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Message
EBRP CAO Darryl Gissel unconcerned with problems at non profit
Posted on 8/9/18 at 5:05 am
Posted on 8/9/18 at 5:05 am
Nothing says reckless spending like Darryl Gissel and EBRP metro Council.
Hey, they need more taxes guys remember we can trust them.
Our group of special people who spend our money like it grows on trees and ask for more taxes is at it again.
They agreed to give more than $500,000 in federal money earmarked for HIV/AIDS services to the Open Health Care Clinic, which has been the subject of negative press recently over the nonprofit CEO’s compensation package.tro council.
. CEO Tim Young, whose compensation package last year exceeded $207,000 according to the agency’s most recent audit, had created an agreement with his board to pocket a percentage of major donations that were made to the HIV nonprofit.
Best of all he did not break any laws guys coming from a lawyer hired by the board. Come on he is a good boy. No red flags here guys move on nothing to see.
A lawyer hired by the board that previously approved Young’s compensation plan recently found that the board and Young had not broken laws with the arrangement.
No checks and balances by Darryl Gissel who ran for Mayor -President last time around and lost.
Our EBRP CAO in action being good Stewards of our money.
When Councilman Dwight Hudson asked City Hall officials about the issue Wednesday, city-parish Chief Administrative Officer Darryl Gissel said the city-parish was unconcerned with the internal problems at the nonprofit.
LINK
Hey, they need more taxes guys remember we can trust them.
Our group of special people who spend our money like it grows on trees and ask for more taxes is at it again.
They agreed to give more than $500,000 in federal money earmarked for HIV/AIDS services to the Open Health Care Clinic, which has been the subject of negative press recently over the nonprofit CEO’s compensation package.tro council.
. CEO Tim Young, whose compensation package last year exceeded $207,000 according to the agency’s most recent audit, had created an agreement with his board to pocket a percentage of major donations that were made to the HIV nonprofit.
Best of all he did not break any laws guys coming from a lawyer hired by the board. Come on he is a good boy. No red flags here guys move on nothing to see.
A lawyer hired by the board that previously approved Young’s compensation plan recently found that the board and Young had not broken laws with the arrangement.
No checks and balances by Darryl Gissel who ran for Mayor -President last time around and lost.
Our EBRP CAO in action being good Stewards of our money.
When Councilman Dwight Hudson asked City Hall officials about the issue Wednesday, city-parish Chief Administrative Officer Darryl Gissel said the city-parish was unconcerned with the internal problems at the nonprofit.
LINK
This post was edited on 8/9/18 at 5:43 am
4
Posted on 8/9/18 at 5:23 am to johnnyrocket
Crime pays....
Especially if you get elected.
Especially if you get elected.
Posted on 8/9/18 at 5:37 am to johnnyrocket
There are so many misconceptions here it's hard to know where to start.
It's "reckless" spending. "Wreckless" implies there are no wrecks.
This is completely legal. Notice that they were audited and nothing was deemed inappropriate.
Contrary to popular belief, it is entirely legal for nonprofits to make a profit and pay the CEO lots of money. The word "nonprofit" means the agency can't sell a share of profit to outsiders to raise money. It does not mean they can't make a profit.
stewards
One last thing - any entity that receives a federal grant of $500k or more is subject to a special kind of audit called a "Single Audit" to ensure nothing funny is going on. They clearly passed that audit.
Yes, this is legal. And some dumbfricks who don't know any better are up in arms over it.
quote:
wreckless spending
It's "reckless" spending. "Wreckless" implies there are no wrecks.
quote:
CEO Tim Young, whose compensation package last year exceeded $207,000 according to the agency’s most recent audit, had created an agreement with his board to pocket a percentage of major donations that were made to the HIV nonprofit.
This is completely legal. Notice that they were audited and nothing was deemed inappropriate.
Contrary to popular belief, it is entirely legal for nonprofits to make a profit and pay the CEO lots of money. The word "nonprofit" means the agency can't sell a share of profit to outsiders to raise money. It does not mean they can't make a profit.
quote:
good Stewarts of our money.
stewards
One last thing - any entity that receives a federal grant of $500k or more is subject to a special kind of audit called a "Single Audit" to ensure nothing funny is going on. They clearly passed that audit.
Yes, this is legal. And some dumbfricks who don't know any better are up in arms over it.
