nonprofit-scandal1.805 min read "Financial Mismanagement Sparks Investigations and Funding Halts in Rochester Nonprofit Sector"
The Community Resource Collaborative (CRC) in Rochester is under investigation and has had its funding temporarily suspended after the termination of its founder. The nonprofit's attorney has revealed that the new CEO discovered missing funds and sought legal assistance. The total amount missing is reportedly less than the $7 million initially reported, and the organization is awaiting the results of a forensic audit. The attorney highlighted the lack of financial safeguards and emphasized the need for a two-authorization system for accessing funds.
1 year ago•Source: 13WHAM-TV
