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Op-Ed: Crain’s, How the mayor can save nonprofits hired by the city

Mar 30, 2017 2:24PM

Five ways de Blasio can rescue a sector struggling under government contracts

By John MacIntosh

On the radio last week Mayor Bill de Blasio said the city is having a “very honest, internal conversation to figure out what we can do for the nonprofit sector” in his upcoming executive budget. I hope he knows the dire circumstances facing nonprofits in the city.

Many nonprofits are already on the edge. More than 10% are insolvent (18% in human services) and almost half have virtually no cash and limited access to credit. Reductions in federal discretionary spending will hit them very hard.

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