Wednesday, May 28, 2008

NY Legislators Concerned about Fancy Cars for Nonprofit Executives

One of the compensation perks for top executives at North Shore-Long Island Jewish Health System, in New York, is a car allowance - up to $600 a month.  As Alvin Besset, writing for Newsday, notes, the amount is not excessive and the executives and doctors pay the extra cost of driving a Porsche or a Range Rover.  But Elizabeth Moore writes, also in Newsday, that seeing hospital staff driving around in subsidized luxury cars, even on Long Island, has raised concerns, first among patients and now among state legislators.  As the economy falters, the idea that a nonprofit provides fancy cars for 80-90 members of its staff has upset members of the State Assembly's health committee.  They vowed to look into the compensation packages.  And patients were upset to learn that a treatment center would close for "cost efficiency" reasons while the nonprofit provides doctors and management with expensive cars.

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http://lawprofessors.typepad.com/nonprofit/2008/05/ny-legislators.html

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