By Jack B. Siegel
Easy methods to continue any nonprofit out of difficulty, operating easily, and achieving its mission"Jack Siegel--lawyer, accountant, administration advisor, and desktop whiz--takes the putative director or officer of a nonprofit association on an invaluable and sometimes enjoyable voyage through the realm of the tax-exempt organisations universe, stating its quirks, foibles, and felony liabilities alongside the best way. His instruction manual will make mandatory--and arresting--reading when you are already serving as trustees, administrators, officials, and key staff of exempt businesses, fairly charitable ones. Siegel's target, during which he succeeds, is to assist administrators and officials of nonprofit firms 'make larger decisions.' The ebook is stuffed with huge coverage analyses and paragraphs at the information, resembling board dimension, board committees, board assembly codecs, the contents of mins, and the tasks of officers.Salted with a few first-class real-life examples, what additionally units this booklet except such a lot in its style is the tone: the writing variety, the brusqueness, the bluntness. He complains that too many administrators 'check their logic on the boardroom door.' He advises people who 'desire contract and insist adulation' to stick off forums; he insists on 'commitment' and 'institutional pressure' with the administrative director. He warns potential administrators that a few businesses wish, as well as time and judgment, 'either your funds or your skill to elevate money.' To my satisfaction, he extols the virtues of 'some point of costs' for certified legal professionals and accountants.Please sign up for me in including this such a lot priceless guide in your nonprofit library."--Bruce R. Hopkins, lawyer at legislation, writer of The legislations of Tax-Exempt corporations, 8th variation and beginning and dealing with a Nonprofit association: A felony consultant, Fourth version
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Extra resources for A Desktop Guide for Nonprofit Directors, Officers, and Advisors: Avoiding Trouble While Doing Good
Fm Page 12 Thursday, March 9, 2006 3:41 PM 12 Ch. 1 Setting the Stage: Some Preliminaries with this argument is that others have entrusted the board and officers with making sure that the money from contributions and grants is not wasted or stolen. Like it or not, that means the organization must tolerate some level of expenditures on lawyers, accountants, and administrative overhead. There will still be those who disagree. ” In the long run, truly qualified advisors save organizations money and protect assets.
See Letter from Stephen M. Serlin, Chairman of the Board of Directors of Saratoga Performing Arts Center to Paul Laudato, Chief Counsel, New York State Office of Parks, Recreation, and Historic Preservation (Dec. 20, 2004). OPRHP issued a final audit report in 2005. See NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION, FINAL AUDIT, SARATOGA PERFORMING ARTS CENTER (Mar. 16, 2005). In its formal response to the Preliminary Audit, SPAC’s board of directors stated: The Board sees no advantage in engaging in a protracted audit process or debate to question or confirm a set of findings with which the Board essentially agrees.
The board did take some issue with the Preliminary Audit’s conclusions regarding the reasons behind the termination of the New York City Ballet, as well as with the conclusion that the president’s compensation was excessive. In the case of the termination, the board contended that whatever methodology is used, it believed that the New York City Ballet required significant underwriting. The board’s response also addressed a number of other issues in the Preliminary Audit, seeming to express some disagreement over more minor points.
A Desktop Guide for Nonprofit Directors, Officers, and Advisors: Avoiding Trouble While Doing Good by Jack B. Siegel