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Non Profit getting put into dissolution by officer to benefit another non profit


Guest Martha

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Our organization has been under the control of a bullying President who feels and has acted like it is his own personal company and we other officers are nothing but his employees.  Because he is leaving and we have no one who wants to step into the President's position - we will be left with no President and because of that he is telling us that we must put our non profit into dissolution and that all our long standing fundraising events will be passed on to another non profit he is a part of and he will be running those events for them.  We dont believe this is legal to put one non profit into dissolution for the benefit of another.  Is this legal?

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Our organization has been under the control of a bullying President who feels and has acted like it is his own personal company and we other officers are nothing but his employees.  Because he is leaving and we have no one who wants to step into the President's position - we will be left with no President and because of that he is telling us that we must put our non profit into dissolution and that all our long standing fundraising events will be passed on to another non profit he is a part of and he will be running those events for them.  We dont believe this is legal to put one non profit into dissolution for the benefit of another.  Is this legal?

 

We can't offer any legal advice here.......none.

 

You say he's "leaving"......does that mean resigning or not running for re-election?

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He is forcing the dissolution which then would end our non profit and then he would be continuing on in the other non profit and implementing our fundraisers there. Word has it that he has already "promised" our fundraisers to this other non profit.  We are a solvent non profit having over $10K in our treasury .. and we have 2 VP's and two people willing to be Co Presidents but he has refused to allow Co Presidents even though the membership could vote to amend and allow Co Presidents in our By Laws.  He is claiming that is not possible and without a President dissolution is the only answer.  Some of us know that cant possibly be the case and our non profit has been in existence for over 30 yrs. 

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 We are a solvent non profit having over $10K in our treasury .. and we have 2 VP's and two people willing to be Co Presidents but he has refused to allow Co Presidents even though the membership could vote to amend and allow Co Presidents in our By Laws. 

Martha, if you are even THINKING about having co-presidents, please read this thread and by all means read the article that JDStackpole links to in what I think is the fifth post in this thread:  http://robertsrules.forumflash.com/index.php?/topic/25591-officers-sharing-a-position/

 

Having co-presidents is a TERRIBLE idea in the opinion of almost all of us who are regulars on this board.  RONR certainly frowns on it, as you can see when you look at that thread.

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