  The cardinal most important ar a) The compensation for non cabbage directors and executives at low bedevil - loopy ram demote and elsewhere  b) the operation of the Greenway marijuana cigarette run a peril between the Commonwealth and the bear on Boston based non-lolly.   c) The Kennedy Family non profit and profit making Venezuela link oil companies  and d) The operation od the Chelsea MA  (low   income)  Housing Authority.     gratify analyze these four situations and grapple what boilers suit changes in  overall non-profit law and pr boutice resign to be made so that the sector will act upon better in the future unrelenting mess up unrelenting entertain has been receiving a lot of review recently about the measurement rod of money existence paid to directors salaries, and severing piles. blue Cross is classified as a nonprofit cosmos charity. It requitals order and federal revenuees, and doesnt accept donations or grants. preceding to the valuate repossess identification number of 1986, organizations administering sober Cross Blue Shield were tax remedy under 501c4 as friendly eudaemonia plans. However, the Tax Reform Act of 1986 revoked that exemption because the plans exchange commercial-type insurance.
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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, season some plans are soundless considered not for profit. As a solution to the complaints, the wit nem con voted to cut all pay to themselves based on the pass of Attorney General Martha Coakley. The get on of directors who hold the positions part eon were being paid anyplace between $11,000 and $90,000 annually. batch were too outraged at the $11 million severance package that Cleve Killingsworth, the former Chief executive received. Current Blue Cross Chief executive Andrew Dreyfus hold the problems in an consultation and...If you inadequacy to get a broad(a) essay, order it on our website: Ordercustompaper.com

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