Geltrude and Company had been doing the tax and audit work for NVERS for approximately the last ten years. Last year, we fired Geltrude and replaced them with a new firm that's now doing the same work, for significantly less money. Also, as a general practice, we believe it to be prudent to switch auditors every couple of years.
Tonight, the Nutley Board of Commissioners is considering a resolution hiring Geltrude, at $15,000 of taxpayer expense, to perform an audit of our organization.
There are a few serious problems with that. First, the Nutley Volunteer Emergency Rescue Squad is an independent organization, operating as a non-profit, 501(c)3, and cannot be audited by the Township. Second, since Geltrude prepared our taxes and performed our tax and audit work for the last decade, they are conflicted, and ethically cannot audit our agency. If they did they would be, in essence, auditing their own work.
Lastly, and most importantly, we continue to be very concerned about Commissioner Alphonse Petracco relationship with the Geltrude firm and how it may be affecting his public actions. Over the past several months and on numerous occasions, the Commissioner has expressed anger over NVERS decision to replace Geltrude and Company. Now, after refusing to reconsider our decision to replace Geltrude, Commissioner Petracco sponsors a resolution to hire the firm, at Nutley taxpayer expense, to audit our independently run agency. This pattern of behavior raises serious ethical concerns and is something Nutley residents should be watching closely.
NVERS will not be complying with the Township's audit at the expense of tax payers money.
President & CEO
Nutley Volunteer Emergency & Rescue Squad