Recent Transgressions Of Non-Profits

Over the last few months, the Boston Newspapers have been bountiful of transgressions by non-proifs and governmental agencies.  The three most important ar a) The compensation for non cabbage directors and executives at low bedevil - yeastlike ram demote and elsewhere  b) the operation of the Greenway articulate run a risk between the Commonwealth and the touch Boston based non-profit.   c) The Kennedy Family non profit and profit making Venezuela prone oil companies  and d) The operation od the Chelsea MA  (low   income)  Housing Authority.     occupy analyze these four situations and argue what boilersuit changes in  overall non-profit law and practice posit to be made so that the sector will act upon better in the future(a) sulky Cross Blue protect has been receiving a circuit of criticism recently ab break the measuring rod of gold being paid to directors salaries, and severing packages. Blue Cross is categorise as a nonprofit public char ity. It pays order and federal revenuees, and doesnt accept donations or grants. Prior to the valuate domesticize Act of 1986, organizations administering Blue Cross Blue Shield were task exempt under 501c4 as social eudaemonia plans. However, the task Reform Act of 1986 revoked that exemption because the plans sold commercial-type insurance.

They became 501(m) organizations, way out to federal tax revenueation but entitled to special tax benefits. Since then, Blue Cross has allowed its licensees to be considered for-profit corps, while some plans ar still considered not for profit. As a solution to the complaints, the brainpower unanimously voted to cut all pay to themselve s based on the recommendation of Attorney Ge! neral Martha Coakley. The board of directors who hold the positions break-dance time were being paid anywhere between $11,000 and $90,000 annually. down were also outraged at the $11 million rupture package that Cleve Killingsworth, the former Chief executive received. Current Blue Cross Chief executive Andrew Dreyfus acknowledged the problems in an extension and...If you want to get a full essay, order it on our website: OrderEssay.net

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