Assembly Speaker Carl Heastie Aided Nonprofit That Stopped Filing Taxes Before Going Bankrupt

Assembly Speaker Carl Heastie steered more than $600,000 to a Bronx nonprofit that had no official board, filed no tax forms for years while receiving taxpayer funding and ultimately went bankrupt. The Bronx Business Alliance stopped filing tax forms after the 2008-09 tax year, reporting a $34,000 deficit.

Nevertheless, Heastie kept sponsoring funding for the group. His final grant was for $115,000 in 2009-2010, and other politicians directed hundreds of thousands of dollars more in 2010-2011.