Posted on 8/9/18 at 5:44 am to foshizzle
Did you miss the part where several members of the Board of the non-profit resigned and published a letter warning of serious behind the scenes shenanigans with this CEO? But don’t worry, the lawyer he hired to look into it found he did nothing wrong. Nothing to see here, move along.
ETA. The general lack of proper grammar and spelling is so bad on the OT that I mostly read through it these days but that in now way excuses its ubiquity. OP, clean your shite up.
ETA. The general lack of proper grammar and spelling is so bad on the OT that I mostly read through it these days but that in now way excuses its ubiquity. OP, clean your shite up.
This post was edited on 8/9/18 at 5:50 am
Posted on 8/9/18 at 5:44 am to foshizzle
Excellant points foshizzle.
Or should we just call you Tim Young?
Or should we just call you Tim Young?
Posted on 8/9/18 at 5:47 am to foshizzle
So as a non profit a CEO can make a commission off the money he raises?
If a CEO or anyone working for a nonprofit receives a spiff or commissions on the donations that person brings in it should be disclosed in the public records.
If the organization is making money why do the need federal funding? Seems to me they are doing alright if a CEO is making over $200,000 a year.
Seems like running a nonprofit is more lucrative than working in the private sector especially in EBRP.
Hey guys let’s vote for more taxes as the EBRP Government does not have enough money to spend responsibly “wink wink” even if it is federal dollars under their control.
If a CEO or anyone working for a nonprofit receives a spiff or commissions on the donations that person brings in it should be disclosed in the public records.
If the organization is making money why do the need federal funding? Seems to me they are doing alright if a CEO is making over $200,000 a year.
Seems like running a nonprofit is more lucrative than working in the private sector especially in EBRP.
Hey guys let’s vote for more taxes as the EBRP Government does not have enough money to spend responsibly “wink wink” even if it is federal dollars under their control.
This post was edited on 8/9/18 at 7:08 am
Posted on 8/9/18 at 5:44 pm to jbgleason
quote:
Did you miss the part where several members of the Board of the non-profit resigned and published a letter warning of serious behind the scenes shenanigans with this CEO?
Yes I did miss that. Where did the OP mention it? All I saw was that he thinks the CEO of a nonprofit making $200k is bizarre. Of course, it is not since nonprofits can make as much profit as they are able.
Posted on 8/9/18 at 5:48 pm to johnnyrocket
quote:
So as a non profit a CEO can make a commission off the money he raises?
Absolutely.
quote:
If the organization is making money why do the need federal funding?
Why wouldn't they try to get more money, needed or not? I sure as hell am not turning away free money.
Grant money must be spent in fulfillment of the purpose of the grant. But if you get that grant money then you can free up cash flow to other things you want to spend money on, even sending kids with cancer to Aruba accompanied by the CEO and his wife of course.
quote:
Seems like running a nonprofit is more lucrative than working in the private sector especially in EBRP.
It certainly can be lucrative. Any organization that wants to remain in existence for very long must be profitable. If you aren't profitable over the long haul, you are called "bankrupt". A nonprofit is just an entity that can't sell a share of profit to raise money.
A good example of a nonprofit where senior management makes tons of money is ... LSU. Or any other public university for that matter. But it's a nonprofit because it is impossible to buy shares of stock in LSU to get a share of profit, not because LSU and it's top people can't make millions.
This post was edited on 8/9/18 at 5:58 pm
Posted on 8/9/18 at 6:03 pm to foshizzle
quote:
But it's a nonprofit because it is impossible to buy shares of stock in LSU to get a share of profit,
That’s not the definition of a non-profit. That’s the definition of a privately held company. You can’t buy shares of my company and I sure as hell am trying hard to not be a non-profit. LoL. A non-profit just means that all revenues go towards fulfilling the mission of the organization. Staff salaries, marketing, fundraisers, etc are part of that. What makes it a non-profit is that, at the end of the year if there is money left over the CEO or the Board doesn’t get to split it up and take it home. It goes into the bank to be used the following year.
Posted on 8/9/18 at 6:10 pm to foshizzle
quote:
foshizzle
As long as "we didn't break the law" is your goal, then you are correct sir. However, I would hope that the city would be smarter than to partner with such entities.
It's a bad look. But they may not care, and I don't live in BR, so I don't really care either.
Posted on 8/9/18 at 6:49 pm to jbgleason
quote:
That’s not the definition of a non-profit. That’s the definition of a privately held company. You can’t buy shares of my company
It's very much the definition of a nonprofit.
I can't buy shares of your company's future profit because you aren't offering them for sale. But you legally could if you wanted to.
