Recent Transgressions Of Non-Profits

Over the last few months, the Boston Newspapers have been lavish 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 - zesty ram demote and elsewhere  b) the operation of the Greenway joint run a risk between the Commonwealth and the affected Boston based non-profit.   c) The Kennedy Family non profit and profit making Venezuela attached oil companies  and d) The operation od the Chelsea MA  (low   income)  Housing Authority.

   Please analyze these four situations and argue what overall changes in  overall non-profit law and practice posit to be made so that the sector will act upon better in the future

Blue Cross Blue protect has been receiving a lot of criticism recently about the measuring rod of money being paid to directors salaries, and severing packages. Blue Cross is classified as a nonprofit public charity. It pays order and federal revenuees, and doesnt accept donations or grants. Prior to the valuate Reform Act of 1986, organizations administering Blue Cross Blue Shield were tax exempt under 501c4 as social eudaemonia plans. However, the Tax Reform Act of 1986 revoked that exemption because the plans sold commercial-type insurance.



They became 501(m) organizations, way out to federal taxation but entitled to special tax benefits. Since then, Blue Cross has allowed its licensees to be considered for-profit corps, while some plans are still considered not for profit.
As a solution to the complaints, the wit unanimously voted to cut all pay to themselves based on the recommendation of Attorney General Martha Coakley. The board of directors who hold the positions part time were being paid anywhere between $11,000 and $90,000 annually. batch were also outraged at the $11 million severance package that Cleve Killingsworth, the former Chief executive received. Current Blue Cross Chief executive Andrew Dreyfus acknowledged the problems in an consultation and...If you want to get a full essay, order it on our website: Ordercustompaper.com



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