The Charity Commission for Northern Ireland has issued a notice that it intends to remove a trustee from the Belfast-based charity Victoria Housing Estates.
CCNI announced today that Ronald E Woods would no longer be able to operate as a trustee, officer or agent of the charity, after a statutory inquiry was opened.
The regulator appointed an interim manager to the charity on 14 October and on 5 November ordered the charity to recruit additional trustees.
But the CCNI said it was "not in a position to go into further detail at this time" about why it was seeking to remove Woods or why the inquiry was triggered.
The commission has invited members of the public to give their views on its proposal through written representations, which must be submitted to the CCNI inquiries team by 5pm on 6 January.
The charity is not included on the CCNI register of charities because it is on the list of organisations deemed to be charities, which are awaiting official registration.
In 2013, Victoria Housing Estates unsuccessfully appealed to the charity tribunal in Northern Ireland against the opening of an inquiry into the charity.
Third Sector was unable to contact Victoria Housing Estates or Woods for comment on Monday morning.