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Overview of late payment crisis for nonprofit human service providers
0:12:36
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47 sec
Council Member Stevens provides an overview of the late payment crisis affecting nonprofit human service providers in New York City. She emphasizes the critical role these organizations play in the social safety net and highlights the financial struggles they face due to delayed payments from the city.
- Nonprofits are described as essential, not optional, in providing crucial social services.
- Providers are forced to front costs and wait months or years for reimbursement.
- The situation is characterized as a long-standing but worsening crisis that threatens the stability of these organizations.
Althea Stevens
0:12:36
We're convening this hearings at this time for city nonprofit sector and being a stretch to a breaking point.
0:12:42
To this today's discussion center on a long standing but worsening crisis that persists and systematically delays in payments on nonprofit proprietors by the city.
0:12:51
Let's be clear.
0:12:52
Nonprofit organizations are not an optional extra in our social safety net.
0:12:57
The operation they operate our homeless shelters, deliver meals to our older adults, support our youth in after school, and help family access food, housing, and legal assistance.
0:13:07
Yet time and time again, the providers are forced to front costs, waiting months or even years for reimbursement and struggle to keep their doors open while doing the critical work the city has asked them.
0:13:19
I'm gonna say that again, has asked them and contracted them to do.