1. SOBA AMERICA: THE WAY FORWARD
Bertrand Fote, MD, MBA, FACEP, CCA
Project Lead
Vice-President, SOBA America

2. Status Summary Listen to SOBANS’s concerns
Communicate plan to SOBA America and IMPLEMENT
National level
Chapter level
Individual SOBANS
Evaluate and adopt recommendations from expert
Hire Independent Consultant with appropriate expertise
Listen to SOBANS’s concerns

3. New SOBA America Structure
Social Arm – SOBA America
Cater to membership needs and brotherhood
USA and Canada membership
US Fundraising Arm – Sasse Alumni Association – USA
501(c) 3 solely for fundraising
USA membership
Canadian Fundraising Arm – Sasse Alumni Association – Canada
Canadian Charity solely for fundraising
Canada membership

4. New SOBA America Structure
SOBA America, Inc.
Sasse Alumni Association, Canada
Sasse Alumni Association, USA

5. SOBA America – Social Arm
Goals:
Maintain the US/Canada Union
Member benefits
Brotherhood/Social
Structure:
Create US For-Profit entity and domesticate in Canada
Chapters will use new SOBA America tax ID instead of current Sasse Alumni Inc. tax ID
Chapters will have some reporting responsibility

6. Attention Areas for Chapters
Key Operational and structural changes
Chapters will use SOBA America, Inc. Tax ID for their back account. DBA designation
Any chapter currently using Sasse Alumni Assc. Tax ID needs to close that bank account
Tax filing reporting requirements
Chapters will report all financial activity to SOBA America
Annual income/expense report due January 31st for tax-filing
Quarterly Chapter president reports

7. Sasse Alumni Association – Fundraising Arms
US: - 501(c) 3 already in place.
Canada: Will create charity per Canadian law by December 31st
National Leadership team will work with Montreal and Ontario leadership to accomplish this
Board of directors
Sole goal is fundraising and management of funds raised for non-profit activity
Work with NEC

8. Sasse Alumni Association – Fundraising Arms: Board of Directors
7 members for 2-year term
Board members shall have the following expectations:
Respect the relationship between board and SOBA America leadership and membership
Engage in strategic planning including fundraising
Financially support Sasse Alumni Association
Serve as an ambassador for the Sasse Alumni Association
Actively participate in all committee and three board meetings
Prepare for the meetings – stay informed
Help measure board performance
Be an advocate and cultivate and engage others in supporting Sasse Alumni Association and SOBA
Represent the association at SOBA America events when called upon

9. Sasse Alumni Association – Fundraising Arms: Board of Directors
The Board of Directors shall have the following functions
(1) Oversee and direct ALL non-profit fundraising activity of SOBA America carried under IRS Section 501(c)/CRA rules. All such activity must be approved by the board
(2) Oversee and direct ALL projects carried by SOBA America with funds rose under IRS Section 501(c) /CRArules. All such projects must be approved by the General Assembly first, before brought to the Board for final approval
(3) Ensure that there is proper record keeping of all fundraising activity, funds and projects carried out under IRS Section 501(c)/CRA rules. 

10. SOBA America, Inc. and Sasse Alumni Association
SOBA America shall set agenda for projects
All projects must be approved by SOBA America
Board of Directors/Sasse Alumni Assoc. approves funding
Sasse Alumni Assoc. Board works with SOBA America to ensure project is carried and for accountability/reporting
SOBA America President’s authorithy
Appoints Board Chair
Board chair reports to SOBA America President

11. Questions?