PROVIDENCE, R.I. -- Margaret Holland McDuff, CEO of a nonprofit network that is projecting a $3.3 million deficit for the fiscal year that ends June 30, is expected to address the Senate Committee on Finance Tuesday at 3 p.m.
HOLLAND McDUFF
McDuff, head of the Ocean State Network for Children and Families, is expected to join a panel to address the reasons for the deficit.
McDuff receives a salary and benefits of about $266,000 per year, of which about $87,600 is paid by the Ocean State Network, according to its contract with the state Department of Children, Youth and Families. She is also paid by the Family Service of Rhode Island, a nonprofit agency which is part of the Ocean State Network.
Ocean State is one of two nonprofit networks with three-year, $107-million agreements with the DCYF to provide services to more than 2,000 children and teenagers in the state. The other network, Rhode Island Care Management Network, is projecting a $400,000 deficit.
Janice E. DeFrances, executive director of the state Department of Children, Youth and Families, says the primary reason for the shortfall is a higher-than-anticipated number of youths still in group homes and other costly residential programs.
Prior to forming the Ocean State Network last July, McDuff earned a total of $197,942 from Family Service of Rhode Island for the fiscal year that ended June 30, 2011, according to GuideStar.org.
-- The original version of this report was published at 1:45 p.m.