"Financial Mismanagement Sparks Investigations and Funding Halts in Rochester Nonprofit Sector"

TL;DR Summary
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.
Topics:nation#community-resource-collaborative#investigation#misappropriation-of-funds#nonprofit-scandal#rochester
- Founder of Rochester nonprofit fired following alleged misappropriation of funds 13WHAM-TV
- Monroe County pauses payments to Neighborhood Collaborative Project Democrat & Chronicle
- Community project issues statement after halt of ARPA funding for nonprofit RochesterFirst
- Monroe County investigating outreach group's handling of $1M in COVID relief funds WXXI News
- Monroe County legislators from both parties call for independent investigation into CRC News10NBC
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