A Nonprofit Turnaround Story

Christian W. Dame by Christian Dame The New England Shelter for Homeless Veterans  (NESHV) faced a crisis. Financial problems had caused the Commonwealth of Massachusetts to suspend state funding and the Board of Directors asked the CEO to resign. The Board then asked NPT’s principal Chris Dame to step in and take charge. Chris assumed day-to-day operational control of a $6.1 million budget and 125 person staff serving 350 homeless clients daily, plus operating 45 apartments and a job training program for 600 other veterans in a 14 story building in downtown Boston, Massachusetts. Meeting the next payroll was problematic. […]