[HCoop-Discuss] Deposit/balance policies

[Steve Taylor]

Perhaps my sense of humor is not obvious. As you say
"HCoop's bylaws prohibit any compensation for its board."

Both the number of legal references on the board of director's site
and the number of references to volunteers in documentation have
already convinced me that's it's a lot of hard work without pay. If I
left any doubt of that, it's my error.

Nathan Kennedy <ntk at hcoop.net> writes:

>> That's great. Sometimes [hcoop-discuss] refers to things not
>> mentioned  -- missing links, that kind of stuff. But the board makes
>> decisions and I don't want all the nitty-gritty. That's why boards get
>> paid such exorbitant salaries :-)
>
> I assume the :-) means this is intended to be humorous, but just in case
> any of our new members have the wrong idea, while the boards of public
> corporations often are paid generous salaries (although rarely exorbitant
> compared to their management), HCoop's bylaws prohibit any compensation
> for its board.  Which is usually the case for nonprofits, including most
> cooperatives, and should not change in the future, regardless of how big
> HCoop grows or if it hires paid staff.
>
> -ntk
>
>
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