Gorgeous weather here — am walking 10 miles per day plus wading in the lake. I am commuting to class 100 mile round trip 2 days a week. Then I am becoming a community organizer. Seems $1,000,000 is missing from our accounts. Getting petitions to remove the entire board of directors and fire all the office personnel. Start over and throw culprits in jail. Our former manager gets sentenced 10/15 federal court for 2 felonies embezzlement. I am learning a lot more than I want to know about nonprofit law that is taking time away from my classes that are great. Not much time for writing or even reading the news. Too depressing anyway. Idiots running our government.
Ebola has not been stopped. Get prepared for that epidemic and other looming crises and jungle diseases. Sell guns and buy acres. Aim for a reasonable amount of acres, enough to live on but not so much as to attract the attention of the idle rich. Should not be hard to find one parcel of 3 acres that is not in too much demand so a reasonable price. Moderately out of the way places are cheaper and better for survival and hunting. Rocky hilly is ok for cows, hens, bees, and gardens. Be careful of county tax auctions. Make sure you do not get stuck paying lots of back taxes. And get a clean title without liens attached. Auctioneers are better as they usually promise good title. Best is to go through a broker but they cost more and don’t like to waste time on cheap acre sales. Once some guy recommended to me the site but I never used it: http://www.unitedcountry.com/index.html
There has been the attitude that the board is kings and the owners serfs. So the board can do what they want irregardless of the laws and bylaws. Unfortunately the law disagrees. The board must follow procedures or the board will have to pay company expenses, not the owners. Until this dispute is resolved dues should go into an escrow account for safekeeping until it is decided who should pay for what.
Piercing the Corporate Veil
If a nonprofit organization does not properly follow the required legal formalities in its state, or does not otherwise treat the nonprofit like a separate corporate entity, the court may findthe directors personally liable for the debts of the nonprofit.
This process is known as “piercing the corporate veil.”
It can occur if the boarddoes not keep appropriate records or minutes, hold required meetings, or follow the correct voting procedures for board resolutions or actions.
Nonprofits, particularly new organizations, may want to seek the advice of an attorney to ensure that they are properly following the requirements of incorporation.