May 27, 2012
N.Y. Will Soon Require Many Charities to Justify High CEO Pay
New state regulations in New York would force some charities that pay executives more than $199,000 to seek permission from the state to continue offering those salaries.
The state’s effort to rein in excessive compensation stopped short of a firm cap on salaries that charity executives had feared nine months ago when Gov. Andrew Cuomo appointed a committee to look into concerns that some charities had used state dollars to pay their executives high
Technology Guide 2013