Thursday, January 21, 2010

Comptroller Questions, Nonprofits Respond

Last week NYCON was asked to provide feedback to the Comptroller's Office on how late New York State contracts and payments were affecting real nonprofits in the community. NYCON has already collected almost 250 responses - and more nonprofits are responding every day.
• 66% of nonprofits responding said they currently have a line of credit
• 66% of nonprofits responding said that they had borrowed money because of delayed government contracts and/or payments in the last two years.

Well over 100 comments were also submitted to the Comptroller´s Office. Click here for a sampling of these comments (a full list will be posted soon on the NYCON website.) Still want to add your feedback? Click here for the survey.

Want to know what else you can do? The Comptroller's Office will be holding nonprofit forums around New York State soon. NYCON will inform our members when those forums are scheduled.

Membership Benefits Corner: Special Package Offers on Bylaws, Personnel Policy Reviews and more...
Bylaw & Personnel Policy Reviews
Whether you are a newly created organization or a long standing one, risk management is the keystone for good governance of your organization. Two important tools for protection of your organization from mission killing liability and litigation is the creation and annual review of corporate bylaws and personnel policies. Our attorneys and legal staff will dissect your corporate documents and review same for legal pitfalls, returning same to you with revision comments and "best practice" advice within 30 days.
A Bylaw Review is $500.
A Personnel Policy Review is $700.
A Package price for both is only $1,000.
Interested? Click here and let us know and we´ll have one of our legal staff get back to you to start the process!

Corporate Document Review
Another important element of risk management is the maintenance of the proper form of corporate existence. Our attorneys and legal staff will analyze your Certificate of Incorporation, and any Amendments for consistency between them and your internal corporate documents and Bylaws, returning the same to you with revision comments and "best practice" advice within 15 days.
A Corporate Document Review is $300.00.
Interested? Click here and let us know and we´ll have one of our legal staff get back to you to start the process!

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