Friday, August 12, 2011
The Nonprofit Quarterly | @npquarterly | Using Scandal to Make a Point: Cuomo and Nonprofit Executive Salaries
The Nonprofit Quarterly | @npquarterly | Using Scandal to Make a Point: Cuomo and Nonprofit Executive Salaries: "August 10, 2011; Source: Crain's New York | There is no question that the State of New York had plenty of evidence to raise questions about the million-dollar salaries paid to the two brothers running the Young Adult Institute. Governor Andrew Cuomo quickly followed up on a New York Times article about YAI's Levy brothers to create a task force to establish salary guidelines for nonprofits receiving Medicaid funds. In our Newswire coverage of the story NPQ suggested that the state might want to aim equal scrutiny at the salaries (and profits) of YAI's for-profit competitors. Abuse of Medicaid, as the public knows all too well, is hardly a problem limited to the nonprofit sector."