NYC non-profits see red . . . ink :(
Now, hundreds of programs are in jeopardy, many have already been eliminated, and some non-profit organizations are laying off staff and even facing having to close their doors forever, because these reimbursement funds have been frozen pending a Department of Investigations look into the recent corruption scandal, in which funds were being allocated to such worthy organizations as councilmembers’ family members, etc. Two non-profits for which my husband works (one as a volunteer treasurer, one as a paid accountant) are in serious financial straits because thousands of dollars of reimbursements have not been made for programming already presented to the public and paid for. (Full disclosure: My husband’s fee is dependent on receipt of grant moneys. We have no idea when, or even whether, he’ll be paid for accounting work performed since late last year.)
Our synagogue is awaiting reimbursement of over $30,000. By the time we get paid, we may already have been forced to sell our building, which was built less than a decade ago to replace a larger building that we could no longer afford, and move into a house. This is not a joke.
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