New York Gov. Andrew Cuomo has created a task force to review executive and administrator compensation at non-profits that receive taxpayer support from the state, including health systems, according to a new release from the governor's office.
This action comes amidst reports that salaries and compensation packages for executives at some non-profits depending on state Medicaid funding were "startlingly excessive," the release said.
"Not-for-profits that provide services to the poor and the needy have a special obligation to the taxpayers that support them," Gov. Cuomo said in the release. "Executives at these not-for-profits should be using the taxpayer dollars they receive to help New Yorkers, not to line their own pockets. This task force will do a top-to-bottom review, not only to audit current compensation levels, but also to make recommendations for future rules to ensure taxpayer dollars are used to serve and support the people of this state, not pay for excessive salaries and compensation."
Read the release on executive compensation at New York non-profits.
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This action comes amidst reports that salaries and compensation packages for executives at some non-profits depending on state Medicaid funding were "startlingly excessive," the release said.
"Not-for-profits that provide services to the poor and the needy have a special obligation to the taxpayers that support them," Gov. Cuomo said in the release. "Executives at these not-for-profits should be using the taxpayer dollars they receive to help New Yorkers, not to line their own pockets. This task force will do a top-to-bottom review, not only to audit current compensation levels, but also to make recommendations for future rules to ensure taxpayer dollars are used to serve and support the people of this state, not pay for excessive salaries and compensation."
Read the release on executive compensation at New York non-profits.
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