Richard Saltz is the founder of Business Innovative Strategies International. His consulting company provides custom-tailored financial management, interim CFO, public relations and marketing management services to its clients who consist of emerging and middle market companies. He is also CFO for the Westport YMCA in Connecticut.
Richard Saltz has a B.S. and an M.B.A. from Cornell University. Richard currently serves as an Advisory Council member to Cornell's Entrepreneurship and Personal Enterprise Program.
A lot of times, not for profits because they are philanthropic in scope, they didn't feel that they didn't have to report to someone. Yes, you have certain reporting requirements for maintaining your tax-free status, your 501C3 status. Every year you have to file a 990. But there wasn't the sense...(Full transcript available to logged in subscribers.).
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