Grassi & Co.’s Not-For-Profit Practice Expands in NYC and Westchester County


Manhattan, NY, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Leading accounting, tax and advisory firm, Grassi & Co., announced today that the audit nonprofit partners and staff of Lyndhurst, NJ-based Lederer, Levine & Associates have joined the firm, effective January 1, 2019. The acquisition brings partner, Derek Flanagan, as well as four professionals to the firm’s offices in New York City and White Plains, NY. The addition of these specialist resources has expanded and strengthened the suite of services that Grassi & Co.’s Not-For-Profit practice, led by David M. Rottkamp, provides to a broad range of organizations and institutional clients.

Derek Flanagan has over 30 years of experience in providing audit and accounting services exclusively to not-for-profit organizations. His clients include social services agencies, private and charter schools, arts organizations, private foundations and special needs providers. He serves on the New York State Society of Certified Public Accountant’s Not-For-Profit Organizations and Exempt Organization Committees and is a Past-Chair for the Society's Not-For-Profit Organization Committee.

 “Lederer, Levine & Associates nonprofit practice bears significant synergies with our practice,” said David Rottkamp. “The years of expertise brought by Derek and his team enhances our existing strengths and will expand our geographic reach in the region, placing us at the forefront in serving the needs of this important segment.”

 Grassi & Co.'s Not-for-Profit Practice Team assists many types of not-for-profit organizations, including organizations involved in government-funded social services, special needs, healthcare, philanthropic, religious and education.  The firm’s professionals work closely with management and their governing boards, looking beyond their audit and tax needs, taking into context future financial goals, strategies and opportunities, to offer recommendations and solutions now and in the future.

 “With the increasing demands and challenges facing the Not-for-Profit community, adding a stronger presence in Westchester county is another way the professionals of Grassi & Co. are growing to meet those challenges, said Louis C. Grassi, CEO and Managing Partner. “As our firm looks to the future, we’re excited to continue to expand our footprint in the New York region.”

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About Grassi & Co.: Grassi & Co., the 68th largest accounting firm in the U.S., is a premier professional service organization specializing in auditing, tax, technology, and business consulting services. Grassi & Co. has offices in New York City, Long Island, White Plains, NY, and Park Ridge, NJ as well as internationally through its association with Moore Stephens International. Grassi & Co. specializes in professional services for the Not-for-Profit, Construction, Architecture & Engineering, Financial Services, Cannabis, Private Equity, Life Sciences, Manufacturing & Distribution, Retail, Technology, Media & Telecommunication, Transportation, Energy & Natural Resources, and Healthcare industries, among others.

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Derek Flanagan, Newest Nonprofit Partner, Grassi & Co.

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