Setting up a CIC

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Comment by Nick Lee on March 30, 2017 at 15:44

Sky, also to add, I asked the Office of the Regulator for a bit of guidance on whether certain activities would be considered to be of benefit to the community, and they emailed me back today with comment on my particular case.

If you email them for guidance, I think it would be really useful to explain to them in general lay terms of how you think your activities will be of benefit to the community.

Comment by Nick Lee on March 30, 2017 at 15:33

Hi Sky, I'm not an expert at all but have been looking into this today. I found the CIC Regulator's current guidance less useful than their guidance I found written in 2010 and since replaced, now available here, see pages 9-13: http://www.artscouncil-ni.org/images/uploads/business-support-docum...

This sets out that to determine if something is of community benefit, look at the 'underlying purpose' towards which an organisation's activities are ultimately directed'. So, as a whole, what community benefit does your organisation produce? This could either be the work of the CIC directly benefits the community, or it could raise funds which are then given to another organisation and which are used to the benefit of the community.

Comments from others on this welcome, I'm thinking through myself.

Comment by Donald (Sky) McCain on March 30, 2017 at 11:31

As I remember, one cannot check the Office of the Regulator in advance to ascertain whether their objects are “In the interest of the Community.”  Thus, I am hoping someone can advise me whether they think a senior co-housing community that cooperatively owns the land and leases from the CIC to build their own dwelling would be acceptable to the regulator.  Our articles would give us total control over who can be a member, who can be a director, who can lease, and all aspects of governance.

Thanks in advance,

Sky McCain

Comment by Samina Noor Deen on March 24, 2017 at 15:03

Hi,

Are there any CIC's running in Nottingham that would be willing to share their expertise with a newbie? Thank you!

Comment by Mottie Omideyi-Akapo on October 6, 2016 at 20:51

ok. Sorry about that.

Comment by James Macfarlane on October 6, 2016 at 18:34

Mottie Omideyi-Akapo, can you ask your question in a "new discussion"? I'm happy to answer, but it's easier to keep answers and follow up questions together this way. This link should work...

http://cicassoc.ning.com/group/settingupacic/forum/topic/new?target...

Comment by Mottie Omideyi-Akapo on October 6, 2016 at 17:56

Hi everyone, I'm new to this group, so apologies if my question has already been answered somewhere along the line.  Does anyone know if having a family member on the board of a CIC is frowned upon?  I cannot find any document which states this should not be done, however I was recently informed that this was the case.

I appreciate your comments. Thank you.

Mottie

Comment by Lee Robinson on December 11, 2015 at 14:21

hello Everyone

i have an director who is whiting to do a apprenticeship and i am just trying to find out if i need to take her of the bored or not  

Comment by Rachel Gardiner-Hill on June 2, 2015 at 19:35

Thanks John that is helpful.

Comment by John Mulkerrin on June 2, 2015 at 18:35

Hi Rachel

It is normally only the Directors that are required to disclose as per most Articles of Association, your own document should confirm this if you have a look (just after conflicts of interest)

There is nothing to stop you extending it to volunteers etc, and it may be you have a reason that would make if best practice. If for eg you are a large membership CIC you could have members that are not Directors that may have a vested interest in the decisions you make, and that disclosure could make the world of difference.

You can make it a best practice principle even if it isnt a statutory requirement. But do you really need to?

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