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The board of directors has ultimate control over the organization, but typically an executive director is hired. In some cases, the board is elected by a membership, but commonly, the board of directors is self-perpetuating. In these 'board-only' organizations, board members nominate new members and vote on their fellow directors' nominations. [38]
Each state has a seat on ERIC's board of directors. The board has created an executive committee and advisory committees to assist with issues related to data security and research. Key responsibilities of the board of directors include approving the annual budget, setting annual membership dues, and a periodic review of ERIC's Information ...
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [1] It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income ...
State Officers Compensation Commission, responsible for setting salaries for Governor, Lieutenant governor, Supreme court justices, and Legislators with the seven Commissioners appointed by the Governor [1]
The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
The Michigan Municipal League is a nonprofit association of municipalities and municipal leaders in the State of Michigan.The group banded in 1899 under the motto “Cooperation solves any problem” to reflect the organizers’ combined purposes: exchange of information, shared learning, development of unified policies on matters of municipal concern, and to form a collective voice on matters ...
This created the Michigan Gaming Control Board under the Michigan Department of Treasury. [5] On October 8, 2009, the Governor of Michigan, Jennifer Granholm, signed Executive Order 2009–45, abolishing the Racing Commissioner and transferring its duties to the Michigan Gaming Control Board executive director, effective January 17, 2010. [1] [6]