Can a non-profit board of directors also be paid employees?

Answer While no laws prohibit nonprofit board members from being paid employees, there are laws against board members having conflicts of interest. If a board member is a salaried employee, a conflict of... Read More »

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Can people on the board of directors for a non-profit also be employees?

There is nothing to prevent a non-profit board from hiring a board member. Indeed, some positions on non-profit boards are so labor-intensive that hiring a board member for their expertise may see... Read More »

Should the executive director choose a board of directors in a Christian non-profit?

On One Hand: Executive Director Should Not Choose DirectorsThe executive director should not choose a board of directors in a Christian non-profit because he answers to the board of directors. Usua... Read More »

Can the president of the board of directors of a homeowners association make a motion and also vote?

Your answer depends on the contents of your governing documents and the state law that governs not only the association, but the form of the corporation that your association fits within, such as t... Read More »

What happens if a board of directors declares a dividend can't be paid?

A corporation's dividend policy is established by its board of directors. The directors have the authority not only to declare the payment of dividends, but also, if warranted by financial conditio... Read More »