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  #61  
Old 02-09-2006, 11:04 AM
DGMarie DGMarie is offline
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Quote:
Originally posted by GangsterOfLove
I don't see how even $500 dollars of questionable expenses in any non-profit could be missed, let alone in ZPB.

When I read the article again it doesn't seem that the money was missed at all. They had the woman on a five year plan to repay the money, so they knew about it. They were covering it up.
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  #62  
Old 02-09-2006, 11:10 AM
GangsterOfLove GangsterOfLove is offline
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Quote:
Originally posted by DGMarie
When I read the article again it doesn't seem that the money was missed at all. They had the woman on a five year plan to repay the money, so they knew about it. They were covering it up.
Yes, it's obvious that they found out and tried to avoid making the information public.

I doubt that the entire exec board was aware of what the president was doing the whole time, though. Their financial officers had to be involved and must've helped cover it up for as long as they could. I would like to think that if the entire board noticed a few years ago, they would've nipped it in the bud right then.
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  #63  
Old 02-09-2006, 11:14 AM
GangsterOfLove GangsterOfLove is offline
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Quote:
Originally posted by Rudey
Hey dude you know so much about ZPB but you keep avoiding the question on what houses they own. You did say that.

-Rudey
It's not that I know so much. You just know very little.

You mean my comment that some of their chapters have houses? It's true. If you want a listing, get it yourself. You're a funny guy. lol
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  #64  
Old 02-09-2006, 11:22 AM
Rudey Rudey is offline
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Quote:
Originally posted by GangsterOfLove
It's not that I know so much. You just know very little.

You mean my comment that some of their chapters have houses? It's true. If you want a listing, get it yourself. You're a funny guy. lol
I mean your reference to their organization owning houses, not local chapters owning houses.

You're a funny guy.

-Rudey
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  #65  
Old 02-09-2006, 11:37 AM
GangsterOfLove GangsterOfLove is offline
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Quote:
Originally posted by Rudey
I mean your reference to their organization owning houses, not local chapters owning houses.

You're a funny guy.

-Rudey
This is what I actually said, scholar.

Quote:
Some of their chapters do have houses. And they own their international headquarters in DC.
I'll be happy to refer you to an adult literacy program, if you like. lmao
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  #66  
Old 02-09-2006, 11:55 AM
Rudey Rudey is offline
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Quote:
Originally posted by GangsterOfLove
This is what I actually said, scholar.



I'll be happy to refer you to an adult literacy program, if you like. lmao
"What makes you think their organization doesn't own any real estate?" in response to a thread about their IHQ and a remark by me on their IHQ.

-Rudey
--You're brilliant
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  #67  
Old 02-09-2006, 12:20 PM
GangsterOfLove GangsterOfLove is offline
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Quote:
Originally posted by Rudey
"What makes you think their organization doesn't own any real estate?" in response to a thread about their IHQ and a remark by me on their IHQ.

-Rudey
--You're brilliant
Denial is not a river in Africa. lol

It's hilarious that you're backtracking. Just put some tartar sauce on that foot that's lodged in your mouth. Maybe it'll go down easier.
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  #68  
Old 02-09-2006, 12:39 PM
Rudey Rudey is offline
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Quote:
Originally posted by GangsterOfLove
Denial is not a river in Africa. lol

It's hilarious that you're backtracking. Just put some tartar sauce on that foot that's lodged in your mouth. Maybe it'll go down easier.
"What makes you think their organization doesn't own any real estate?" in response to a thread about their IHQ and a remark by me on their IHQ.

-Rudey
--You're brilliant
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  #69  
Old 02-09-2006, 05:20 PM
Tom Earp Tom Earp is offline
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Lightbulb

To My Knowledge.

Houses of LXA Chapters are owned by Alum., House Corporations of said Chapters.

But, there are exceptions to this as it is by States Laws easier, to keep Chapters and Nationals out of Legal Manuveres in case of Risk Management.

My New House is financed by An Alum and Our Equaity is the Property that it is being built on.

LXA Has a Seperate Group that is called LCAP that has taken over Propertys to Rerent or even sell.

But if many of You dont actually realize, Most Nationals are cash poor. Expenses are extreme if You have any kind of Chapter Consultants or Office Staff.

Colonizing a New Chapter without a New House is @ $7,000-$8,000 Minimum.

If You try to put a new House in the Picture is out of the Square of going there.

And people think We just party and not run a Major Business.

I can not judge another GLO until all of the Facts are Presented.

It is like any other Group, there is the chance that someone has misused moneys.
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Last edited by Tom Earp; 02-09-2006 at 05:23 PM.
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  #70  
Old 02-10-2006, 09:38 PM
moe.ron moe.ron is offline
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Just wondering, shouldn't be there a yearly audit done by an independent firm?
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  #71  
Old 02-10-2006, 09:57 PM
jubilance1922 jubilance1922 is offline
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Quote:
Originally posted by moe.ron
Just wondering, shouldn't be there a yearly audit done by an independent firm?
I think that would depend on if their governing documents required it, right?
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  #72  
Old 02-10-2006, 10:46 PM
SapphireSphinx9 SapphireSphinx9 is offline
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oh my!

how horribly devastating this must be for the sisters! to know you put your trust into someone... oh man, my heart goes out to them.

it's good that benedict college is investigating, too.
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  #73  
Old 02-11-2006, 11:36 AM
Munchkin03 Munchkin03 is offline
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Quote:
Originally posted by moe.ron
Just wondering, shouldn't be there a yearly audit done by an independent firm?
There really should be. We always had an accountant on our alum board, who would work with the VP-Finance every quarter to make sure everything lined up, and this was just a u-grad chapter. If it's not in the governing documents of an international organization, something is terribly amiss.

This is heartbreaking stuff, though.
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  #74  
Old 02-12-2006, 03:19 PM
NUPE4LIFE NUPE4LIFE is offline
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Zeta will move on from this. Now as we all move on, here's a question for thought. Will we now do credit and background checks on people wanting to lead our orgs. I work for the FSU Foundation and we have to go through both a credit check and background screening.
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  #75  
Old 02-12-2006, 10:42 PM
darling1 darling1 is offline
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interesting....

foundations can/will decide individually what they want to do. with a credit and background check, those things can be a deterrent (sp?) and will provide a sense of security in that a clean credit and background would mean the that there will be no problems when it comes to a foundation's money.

however, if people want to steal or get over they will try for a variety of reasons. this is why it is important for there to be proper checks and balances and for people to not be fearful of stepping up when there is some impropriety going on.


Quote:
Originally posted by NUPE4LIFE
Zeta will move on from this. Now as we all move on, here's a question for thought. Will we now do credit and background checks on people wanting to lead our orgs. I work for the FSU Foundation and we have to go through both a credit check and background screening.
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