June 12, 2011

Non-profit board compensation

About a month or two ago people were enraged, rightfully so, when they heard the compensation amounts being paid to board members on non-profit HMO boards like Blue Cross.  

Let me ask this.  What is the difference between that and a non-profit entity manipulating there non-profit status to assist for profit developers to obtain EPA brownfields clean-up monies as a grant (that does not have to be paid back) versus a loan?

Let me ask this also.  How can any for profit developer compete with another for profit developer when that developer has a non-profit entity in their back pocket that will help them access $300,000 of clean-up funds from the EPA as a grant?

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