How to Format a Professional Report to the Board of Directors?

Answer Preparing a report for your organization's board of directors can be intimidating. A well-formatted report for executive management consists of three major sections: the executive summary, research... Read More »

Top Q&A For: How to Format a Professional Report to the Boar...

How often do treasurers report to a board of directors on finances?

Treasurer reports should be submitted monthly to a board of directors. If the board does not meet monthly, it is acceptable to submit a treasurer's report when board meetings take place. However si... Read More »

Do Illinois condo owners have the right to see the Association's complete audit report as delivered to the Board of Directors without summarization or limitation?

Your answer lies in the state law that governs condominiums. Your governing documents may address this issue, and they may not. In any event, the state law is usually superior to your governing doc... Read More »

Is it legal to maintain an hoa without a board of directors board members terms were up may 2010 and meeting to vote on a new board was canceled by them you have a management co following them?

Read your governing documents to understand how long elected directors serve when no annual meeting takes place. As well, read there whether or not an annual meeting 'shall' take place, and the age... Read More »

What Is the Difference Between a Board of Directors&a Board of Trustees?

Essentially, there is no difference between a board of directors and a board of trustees. According to, both groups "describe the same governing body of a nonprofit" or organization... Read More »