Not-for-Profit Board Governance & Compliance Update

As a key player in the nonprofit community, New York recently took big steps to combat bad habits and under-supported initiatives and regulations. In a recent report drafted by the Leadership Committee for Nonprofit Revitalization (“Committee”) and released by New York Attorney General Eric T. Schneiderman (“Attorney General”), among all issues addressed, strengthening board governance and accountability seemed to be the elephant in the room.

Adam Reiss, CPA and Citrin Cooperman’s  Practice Leader of the firms Not-for-Profit Organizations and Employee Benefit Plans Practices has addressed the two initiatives designed around improvement of board governance and developed an “Annual Board Governance and Compliance Checklist”.  To review this article and check list click here.