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Wednesday, July 27, 2016

Board Director Questions Lease Provisions

Board Director Questions Terms of Proposed Lease
for


You know how most charitable organizations are vetted as to how much of what they collect is spent on "administrative costs" versus what they actually spend on "charitable" work?

The Foundation Assisting Seniors HAS NEVER issued a public financial report showing their ...

"administrative expenses", "charitable spending", or
"financial reserves". 

I asked for that documentation two months ago when we started considering the lease and affiliation agreement. 

The lease has not been signed to date because it needs some rewriting

One item of specific concern is a rental payment in the agreement. 

Originally drafted during the PRIOR board administration, the Foundation would pay Sun City Anthem $1,000 per month for the use of their facilities...

...however....the $1,000 rental payment would THEN BE DONATED back to the Foundation.

Sun City Anthem is a not- for-profit corporation, and therefore the "donation" would not have any tax savings to unit owners.

Considering how much the Foundation collects from us...

(monthly bingo games, various raffles setting up tables in Sun City Anthem facilities, and attempting to solicit donations from a number of community clubs)...

...and...

... that they are now an "outside" group also servicing other communities, they should provide a financial report.

All other leases signed by past boards took place AFTER financially vetting the outside firm. 

Rumor has it that the Foundation is very "generous" in what it spends on meals, etc for it's trustees. 

It is my opinion there is no legitimate reason for not providing financial statements nor for the Foundation to be exempt from a monthly rental amount.

Carl Weinstein
Board Director
Sun City Anthem
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We would like your comments.

Should this lease agreement be accepted?

Should any rental income derived be donated back to the Foundation?

Let us know. 

Send them to:

scaopinions@gmail.com
  1. From Dorothy Yu...to...Anthem Opinions

    It's wonderful that someone, Carl Weinstein, Board Director, Sun City Anthem, one of my favorite board members, has been watching for us!

    The administrative cost of donations to any charitable organizations must made public!
    1. From Bud McQuillan...to...Anthem Opinions

      Full transparency equals Full support. No exceptions.

      There is No excuse for hiding the truth.

      Just another Bellagate looking for a place to happen.
      1. From Keith Coffin...to...Anthem Opinions

        PLEASE FORWARD THIS TO JIM MAYFIELD, AND IF THERE ARE THINGS SOME OF US OUT IN THE “RETIRED’ WORLD CAN HELP HIM WITH THAT DON’T TAKE TOO MUCH TIME/MONEY ETC, HE SHOULD SEND OUT A NOTE ASKING FOR SOME HELP, OTHERWISE JUST GIVE HIM SOME MENTAL SUPPORT.

        SOME OF US APPRECIATE WHAT HE IS TRYING TO DO, ALONG WITH YOU AND A FEW OTHERS YOU HAVE MENTIONED.


        THANKS TO ALL
      2. We would like to reiterate our blog policy regarding anonymous posts. Unlike other publications, we will NOT post anything unless there is a name we can identify.

        Our "opinion" is that if you will not identify yourself, your comment is unacceptable, and will be deleted.

    2. From Dennis Nelson...to...Anthem Opinions

      In regarding F.A.S. ----

      YES, financial statements must be a requirement.

      We should have the right to review the expenses, what expenses are spent, how officers are being compensated, etc. Expenditures must be audited.


      YES, rent should be paid for by FAS especially since they are now outside of SCA communities.

      And NO, SCA should not donate the money back to the foundation.

      Since FSA serves multiple communities, they should consider renting outside of SCA.
  2. FSA is a sacred institution enshrined in the covenants of Sun City Anthem and therefore above the laws and rules of normal organizations. Ha!

6 comments:

  1. From Dorothy Yu...to...Anthem Opinions

    It's wonderful that someone, Carl Weinstein, Board Director, Sun City Anthem, one of my favorite board members, has been watching for us!

    The administrative cost of donations to any charitable organizations must made public!

    ReplyDelete
  2. From Bud McQuillan...to...Anthem Opinions

    Full transparency equals Full support. No exceptions.

    There is No excuse for hiding the truth.

    Just another Bellagate looking for a place to happen.

    ReplyDelete
  3. From Keith Coffin...to...Anthem Opinions

    PLEASE FORWARD THIS TO JIM MAYFIELD, AND IF THERE ARE THINGS SOME OF US OUT IN THE “RETIRED’ WORLD CAN HELP HIM WITH THAT DON’T TAKE TOO MUCH TIME/MONEY ETC, HE SHOULD SEND OUT A NOTE ASKING FOR SOME HELP, OTHERWISE JUST GIVE HIM SOME MENTAL SUPPORT.

    SOME OF US APPRECIATE WHAT HE IS TRYING TO DO, ALONG WITH YOU AND A FEW OTHERS YOU HAVE MENTIONED.



    THANKS TO ALL

    ReplyDelete
  4. We would like to reiterate our blog policy regarding anonymous posts. Unlike other publications, we will NOT post anything unless there is a name we can identify.

    Our "opinion" is that if you will not identify yourself, your comment is unacceptable, and will be deleted.

    ReplyDelete

  5. From Dennis Nelson...to...Anthem Opinions

    In regarding F.A.S. ----

    YES, financial statements must be a requirement.

    We should have the right to review the expenses, what expenses are spent, how officers are being compensated, etc. Expenditures must be audited.


    YES, rent should be paid for by FAS especially since they are now outside of SCA communities.

    And NO, SCA should not donate the money back to the foundation.

    Since FSA serves multiple communities they should consider renting outside of SCA.

    ReplyDelete
  6. FSA is a sacred institution enshrined in the covenants of Sun City Anthem and therefore above the laws and rules of normal organizations. Ha!

    ReplyDelete