Rappcats

“Other expenses include $1279 for administrative costs and marketing, $1891 for insurance, $7403 for food and supplies, $1224 for fundraising, $24,535 for veterinary costs, including spay and neutering expenses and $529 for a special cat tree project.”

“RappCats was founded in 2007 as a nonprofit corporation under Virginia law with members. In 2020, with the unanimous approval of its board of directors and of its members at a meeting for which a quorum was present and the subsequent approval of the Virginia State Corporation Commission, RappCats became a nonprofit corporation with no members and whose board, pursuant to Virginia law, elects its own successors. Bylaws implementing the new governance form were adopted in December 2020 and address the process of electing board members and officers and setting the term of members at one year. Regular board meetings are explicitly allowed to be held virtually and members attending virtually count in determining a quorum. The bylaws include a standard of care for officers and board members. The RappCats conflict of interest policy has been placed in the bylaws along with the requirement that all officers and directors in writing acknowledge the policy and agree to comply with it. The bylaws explicitly allow records that must be preserved to be kept in electronic format and allows storage in the cloud or other readily accessible form.”