Modesto nonprofit reopens; CEO quits - Local - Modbee.com: "A Modesto nonprofit that closed over the holidays and laid off most of its staff has reopened, but will go forward without its executive director as it continues to untangle its finances.
Community Housing and Shelter Serv- ices Executive Director Karen Cosner resigned Wednesday, said Kim Martinez, president of the nonprofit's board. Board Vic"
1 comment:
This is a good case study of board members not understanding their roles and responsibilities and not doing good due diligence in examining the organizations finances. In these economic times it is incumbent on all nonprofit boards to pay particularly close attention to this issue. The mission for which individuals devote their time talent and treasure deserve careful handling to ensure they are there in the future to continue to serve.
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