We have around 200 members and had that problem. Every Christmas the President would show up with a new huge plane. Our balances ran around 2,3,4k every month. We always had new members, so where did it all go? Well, we got rid of them and put new people in. After almost three years now, our balance is a very good five figure, and that is after buying a new club building three times the size of the old one. We have hd tvs, flight school, refrigerator, microwave, and more. Security system with cams.
1. First, you should have a cpa go over the books from the treasurer every three months. At each monthly meeting the treasurer should be reading balances, expenditures and what they were. The cpa review will verify that. The accounting is supposed to be made available to each member.
2. Each officer is supposed to be bonded and insured against a loss.
3. If there is a suspicion that there is something going on, then the records are gathered and taken to the cpa for an accounting. If he finds irregularities, the next step is to the District Attorney. They will go over the info and determine if there is enough for a charge.
4. Should the DA say there is not enough to charge, THEN DO IT AND DON'T GET SOFT, IT WILL COME BACK TO HAUNT YOU!!!!! NO MATTER HOW MUCH HE SAYS HE WILL PAY IT BACK AND HOW FAST, IT HARDLY WORKS. YOU DEMAND the money within 30 days, put it in writing, draw up formal papers expelling him from the position and club. Let him know that you are filing a suit at the same time for this theft and the return of the money, and that it is either that or the DA and police will be looking for him. You also put the other officers on notice just in case one or more had something to do with it also.
5. Then, if there is no money, then insist the DA do something, you should have enough proof from the accountant for that and the suit. You want to hit all the guilty parties at once. There are several things that you can go after the officers for and you boot them.
6. Restitution is very important and the DA can make sure that the person knows all about it. PAY OR PLAY IN JAIL AND STILL HAVE TO PAY, SELL CARS AND HOMES.
7. ELECT NEW PEOPLE, GET THEM BONDED AND INSURED AND SIGN PAPERS STATING THEY KNOW THE RULES.
8. YOU MUST NOT DELAY!! DO IT IMMEDIATELY OR EVERYONE CAN SIT BY AND SAY THAT IT MUST NOT BE VERY IMPORTANT SINCE YOU'RE JUST MESSING AROUND.
SO, GET THE IDEA? JUST SAY'N.
Last edited by teebox11; 03-31-2015 at 06:02 AM.