Bronx Nonprofit Probed For Air America Loan Returns City Cash

[seriousstan]

NEW YORK -- A community center investigated after it gave $875,000 to the liberal radio network Air America has reached a financial settlement with New York City over mishandled government funds.

The city's Department of Investigation said the Gloria Wise Community Center in the Bronx has repaid $625,000 it had received from city agencies for its youth programs and nursery school.

A majority of that money was a refund of overpayments the center received from the city's education department, but at least $250,000 was related to "improper expenditures."

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Air America's co-founder, Evan Cohen, was a development director at Gloria Wise. His ties to the network were severed a month after it went on the air.

http://www.wnbc.com/news/9953585/detail.html