What is the name of your state (only U.S. law)? Florida
We are a small Homeowners Association. The covenants and bylaws say nothing about a social committee.
Traditionally, the Social Committee is made up of anyone willing to volunteer and as you might expect the number of volunteers is few. Originally, the budget was very small and was generated from 50/50 drawings and an annual rummage sale. Now, however, the rummage sales have been surprisingly productive and the Social Committee at any given time might have $1500-$2000.
They take care of things like potlucks and picnics, and even donated money for steps built from the parking lot to the clubhouse.
The Board has never funded the Social Committee nor controlled it in any way.
Does the Board need to be concerned, since the Social Committee is allowed to use HOA facilities and to plan events, about making sure that the money raised is used appropriately? Should the funds be audited?
Any suggestions?
We are a small Homeowners Association. The covenants and bylaws say nothing about a social committee.
Traditionally, the Social Committee is made up of anyone willing to volunteer and as you might expect the number of volunteers is few. Originally, the budget was very small and was generated from 50/50 drawings and an annual rummage sale. Now, however, the rummage sales have been surprisingly productive and the Social Committee at any given time might have $1500-$2000.
They take care of things like potlucks and picnics, and even donated money for steps built from the parking lot to the clubhouse.
The Board has never funded the Social Committee nor controlled it in any way.
Does the Board need to be concerned, since the Social Committee is allowed to use HOA facilities and to plan events, about making sure that the money raised is used appropriately? Should the funds be audited?
Any suggestions?