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As of January 1, 2021, new Subsection (9) of Section 172-b of the New York Executive Law (the “New Rule”) imposes additional reporting requirements for certain nonprofit organizations that solicit charitable contributions in New York State.
While certain organizations were already required to register and file Form CHAR500 Annual Financial Filings with the New York State Attorney General’s Charities Bureau (“Charities Bureau”), the New Rule effectively creates a dual filing requirement. Going forward, certain nonprofit organizations that solicit charitable contributions in New York must file Form CHAR500 with
both the Charities Bureau
Alexandria, VA A Senior Executive Service (SES) employee of the National Aeronautics and Space Administration (NASA) pleaded guilty today to submitting fraudulent applications for over $350,000 in COVID-19 economic relief loans and benefits. Despite holding a senior executive position at NASA, the defendant applied for over $350,000 in fraudulent loans and benefits, said Raj Parekh, Acting U.S. Attorney for the Eastern District of Virginia. In doing so, he essentially treated COVID-19 relief programs as a personal piggy bank, using funds intended to provide pandemic relief for small businesses and the unemployed to pay down his credit card debt, pay off loans for a residential pool and minivan, and pay a dog-breeder, among other personal expenses. EDVA will continue to hold accountable individuals who exploit a national economic crisis in order to unlawfully enrich themselves at the expense of those in genuine need due to the pandemic.