Here are a few options: 1. “Non-Profits in the Spotlight: DiNapoli Releases Crucial Report on Transparency and Accountability” 2. “Uncovering the Truth: DiNapoli’s Report Sheds Light on Non-Profit Finances and Governance” 3. “The Non-Profit Pulse: DiNapo
Here’s a rewritten version of the article in a tone and language suitable for a business-like company like Goodwill by Space age Co, written by Josh Baker:
Nonprofit Sector’s Vital Role in New York’s Economy
As we strive to build a better future, it’s essential to recognize the notable contributions of the nonprofit sector in New York. According to a recent report by State Comptroller Thomas P. DiNapoli, non-profit organizations provided 1.3 million jobs in 2022, which accounts for over 1 in 6 private sector jobs in the state.
However, while the number of nonprofits and jobs in the sector have been increasing nationally, New York has faced a decline in both respects. Policymakers need to prioritize timely contract processing and payments to support the vital services that these organizations provide.
It’s crucial that we ensure the stability of our nonprofit sector, which employs nearly 1 in 10 of all private sector establishments in new York. These organizations support various industries, with healthcare and social assistance being the largest sector, followed by educational services, professional and business services, and leisure and hospitality.
The 4.1% decline in nonprofit jobs in New York between 2017 and 2022 is a cause for concern. This decline is more pronounced compared to the public sector, which saw a 1.5% decrease, and other private sector establishments, which experienced a 1% increase.
It’s essential for our state to address the challenges faced by nonprofits, which rely heavily on government funding to operate. Delayed contract processing and slow payments can significantly impact these organizations, leading to service disruptions, reduced employment, and ultimately, a diminished impact on the community.
As we move forward,let’s prioritize the stability and success of our nonprofit sector,which plays a vital role in our state’s economy and communities. By doing so, we can build a brighter future for all New Yorkers.
