dtuns Posted September 14, 2023 Share Posted September 14, 2023 8 minutes ago, BadShot said: Sorry, what is PSI? https://www.instagram.com/practical.shooting.insights/ Link to comment Share on other sites More sharing options...
ltdmstr Posted September 14, 2023 Share Posted September 14, 2023 (edited) 57 minutes ago, BritinUSA said: "Is USPSA's 501(c)(3) status impacts by the lack of corporate standing?" I don't think the lack of corporate standing impacts tax exempt status as that can be remedied fairly easily and actions taking during the revocation period are given full effect once the issue is resolved. But, failure to file required IRS Form 990, Return of Organisation Exempt from Income Tax, for three consecutive years typically results in automatic revocation (of tax exempt status). And from what I can see on the IRS website, USPSA hasn't filed that form since 2020. So, . . . Edited September 14, 2023 by ltdmstr clarification Link to comment Share on other sites More sharing options...
ltdmstr Posted September 14, 2023 Share Posted September 14, 2023 Here's the 2020 Form 990-T. USPSA 2020 990-T.pdf Link to comment Share on other sites More sharing options...
BritinUSA Posted September 14, 2023 Author Share Posted September 14, 2023 PSI = practical.shooting.insights an Instagram account Link to comment Share on other sites More sharing options...
BritinUSA Posted September 14, 2023 Author Share Posted September 14, 2023 Looking back on the archived BOD minutes there were numerous changes to the bylaws. The lawsuit alleges that under Delaware law, the BOD has only powers that are explicity defined in their incorporation document. As there is no reference to the ability to change bylaws, that authority lies with the members (via voting). None of the bylaw changes that I found between 1985 and 2010 were put to a membership vote. Instead only the BOD members had that privilege. Link to comment Share on other sites More sharing options...
BadShot Posted September 14, 2023 Share Posted September 14, 2023 Thanks, for pointing me to the Instagram info. Everyone should go read that letter, it has pretty good info. Thanks to Scott for working on this... Link to comment Share on other sites More sharing options...
davidb72 Posted September 14, 2023 Share Posted September 14, 2023 11 minutes ago, BritinUSA said: PSI = practical.shooting.insights an Instagram account That's the fella that said that Gary and Mike were out of office when this happened and that it wasn't their fault so I'm not sure how much of his misinformation I would trust. For real accurate information you should check: https://www.facebook.com/thefeedramp Link to comment Share on other sites More sharing options...
ltdmstr Posted September 14, 2023 Share Posted September 14, 2023 Considering what's already come to light, the fact that more will come out during discovery, the cost to defend this, plus the potential damages, and I think this will almost certainly bankrupt the organization. Link to comment Share on other sites More sharing options...
Maximis228 Posted September 14, 2023 Share Posted September 14, 2023 4 minutes ago, davidb72 said: That's the fella that said that Gary and Mike were out of office when this happened and that it wasn't their fault so I'm not sure how much of his misinformation I would trust. For real accurate information you should check: https://www.facebook.com/thefeedramp Thank you for the self-plug David. Link to comment Share on other sites More sharing options...
davidb72 Posted September 14, 2023 Share Posted September 14, 2023 Just now, Maximis228 said: Thank you for the self-plug David. It's a full time job correcting his mis-information. Glad to be of service. Link to comment Share on other sites More sharing options...
BritinUSA Posted September 14, 2023 Author Share Posted September 14, 2023 3 minutes ago, ltdmstr said: Considering what's already come to light, the fact that more will come out during discovery, the cost to defend this, plus the potential damages, and I think this will almost certainly bankrupt the organization. It appears that the lawsuit may be on solid ground when it comes to the lack of authority to change bylaws or even to suspend members. None of this is in the Incorporation document, and even if that document were to be changed now it would not allow what has been done in the past. I seriously doubt this will be dismissed by the court, we'll know in a month as I think they have 30 days to respond. If it survives dismissal this could get very costly for the org. Link to comment Share on other sites More sharing options...
Gene_WI Posted September 14, 2023 Share Posted September 14, 2023 35 minutes ago, ltdmstr said: Considering what's already come to light, the fact that more will come out during discovery, the cost to defend this, plus the potential damages, and I think this will almost certainly bankrupt the organization. I agree. Its over for the org. The only question now is what can/will be salvaged. As an observation. I have served on multiple boards, and worked with and for non profits. When financial data is being purposely concealed there is almost certainly embezzlement or other serious issues. Link to comment Share on other sites More sharing options...
Balakay Posted September 14, 2023 Share Posted September 14, 2023 47 minutes ago, davidb72 said: That's the fella that said that Gary and Mike were out of office when this happened and that it wasn't their fault so I'm not sure how much of his misinformation I would trust. For real accurate information you should check: https://www.facebook.com/thefeedramp LOL!. Isn't that your site? Link to comment Share on other sites More sharing options...
ima45dv8 Posted September 14, 2023 Share Posted September 14, 2023 4 hours ago, ColoradoNick said: Kind of ridiculous the DNROI thread got locked. If there’s s problem with a member’s post moderate that post, otherwise you’re effectively doing the same thing USPSA BOD is doing! There needs to be a place to discuss this. Unbelievable. Please unlock that post, i dont see anything personal… Yeah. There needs to be a place. This ain't it. Link to comment Share on other sites More sharing options...
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