Nonprofit Executive Pay Caps Implemented in NYS

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 5. August 2013 10:03
On July 1, 2013, New York State Governor Cuomo's Executive Order #38, designed to "prevent public funds from being diverted to excessive compensation and unnecessary administrative costs, and ... ensure that taxpayer dollars are being used to help New Yorkers in need," was implemented. EO #38 now puts limits on reimbursements for administrative costs and executive compensation that come from state-provided funds. [More]