Difference between revisions of "Meetings of Non-Profit Members (AGM, SGM) (Societies Act FAQs)"

Legally speaking, the non-profit’s financial statements must be presented and the members of the non-profit must vote to approve the non-profit’s financial statements and, if the non-profit has an auditor, the auditor’s report. The non-profit must also deal with any matters that are required to be dealt with at an AGM per the non-profit’s bylaws. For example, many non-profits’ bylaws state that director elections must occur at the AGM. However, these minimum requirements do not limit what non-profits ''may'' do at an AGM. For example, some non-profits use AGMs to gain member input, conduct year-end reviews, conduct volunteer development, or do strategic planning for the upcoming year.