Board Orientation
Saturday, December 16, 2023
8:30 am - 12:00 pm
This is a make-up mandatory training seminar for both existing Board members and newly elected Board members.
Agenda
- Overview
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- Nonprofits: their role in society, how they are organized – similarities and differences
- Governance versus Operations
- Hierarchy of government requirements and governing documents
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- Federal Law
- State Law
- Articles of Incorporation
- Bylaws
- Policies
- Procedures
- Key concepts
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- Purpose/Mission
- Membership
- No vesting
- Dissolution
- Board Role
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- Mission Accomplishment
- Legal duties and basic responsibilities
- Board Roles
- Responsibility/Work Flow
- Expectations: attendance, communications, etc.
- Fiscal Duties and Responsibilities
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- State Reporting – Corporate & Sales Tax
- IRS
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- 990 Unrelated Business Income
- 990 T (inventory)
- BCYC
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- Financial Reports & Controls
- Budget Monitoring
- Investments/Prudent Investment Rule
- Bylaws & Policies
- Operational considerations for Governance
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- Sarbanes Oxley – record retention & corporate records
- Email records
- Documents
- Continuity of Access
- Governance Questions
If you are assuming a new position, Please:
- Contact your predecessor and ask them to give you the position description and standard operating procedures for your new job
- Review the materials so that you know what questions and clarification you want/need
- At the end of the orientation, you will have time to meet with your predecessor to ask questions
Any member interested in serving on the Board, or who is interested in learning more about the operational side of BCYC, is strongly encouraged to attend.
A separate session will be scheduled for Operational Guidance & Training on the following topics.
- Operational Guidance & Training
- BCYC Emails & Website
- Wild Apricot
- Dropbox
- Slack
Everyone is encouraged to attend the Operational Guidance & Training session even if they do not plan on using the technology. The more we all know, the easier it will be to keep all the gears humming along. There are a lot of features that we "could" be using that can save us time and effort and reduce frustration! Bring your laptops, tablets, and/or your smartphone.
