HPP BIZ: Part the second - Printable Version +- Punaweb Forum (http://punaweb.org/forum) +-- Forum: Punaweb Forums (http://punaweb.org/forum/forumdisplay.php?fid=3) +--- Forum: Punatalk (http://punaweb.org/forum/forumdisplay.php?fid=10) +--- Thread: HPP BIZ: Part the second (/showthread.php?tid=20217) |
RE: HPP BIZ: Part the second - kalakoa - 07-12-2019 1 board 1 set of bylaws just have to follow them Good one. RE: HPP BIZ: Part the second - reni - 07-12-2019 "You’re drowning mermaid decide fish or man." No, our association is. RE: HPP BIZ: Part the second - Frank - 07-12-2019 @ stillwater.."The board legally has 4 directors 2 of which are acting on their own having a meeting and illegally establishing quorum as 2 it is 3 no matter how you stretch your imagination or don’t like the truth." What are you trying to say here? My understanding is that the Board had 3 Board members. So now there's noise that a swearing in of Craig ( he did resign) occurred without informing the other board members, aside from Larry possibly . Certainly not promulgating this info to our Association, right? add this to No effort to post our past membership meeting by Larry? No effort by Larry or Craig to organize or attend a special BOD meeting for the purpose of installing newly elected officers and filling vacancies ? And we are supposed to believe that this is conducting Association business in good faith? And we are supposed to believe that YOU are in possession of our current financial information? And everything is just fine? No, Brah, kaatoons already RE: HPP BIZ: Part the second - TomK - 07-12-2019 quote:I feel as though I've just drunk five pints of strong lager followed by a couple of whisky chasers and then took a roller-coaster ride. RE: HPP BIZ: Part the second - My 2 cents - 07-13-2019 "I am quite up to date on the Orchidland issues and have been seeing as I’ve lived here Forever so I don’t have the need to be schooled on Orchidland." "don’t think anyone that shouldn’t be will be accessing the bank funds like Orchidland.." Apparently you do need to be schooled. Plaintiffs just spent 4 years and several hundred thousand dollars trying to prove that OLCA funds were mismanaged and they failed on all counts. OLCA is now going after the plaintiffs to recover their attorneys fees and for other sanctions, so the already astronomical costs of this endeavor may soon skyrocket out of orbit. All for nothing. I don't have a dog in your HPP race but there might be some pertinent lessons to be taken from the OLCA lawsuit. Plaintiffs were trying to hold the directors accountable for improprieties and put OLCA into receivership. Sound familiar? I'm sure that the plaintiffs in this case went into it thinking that their case was overwhelmingly solid, that it would be quick and easy, a couple of months and a few thousand dollars and they would have their win. They couldn't have been more wrong. So you might want to consider what just happened here in Orchidland before embarking on a similar action in HPP. It's very sad that it is so difficult to hold directors accountable for improprieties. While other businesses can simply be reported to RICO and get attention right away, associations are allowed to run amok. Non-profits are supposed to be held to even higher standards, but there is no agency in Hawaii that they can be reported to or that will take any action. If there was I'm sure that the improprieties would be drastically reduced. I have 2 avenues to suggest: 1. Clean house. Fill up the board with people who are able to interpret and follow the laws and get a new GM if necessary. Don't laugh, I'm serious. 2. If you must throw money at it, go after the county instead of your neighbors. It's a much more winnable case with all-around better and more permanent results. RE: HPP BIZ: Part the second - Chunkster - 07-13-2019 "While other businesses can simply be reported to RICO and get attention right away, associations are allowed to run amok." This is not entirely the case. Associations are required by the IRS to maintain certain levels of financial transparency, conflict of interest controls, and adherence to statutory regulations in order to maintain their tax exempt status. Badly operated home owners associations have been brought down by complaints to the IRS that resulted in investigations and sanctions. RE: HPP BIZ: Part the second - My 2 cents - 07-13-2019 Yes, and the state has many of those same requirements. The problem is getting them to act. But, point taken. Has anyone tried reporting the current complaints to the IRS? RE: HPP BIZ: Part the second - leo - 07-13-2019 Plaintiffs were trying to hold the directors accountable for improprieties and put OLCA into receivership. It's the resigned directors and General Manager who are in question of improprieties. The two sitting directors at the recent General Membership Meeting are being targeted by the rats who jumped ship. That was obvious after attending the General Membership Meeting. Stillwater, aren't you one of the directors who jumped ship? You keep saying there's four directors but won't say when Creely was sworn in. Just hearsay. Associations are required by the IRS to maintain certain levels of financial transparency, conflict of interest controls, and adherence to statutory regulations in order to maintain their tax exempt status. Badly operated home owners associations have been brought down by complaints to the IRS that resulted in investigations and sanctions. Conflict of interest? A neighbor was at one of the recent BOD meetings said the treasurer got the paving job. Now she quit the board. At another BOD meeting it came out that HPP documents are missing. Executive Session Meeting Minutes. It's been going on for awhile. That could screw HPP's non profit status. Creely's been an officer for years. He should be able to shed some light? RE: HPP BIZ: Part the second - Stillwater - 07-13-2019 There you have it the answer receivership that’s exactly what needs to happen peace out done with the reindeer games. RE: HPP BIZ: Part the second - Old Croc - 07-13-2019 Member apathy overpowers house cleaning. |