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#Post#: 561--------------------------------------------------
Noncompliance
By: Bagehot Date: May 6, 2015, 11:30 am
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Some of us are so sick of Boards of Directors that can't do
their jobs.
From the USOC February 27, 2012:
Communications with Members and Transparency of Activities
[quote]95. Section 220524 of the Act provides that an NGB shall
be responsible to the persons and amateur sports organizations
it represents. Further, Section 8.7(l) provides that an NGB
shall be financially and operationally transparent and
accountable to its members.
96. USAT was lacking in communicating with its members.
Financial information was not communicated to members in a
forthright or timely manner.
97. Board meetings were conducted for the most part in executive
session, shielding members from minutes that explained the
Board’s activities. Board members were warned not to discuss
Board activities with other members of the organization. This
conduct engendered a feeling of secrecy by the Board among
USAT’s membership.
98. In general, the Board and USAT management became insular in
its activities and failed to adequately communicate its agendas,
decisions and activities with those it served.
99. The Hearing Panel finds that USAT has failed to meet its
obligations as an NGB as required by Section 220524 of the Act
and Section 8.7(l) of the USOC Bylaws.[/quote]
[quote]
M. Communication with Members and Transparency of Activities
141. USAT shall take immediate steps to effectively communicate
with its members and be transparent regarding its actions.
142. USAT shall post complete and accurate minutes on its
website within fifteen (15) days of Board meetings.
143. Further, Board meetings should only be conducted in
executive session when there is good cause for doing so. The
Board should not adjourn to executive session when discussing
non-confidential topics as a way to shield information from its
members. When the Board adjourns to executive session, it shall
note the reason for doing so in its minutes.
144. USAT shall prepare and post year-end financials and IRS
Form 990s on its website in a timely fashion.[/quote]
HTML http://www.teamusa.org/USA-Taekwondo/V2-Resources/Board-of-Directors/Latest-Meeting-Minutes
According to the USAT website, the USAT Board has failed in
compliance with direct USOC orders, now being late in publishing
minutes for a period of seven full months, that, is 210 days.
Further, the 990 Form is due May 15. There is no reason that
"timely" does not mean, and should mean, substantially earlier.
Sarbanes-Oxley suggests that March 15 would be appropriate for
non-profit organizations as a "best practice."
This Board is showing even more disdain for the membership that
the Board that got USAT into Section 10 trouble and finally on
probation.
Would you make a donation to an organization that, in essence,
says that "we don't have to post minutes. It's none of your
business"? And "we'll post financials when we get around to it"
and not one minute sooner.
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