Tim Domini has put together a slide presentation of the five major concerns of a not-for-profit board and what responsibilities a board has and does not have.
Drawing from experiences while reporting to boards for the past 15 years and on over 30 years of board participation (from a Co-op board, to children's theater and an Arts Board and a community theater board) Tim has learned through experience and hard knocks the keys to effective boards and their performance.
Been on a board? Come to the presentation and enrich the discussion as we explain the key role and critical importance of the board in the realm of Not-for-profits
For the past 11 years Tim has moderated a monthly networking group for Not- For Profit financial executives. Tim has extensive experience emceeing table presentations, thought leader discussions and leading presentations on various subjects himself. Tim has been working on boards since the 1980s – he joined and then became president of a Co-op board, worked on a youth theater board, was president of the Ridgewood Gilbert and Sullivan Opera Company and currently serves as Treasurer to the Arts Rock Board in Rockland County. In the decades of service Tim has developed a sharp understanding of what works and does not work for a smooth functioning and impactful board.
Tim in his work life was responsible for financial reporting to boards for over fifteen years working with executive management to present clear and actionable reporting at the board level.
Focused on Not-for-Profit organizations for the past 20 years Tim has worked to manage reporting, public and internal, establish controls, banking relationships and has managed many operational needs from payroll to HR benefit administration to property plant and equipment. Tim has negotiated leases, been a 401K plan trustee, overseen endowment portfolios and worked closely with outside audit firms to manage recording and presenting financial results that reflect performance fairly and correctly.
After more than 30 years of full-time work Tim has transitioned to a flexible work schedule based around finding and supporting Not for profits that need a helping hand through outside services. He brings his enthusiasm for, and broad knowledge of not-for-profit issues and a desire to help to all his potential clients.
Tim has led two day-long board retreats in the past six months, focused on reinvigorating board activism and establishing short term, actionable goals.
Tim has an undergraduate degree in Finance and master’s in Management from Babson college.