Greater Cheyenne Chamber of Commerce Business Journal and Other Publications Q1 2016 Business Journal | Page 40
Navigating the Waters of
Non-Profit Boards
Mandy Fabel
There are thousands of non-profits in Wyoming and each one is
legally required to have a volunteer Board of Directors. That means
Does Your Board Experience Span
Multiple Decades?
that if you live somewhere for longer than six months and you have
First, thank you for your service to non-profits in your
a pulse, you will likely be asked to join a non-profit board at some
community. We know it is not always an easy job and we
point. If you own or operate a business, you’re even more likely to
appreciate your involvement. Second, have ever been
be a candidate because the Board might be hoping to get a few
confused about the work the board is actually supposed
goods or services out of you. Sound familiar?
to be doing? On one board you are focused on creating
New to Non-Profit Boards?
policy and strategy and on another board you find yourself making or advising on operational decisions. Well,
Before you dive into the role of Board Member, it is important to
you’re not alone in noticing this large variance, and we’ll
understand the legal obligations, expectations, and best practices
explain why on the next page.
for serving on a Board. Take our quiz below and see how the
non-profit in question stalks up.
What is your non-profit status?
There are multiple types of non-profits and each has a different set
of legal ramifications. The most common are 501(c)(3) charitable
organizations, but there are also 501(c)(4) and 501(c)(6) entities.
In Wyoming there are also organizations who never received
or failed to maintain a non-profit status. All can be effective, it is
just important to understand the type of legal entity you might be
governing.
40 | Quarter 1 M 2016
What are the expectations of the
Board members?
Notice this question does not say, “How often do you meet?” There
are many commitments to serving on a non-profit Board outside
of the meetings. Some Boards require a monetary donation each
year while others ask their board members to contribute hundreds
of hours of time to events and programs. It is also appropriate to
ask if there are Board term lengths and limits. Too often people join
a Board and do not have an option to leave the Board until they
move or die…seriously.
What are the biggest challenges and decisions
facing this Board?
Board meetings have a bell curve similar to the one for family
holiday dinners—sometimes they can be perfectly charming and
other times they can include yelling matches and mashed potatoes