June 10, 2006 |
The executive director of the charity at the center of the FBI and IRS investigation of State Sen. Vincent J. Fumo (D., Phila.) has stepped down from her post. Ruth Arnao, who also worked for Fumo's Senate staff from 1984 to 2004, helped the senator form Citizens Alliance for Better Neighborhoods, the South Philadelphia nonprofit, in 1991. She became executive director in 1999. Arnao's lawyer, Joel L. Frank, said yesterday that Arnao had submitted the resignation in late 2005, but resigned only last week, after a suitable replacement had been found.
February 7, 2007 |
Vincent J. Fumo - state senator, banker, lawyer, farmer - is worth more than $20 million. He owns a 33-room mansion in Philadelphia, a 100-acre farm near Harrisburg, and houses in Margate, N.J., and Florida. Yet despite his wealth, grand jurors said, Fumo also subscribed to the financial philosophy, "A person is best advised to spend other people's money. " "Fumo often referred to this goal," the indictment says, "by the acronym OPM. " Other people's money came from four basic sources, prosecutor John Pease said: state tax dollars, bridge tolls, the Independence Seaport Museum, and the neighborhood charity Fumo controlled, Citizens' Alliance for Better Neighborhoods.
December 16, 2008
The head of Citizens Alliance, a nonprofit if you apply the term charitably, has expressed indignation that the state is investigating the group's finances. Maybe Christian DiCicco, 35, feels that way because, as the executive director of Citizens Alliance, he's been driving a Cadillac Escalade provided by the charity. But those of us paying for our own rides think Attorney General Tom Corbett's probe is long overdue. Citizens Alliance, the South Philly group founded by aides of former state Sen. Vincent J. Fumo, has operated as Fumo's personal piggy bank for years.
July 14, 2009 |
The nonprofit group known as Citizens Alliance for Better Neighborhoods was a crown jewel in the political empire of former state Sen. Vince Fumo. With that empire in ruins and Fumo likely heading to prison after being sentenced today on federal corruption charges, a big question remains: What becomes of Citizens Alliance and all it came to own? Consider Passyunk Avenue, the bustling and gentrifying South Philly stretch at the heart of the Citizens Alliance world. The nonprofit owns at least 14 properties on or near the avenue and has sold others after rehabilitating them for new businesses.
December 11, 2008 |
An ex-butler for former State Sen. Vincent J. Fumo testified yesterday that he thought the nonprofit formed to help revitalize South Philadelphia was actually Fumo's company. "He seemed in charge of it," said Matthew Fonseca, who served as Fumo's butler from February 2004 to February 2005 and is now a professional polo player. "He seemed to be the boss. " Fonseca said that he saw workers from Citizens' Alliance for Better Neighborhoods arrive at Fumo's Spring Garden mansion and haul away trash, shovel snow, power-wash a patio, and even put up Christmas lights.
November 23, 2003 |
One of the anonymous benefactors who have supported a wealthy nonprofit group with ties to powerful State Sen. Vincent J. Fumo surfaced last week, but its exact role remained a mystery. Peco Energy Co. acknowledged that it had made charitable contributions to the nonprofit, known as the Citizens Alliance for Better Neighborhoods. But neither Peco nor Fumo would say how much the electric giant's donations were worth. It thus remains unclear how much the Peco contributions would explain a larger puzzle about the Fumo nonprofit: Who, exactly, was the donor who gave the group a whopping $11 million donation last year?
January 18, 2004 |
Besides the Delaware Valley Regional Economic Development Fund, three other nonprofits and two charter schools backed by State Sen. Vincent J. Fumo have received $36 million in donations and state grants in recent years. The biggest benefactor has been Peco Energy Co., which has donated $17 million. An additional $13 million came from a joint committee of two quasi-government agencies. State grants make up the remaining $6 million. Here is a breakdown: Citizens Alliance for Better Neighborhoods Programs: It runs a parking lot in South Philadelphia.
December 19, 2004 |
The charity that is backed by State Sen. Vincent J. Fumo and is under federal investigation has missed the IRS deadline for reporting its 2003 finances. The South Philadelphia charity, known as Citizens Alliance for Better Neighborhoods, was supposed to report those finances last month and did not. The forms had been due in May, but the group was granted an extension to Nov. 15. Missing the deadline can result in fines of $100 a day. Ken Snyder, a spokesman for Citizens Alliance, said last week that the multimillion-dollar charity would file the public reports "as soon as possible.
June 3, 2010 |
Once, it was banking millions of dollars and was a key redoubt in the power base of former State Sen. Vincent J. Fumo - and a supporter of his luxuriant lifestyle. Today, it has only about $80,000 in the bank, its board of Fumo cronies has been cast out, and the former senator is nine months into a 55-month federal prison term. But the nonprofit Citizens' Alliance for Better Neighborhoods, which Fumo founded, can still do good for a commercial swath of South Philadelphia, its interim overseer recommended Wednesday.
November 25, 2003
An editorial yesterday did not precisely describe the finances of the nonprofit group, Citizens Alliance for Better Neighborhoods. Of $24.6 million the group reported it had in net assets or fund balance at the end of 2002, $3.1 million was cash in-hand; $4.8 million was in investments; and the rest was in building, equipment and other assets, said alliance spokesman Ken Snyder.