News & Insights: joseph j kanjamala

A Guide to Proper Reporting and Valuation of In-Kind Contributions


By Joseph J. Kanjamala  |  March 26, 2020

Partner Joseph J. Kanjamala discusses the requirement for nonprofit organizations to report in-kind contributions on their financial statements.

Nonprofit Alert: Proposed Changes to Reporting of Gifts-in-Kind


By Joseph J. Kanjamala  |  February 18, 2020

On February 10, 2020, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) intended to improve transparency around how not-for-profit organizations present and disclose contributed nonfinancial assets, also known as gifts-in-kind. 

NYC Introduces Higher Indirect Cost Reimbursement for City Contracts


By Joseph J. Kanjamala  |  July 1, 2019

The City of New York Health and Human Services Cost Policies and Procedures Manual is a bold step towards ensuring a reasonable indirect cost rate for New York's provider community.

The Care Coordination Model: A Path to Managed Care


By Joseph J. Kanjamala  |  October 2, 2018

Managed care is a healthcare delivery system that coordinates the provision, quality and cost of care for its enrolled members. Medicaid managed care provides for the delivery of Medicaid health benefits and related services through contracts between a state and managed care organizations (MCOs).

The Nonprofit Audit Committee’s Evolving Role


By Joseph J. Kanjamala  |  February 2, 2018

The Audit Committee is an indispensable part of any nonprofit organization’s governance structure. The roles and responsibilities of an audit committee vary from organization to organization. However, as the financial, operational and regulatory complexities of the environment in which nonprofits operate evolve, so must the roles and responsibilities of the Audit Committee. 

Nonprofit Alert: Changes to New York State June 30, 2017 CFR Filing


By Joseph J. Kanjamala |  John D'Amico  |  July 31, 2017

The New York State Consolidated Fiscal Reporting (CFR) and Claiming Manual for the reporting period from July 1, 2016 to June 30, 2017 is now available.

Marks Paneth Nonprofit Alert: EO #38 Sets Limits on Administrative Expenses and Executive Compensati


By Joseph J. Kanjamala  |  July 30, 2013

New York State Governor Andrew M. Cuomo's Executive Order #38 (EO #38), which sets limits on administrative expenses and executive compensation for covered provider entities, went into effect on July 1, 2013. EO # 38 is applicable to entities regulated by any of 13 specified State agencies. This alert summarizes the key features.