VASFAA
BOARD - COMMISSIONER - COMMITTEE PLANS & REPORT FORM
(Add
additional objectives and status reports as needed)
Standard Goal 1: Evaluate
existing by-laws and make recommendations as needed to the Board of Directors to support VASFAA’s vision and
mission. [Strategic Plan 1.0, 2.0, 3.0, 4.0]
Objective 1
(HOW
the committee plans to achieve the stated goal): Review the
existing bylaws for inconsistencies, errors and omissions and recommend
corrections or additions to the Board of Directors for a general vote of the
membership
Status
Reports of Objective 1 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any
suggestions or modifications to the goal and/or the Strategic Plan):
Date: 08-12-2005
Report: In progress
Date: 11 -13 – 2005
Report: In progress
Date: 02-02-06
Report: Identified a need for a correction to the by law with reference to IRS status (501©(6); both the articles of incorporation and the bylaws make reference to the corporation as a 501(c)(3) , but the IRS granted the association tax exempt status under 501 (c) (6) - a business league. There is a sentence in our bylaws which states: "No substantial part of the activities of the Corporation shall be the carrying on of propaganda or otherwise attempting to influence legislation, except that the corporation may elect to have provisions of Section 501(h) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States internal revenue law) apply with respect to such activities.
What the IRS regulations do say about 501 (c) (6) is the following:
"Legislative activity. An organization that is exempt under section 5019©(6) may work for the enactment of laws to advance the common business interests of the organization's members."
Recommend the by laws be changed to read as follows: The Association shall not be operated for profit
(except that the Association shall be authorized and empowered to pay
reasonable compensation for services rendered and to make payments and
distributions in furtherance of its purpose as set forth in Article III,
hereof). The Association shall not directly
or indirectly participate in, or intervene in (including the publishing or
distribution of statements), any political campaign on behalf of or in
opposition to any candidate for public office.
Notwithstanding any provisions in these By-Laws or in the Association's
Articles of Incorporation, the Association shall not carry on any activities
not permitted to be carried on by an organization exempt from federal income
taxation under Section 501(a) of the Internal Revenue Code of 1954 as an
organization described in Code Section 501(c)(6), (or corresponding provisions
of any future United States internal revenue laws).DELETE: [No substantial part
of the activities of the Corporation shall be the carrying on of propaganda or
otherwise attempting to influence legislation, except that the corporation may
elect to have provisions of Section 501(h) of the Internal Revenue Code of 1954
(or the corresponding provision of any future United States internal revenue
law) apply with respect to such activities] INSERT: The Association may work
for the enactment of laws to advance the common business interests of the
organization’s members.
Objective 2
(HOW
the committee plans to achieve the stated goal):
Status
Reports of Objective 2 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any
suggestions or modifications to the goal and/or the Strategic Plan):
Date:
Report:
Report:
Date:
Report:
Standard
Goal 2:
Objective 1
(HOW
the committee plans to achieve the stated goal):
Status
Reports of Objective 1 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any
suggestions or modifications to the goal and/or the Strategic Plan):
Date:
Report:
Date:
Report:
Date:
Report:
Objective 2
(HOW
the committee plans to achieve the stated goal):
Status
Reports of Objective 2 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any
suggestions or modifications to the goal and/or the Strategic Plan):
Date:
Report:
Date:
Report:
Date:
Report:
Objective 3
(HOW
the committee plans to achieve the stated goal
Status
Reports of Objective 2 (Please report your progress toward achieving the stated
goals – this is where the committee provides updates to the Board, including any
suggestions or modifications to the goal and/or the Strategic Plan):
Date:
Report:
Date:
Report:
Date:
Report:
BUDGET
Item (Broad
general categories) Cost
Miscellaneous
$50.00
Board
Approved Amount: $ 50.00
Date: 6/14/2005
(Use
separate sheet if necessary.)