VOICE OF THE MAJORITY

Who has authority to investigate the activities of a nonprofit corporation?
that's a good question... after about 4 hours of researching this on the internet, I found the following information and wanted to make it easier for other people to find... We need to start demanding answers from these corrupt non profit organizations in Texas. I will be requesting under the open records act information on some of Austin's not for profits! About a year ago, an article appeared exposing the dirty little secrets of non-profits in the area, and a news channel covered this... it exposed the top ten or fifteen highest paid Executive Director's at non-profits here in the Austin area... mysteriously, it has disappeared from the web.. somebody must have sued... I can remember a few of the oraganizations, two for sure, I would like to further expose this information, if anybody around has this list that was published about the highest paid salaries of non-profit director's here in the Austin area, please blog it here or email me, we NEED answers and to expose this issue! Joshua Angell, Austin, Texas

The Attorney General has statutory authority to (1) investigate charities that operate as nonprofit corporations, and (2) inspect the books and records of all corporations, including nonprofit corporations. The Secretary of State has no such authority.
The IRS can revoke a nonprofit corporation’s tax exemption for violations of federal tax laws.
13. Are the books and records of a nonprofit corporation available for inspection?
The Texas Non-Profit Corporation Act and the Texas Business Organizations Code require nonprofit corporations to maintain financial records and minutes of certain proceedings and make them available to members for examination and copying. The board of directors is required to prepare or approve an annual financial report. In general, all records, books, and annual reports must be available to the public for inspection and copying. These provisions do not apply to (1) corporations that solicit funds only from their members; (2) corporations that do not intend to solicit and do not actually receive contributions in excess of $10,000 during a fiscal year from sources other than their members; (3) proprietary schools; (4) religious institutions; (5) trade associations or professional associations whose principal income is from dues and member sales and services; (6) insurers; (7) charitable organizations concerned with conservation and protection of wildlife, fisheries, or allied natural resources; or (8) alumni associations.
Under certain circumstances, a nonprofit corporation’s books and records are available to the public under the Texas Open Records Act (chapter 552 of the Government Code). Section 552.003(1)(A) of the Open Records Act defines “governmental body” to include the “part, section, or portion of an organization, corporation, commission, committee, institution, or agency that spends or that is supported in whole or in part by public funds.” For more information on the Open Records Act, contact the Attorney General.

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Tuesday, May 09, 2006