The majority of the people involved in the sale of RAAM to the UMCA and the creation of a “for profit” corporation called RAAM LLC, Inc. (who were granted rights from the UMCA to produce RAAM) are leaders in the UMCA government and investors in RAAM LLC, Inc. In other words, these individuals are wearing two hats and are in conflict of interest in several areas. What is best for the UMCA and what is best for RAAM is not always the same. What we have is a private company taking advantage of a non-profit 501(c)3 association and maximizing their personal earning potential. It is believed by many UMCA members that these private investors are trying to have as much control over the affairs of the UMCA as possible.
Fred Boethling:
RAAM 'Angel': Boethling and Hughes are the leaders in buying RAAM from start to finish.
RAAM LLC, Inc.: The CEO has exclusive rights to host RAAM for the next 5 years and also is investing in the company.
RAAM Officer: Boethling is the RAAM President/CEO.
UMCA-RAAM Business: Crafted the contract between UMCA and RAAM.
Executive Committee: Boethling is now a non-elected member, non-attorney, present in the committee making UMCA Bylaw changes as reported in the September-October UMCA issue. You can observe that all changes will benefit his earning potential in RAAM.
Board of Directors: Boethling is now sitting on the UMCA Board instead of the RAAM Race Director, per the rules in the Bylaws. He takes part in all known teleconferences.
John Hughes:
RAAM 'Angel': Hughes and Boethling are the leaders in buying RAAM from start to finish, as Hughes reported in Greg Pressler’s article.
RAAM LLC, Inc.: Hughes is investing in RAAM LLC, Inc. and he said his profits from RAAM, LLC will go to the Annemarie McSweeney Program. However, there are UMCA members who have lost trust in Hughes and wonder about this.
UMCA-RAAM Business: Hughes assisted in developing UMCA's contract for licensing RAAM to RAAM LLC, Inc. Hughes is the Managing Director of the UMCA and presents a clear conflict of interest in all matters that involve RAAM. (Again, this is why some UMCA members wanted to see the contract between UMCA and RAAM.) All requests for seeing the actual contract have been denied.
Executive Committee: Of course, he is on the committee.
Board of Directors: Of course, he's part of the Board.
Terry Zmrhal:
RAAM 'Angel': One of the donors helping to purchase RAAM.
RAAM LLC, Inc.: Zmrhal is an investor in the company.
RAAM Officer: Zmrhal is the Race Director--and was supposed to be on the Board because of his title, not Boethling.
Muffy Ritz:
RAAM 'Angel': One of the donors helping to purchase RAAM.
RAAM LLC, Inc.: Ritz is an investor in the company.
Board of Director: Elected member of the Board, who voted to approve RAAM Sale. Her Board term will end when the next election is completed and approved.
Lee Mitchell:
RAAM 'Angel’: One of the donors helping to purchase RAAM.
RAAM LLC, Inc.: Mitchell is an investor in the company.
Board of Director: Elected member of the Board, who voted to approve RAAM Sale. His Board term ended on June 2007, after the May 2007 election approval.
Jeff Stephen:
RAAM Officer: Currently working in the VP Sales and Marketing area.
UMCA-RAAM Business: Helped Hughes write the 'Lee Mitchell Letter' for campaigning for the six candidates Hughes wanted on the Board. He mailed the letters.
Executive Committee: UMCA Treasurer at the time of RAAM Sale.
Board of Director: Took part in the meeting to approve the RAAM Sale, but didn't take part in the voting. He later resigned from the Board to work as a RAAM officer to avoid any legal conflicts of interest.
Walt Chapman:
RAAM 'Angel': One of the donors to helping purchase RAAM.
RAAM LLC, Inc.: Chapman is investing in the company.
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