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Friday, February 27, 2015

Fwd: FEGS


---------- Forwarded message ----------
From: Asch, Esther Ann <EAsch@fegs.org>
Date: Tue, Feb 17, 2015 at 12:34 PM
Subject: FEGS
To: "crowcorneille1@gmail.com" <crowcorneille1@gmail.com>

​That would be because FEGS IS NOW BANKRUPT!​ On behalf of all the folks who've had to sit through the incredible boredom down on Varick Street over the years, I think I can safely say that FEGS won't be missed at all.

FEGS is in the process   of transferring all of its programs  so we cannot help you

 

 

Your support
inspires success!

www.fegs.org

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mailconn7


Monday, February 2, 2015

Emailing: As if it isnt difficult enough to find affordable housing

FEGS is GONE

I'm sure a lot of tenants will be thrilled to know that FEGS has gone bankrupt and is set to close down in the near future. I've heard so many horror stories about the place from so many people; the organization was completely incompetent and caused a huge amount of grief for most of the people assigned there. This should be a comment on city and state incompetence, though, because FEGS got a lot of its funding from government sources and STILL ended up millions of dollars in debt. Why isn't this kind of thing being audited and reviewed?




Sunday, February 1, 2015

Federation Employment & Guidance Service (FEGS) seriously considering bankruptcy


Federation Employment & Guidance Service seriously considering bankruptcy
EXCLUSIVE: The bankruptcy plan comes weeks after the 80-year old charity laid off dozens of employees in its struggle to stay solvent. It remains unclear what will happen to the city agencies that rely on FEGS to help disabled clients land jobs and attend training programs.
BY REUVEN BLAU  NEW YORK DAILY NEWS Tuesday, January 13, 2015, 6:37 PM

A major city nonprofit is seriously considering filing for bankruptcy, weeks after discovering that it is close to $20 million in debt, sources said.

The Federation for Employment and Guidance Services (FEGS) told some of its workers Tuesday that it would likely be left with no alternative to that extreme measure.

It remains unclear what will happen to the city agencies that rely on FEGS to help disabled clients land jobs and attend training programs.

“Some may be gone and some may be transferred,” a source familiar with the charity said.

The bankruptcy plan comes weeks after the 80-year old charity laid off dozens of employees in its struggle to stay solvent.

FEGS spokeswoman Julie Farber said the agency was still reviewing its options.

“We have narrowed the potential pathways we may undertake, and a final decision has not yet been made,” she said.

FEGS assists up to 12,000 disabled people each day and has a yearly budget of about $250 million, funded largely by city and state grants.

The head of the organization has changed three times in the past few months.

rblau@nydailynews.com





I’m just wondering how you just “discover” that you’re $20 million in debt... what kept them from noticing after the first million? City and state government is willing to blow millions on a crap organization like FEGS, but make it really difficult for people on public assistance - especially the disabled - to exist decently. Wouldn’t it be nice to see more of the money spent on screwed up non-profits that waste money and then go bankrupt be spent directly and more effectively on helping the poor and disabled? Is there any accountability?

weather alerts

Notification issued 2/1/15 at 4:36 AM. The National Weather Service has issued a Winter Storm Warning citywide from 7:00 PM, February 1st to 6:00 PM, Monday, February 2nd. The current forecast calls for 4-8 inches of snow. Visibilities are expected to be approximately one quarter mile or less at times. For updates please visit: http://www.weather.gov/nyc.
 
Notification issued 2/1/15 at 5:00 PM. Mayor de Blasio today issued a Hazardous Travel Advisory for Monday, February 2nd. The National Weather Service has forecast 5 to 6 inches of snow accumulation citywide, along with up to a quarter inch of ice accumulation throughout the day Monday. Light snow will begin this evening, with minor accumulation by midnight. Snow will become heavy overnight, with 2-4 inches of accumulation expected. Snow will transition to sleet and freezing rain with an accumulation of up to a quarter inch of ice during the Monday morning hours. Exercise caution when driving and allow for additional travel time.
 
The Department of Sanitation issued a Snow Alert, beginning at 5PM tonight. PlowNYC will be activated and available at www.nyc.gov/severeweather.
 
 
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Notification issued 2/1/15 at 9:00 AM. The New York City Department of Transportation announced that Alternate Side Parking Regulations will be suspended Monday, February 2 to facilitate snow removal. Payment at parking meters will remain in effect throughout NYC. For more information, please visit: http://www.nyc.gov/html/dot/html/motorist/alternate-side-parking.shtml.
 
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