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AGENCY TESTIMONY
Challenges faced by nonprofits in receiving timely payments
0:30:09
·
40 sec
Kim Yu acknowledges the persistent challenges faced by nonprofit organizations in receiving timely payments from the city for their services. She expresses understanding of the frustration and hardship these delays cause.
- Despite their vital role, nonprofits continue to face difficulties getting paid on time.
- Yu empathizes with the various impacts of late payments, from executive directors struggling to make payroll to caseworkers using personal funds for supplies.
- The administration recognizes the need to address these ongoing payment issues.
Kim Yu
0:30:09
Despite these contributions from the sector and the vital role nonprofits play in the fabric of our city, they continue to face challenges getting paid on time.
0:30:19
We wholeheartedly understand the frustration and the hardship that these challenges can cause.
0:30:25
Whether it's the executive director trying to make payroll, a caseworker using their own funds to buy supplies, or a counselor trying to balance their own needs with the uncertainty of cash flow, we empathize.
0:30:40
Throughout this administration, Mayor Eric Adams has announced numerous reforms to streamline processes, increase transparency, and support the sector.