Nine DRCA members - five of whom are directors - are demanding an independent investigation into the business and its associated companies.
They also propose a motion of no confidence in DRCA's chairman, vice- chairman, treasurer and secretary.
According to recent accounts, King received more than pounds 40,000 over a year from DRCA and a linked company.
In a statement expressing concern about the DRCA's activities, the nine raise the issue of "the lack of availability of John King when he is paid such a considerable sum".
In the last DRCA annual report, King described a planning and training weekend held at the HQ of a leading accounting firm.
A new report by accountants reveals that DRCA is now an insolvent company.
And the DRCA is asking the local council to write off a pounds 34,000 rent demand.
According to the report, the DRCA kept no stock records, didn't file delivery notes, exercised no controls on the collection of money from vending machines, and had not given workers employment contracts.