Posted on 8/9/18 at 7:06 pm to foshizzle
You could stay in business forever and not realize a profit.
Posted on 8/9/18 at 7:12 pm to johnnyrocket
Nothing makes someone seem mentally unhinged like a bunch of random bold statements sprinkled throughout a poorly punctuated post.
Posted on 8/9/18 at 7:34 pm to urinetrouble
I guess I am unhinged as a business owner who pays a lot of property, inventory, payroll, and other taxes to see people like this prick flush it down the toilet. Yes, most Non profits in this parish seem to do a good job of flushing money down the drain while the cause for the foundation goes unfulfilled.
You also have a EBRP CAO Darryl Gissel, who as a public employee that should be protecting tax dollars not even giving a flip.
Only one metro council members stands up to ask questions when all of them should be asking questions about how our tax dollars are spent. Nothing is done to protect the tax payer.
Then at the same meeting the same metro council voted to put a 30 yr sales tax and a property tax on the ballot. The reason why is they do not have enough money to fulfill basic services.
It seems like we have the money, we just need to do away with the non profits that suck up the money.
You also have a EBRP CAO Darryl Gissel, who as a public employee that should be protecting tax dollars not even giving a flip.
Only one metro council members stands up to ask questions when all of them should be asking questions about how our tax dollars are spent. Nothing is done to protect the tax payer.
Then at the same meeting the same metro council voted to put a 30 yr sales tax and a property tax on the ballot. The reason why is they do not have enough money to fulfill basic services.
It seems like we have the money, we just need to do away with the non profits that suck up the money.
This post was edited on 8/10/18 at 9:09 am
Posted on 8/9/18 at 7:44 pm to foshizzle
[quote]It's very much the definition of a nonprofit.
I can't buy shares[/quote
Being able to buy shares in something has nothing to do with it being a non-profit. Just because you can or can’t buy shares in it doesn’t define it as a non-profit.
It is exactly what I said it is. See below definition and tell me where it discusses buying stock or shares.
A nonprofit organization (NPO), also known as a non-business entity[1] or nonprofit institution,[2] is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings.
I can't buy shares[/quote
Being able to buy shares in something has nothing to do with it being a non-profit. Just because you can or can’t buy shares in it doesn’t define it as a non-profit.
It is exactly what I said it is. See below definition and tell me where it discusses buying stock or shares.
A nonprofit organization (NPO), also known as a non-business entity[1] or nonprofit institution,[2] is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings.
Posted on 8/9/18 at 7:48 pm to jbgleason
Correct.
They also can get around the law in EBRP example Council on Aging, this group that suppose to fight aids, and downtown redevelopment district.
They are not held accountable to anyone.
They rip the taxpayers off by only taking a small percentage of the money coming in to go toward the cause.
They also can get around the law in EBRP example Council on Aging, this group that suppose to fight aids, and downtown redevelopment district.
They are not held accountable to anyone.
They rip the taxpayers off by only taking a small percentage of the money coming in to go toward the cause.
Posted on 8/9/18 at 8:12 pm to jbgleason
quote:
It is exactly what I said it is. See below definition and tell me where it discusses buying stock or shares.
A nonprofit organization (NPO), also known as a non-business entity[1] or nonprofit institution,[2] is dedicated to furthering a particular social cause or advocating for a shared point of view.
What is your source? Does it have legal authority?
quote:
Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization.
LOL.
There are plenty of nonprofits that are not tax exempt.
Posted on 8/9/18 at 8:27 pm to foshizzle
quote:
There are plenty of nonprofits that are not tax exempt
How are they taxed?
Posted on 8/10/18 at 7:57 am to doubleb
quote:
How are they taxed?
I assume you're referring to income tax, of course there are other taxes everyone pays such as sales taxes, import duties, etc.
But they're taxed like any other entity. If they happen to make money that year, they owe income tax. If they lose money, they can carry the loss forward against future earnings.
But nonprofits don't have to be charitable or work for "the common good" (whatever that is). Trade associations are nonprofits. Professional sports leagues are too.
The NFL, for example, is a nonprofit. It actually doesn't make much money either, believe it or not. They take in billions in revenue and hand it over to the teams. The individual teams make all the profit (and are taxed accordingly) but not the league itself. In fact, until recently the NFL was tax exempt but gave it up voluntarily. It turned out it wasn't saving them much money, was a PR headache, and last (but not least) then they could stop disclosing how much money the commissioner makes.
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