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I was a little surprised that your answer to this query didn't suggest any of the worries that legitimately arise around the idea of a single-member nonprofit corporation. I have trouble seeing how such an organization could meet the cultural norms -- and maybe even the legal standards -- for assuring independence in meeting the duties of the board and in setting the compensation of the ED.
 
More generally, the desire of people to have their cake and eat it too in this realm needs to be discouraged (I believe). The privileges and exemptions NPCs enjoy are half of the bargain. The other half is a commitment to community benefit. It may be an imperfect mechanism (I certainly have seen many examples of imperfection), but an independent board is one of the devices by which that commitment to community benefit is maintained. Devices, such as the single member NPC, that undermine the independence of the board should be deprecated (when permitted at all).

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