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Constitution and By-Laws New London Girls Youth Basketball Association Article I This organization shall be known as the New London Girls Youth Basketball Association, New London, Wisconsin hereafter referred to as NLGYBA. Article II The purpose of this non-profit organization is to promote interest in, and to sponsor girl’s basketball activities in the New London area, for grades K-8th. Said organization is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organization that qualify as exempt organizations under section 501 (c) (3) of the Internal Revenue Code, or corresponding section of any future federal tax code. No part of the earnings of the organization shall insure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the organization shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in the purpose clause hereof. No substantial part of the activities of the organization shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the organization shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office. Notwithstanding any other provision of this document, the organization shall not carry on any other activities not permitted to be carried on (a) by an organization exempt from federal income tax under section of an future federal tax code, or (b) by an organization, contributions to which are deductible under section 170 (c) (2) of the Internal Revenue Code, or corresponding section of any future federal tax code. Article III Anyone 18 years of age or over and out of high school is eligible for membership. Article IV The executive officers of the NLGYBA shall be a President, a Vice President, a Secretary, and a Treasurer, who shall be elected by the membership at the May meeting, to serve for one (1) year term. Such other or additional officers and/or committees shall be appointed from among the membership as the Board of Directors shall determine. All funds of this association shall be deposited in either a checking account or savings account from which withdrawals and/or disbursements shall be made only upon the signature of both the Treasurer and one other Executive Officer. Article V The Board of Directors shall consist of the President, the Vice President, the Secretary, the Treasurer, the outgoing President, the Varsity Head Coach, and the three members at large for a one (1) year term. Nominations for officers and Board of Directors will be made by the membership at large. Article VI The election of officers shall be held on the first Wednesday of May of each year. One of the purposes of the meeting will be to elect the Board of Directors and Officers and to transact such other business as many may properly come before said meeting. Article VII If necessary, the Board of Directors of this organization shall meet one half (1/2) hour before the general meeting. Special meetings of the Board of Directors of this organization shall be held at the call of the President, or upon a call of any other members of the Board. Four (4) members or more of the Board will constitute a quorum. The Board of Directors, upon majority vote, will decide all policy changes regarding the operation of the organization. The approved policy changes will then be presented to the membership. All policy changes will first be presented to the membership as an item of discussion. The Board of Directors shall appoint two (2) members in good standing to audit the financial records of the NLGYBA annually. The appointment shall be made in May and the audit findings shall be presented to the membership at the August meeting. Article VIII The general meetings will meet on the first Wednesday of the month at 6:30 pm. General membership meetings will not be held during June and July. A special meeting of the membership may be called at the discretion of the Board of Directors. Article IX Membership dues shall be set of the Board of Directors from time to time with the approval of the general membership. Article X All meetings of the Board of Directors and/or the membership of this organization shall be conducted according to the Roberts Rules of Order. At any meeting of the membership, the vote of majority of the members present at such meeting, shall determine all questions votes upon. Article XI Upon dissolution of the organization, assets shall be distributed for one or more exempt purpose within the meaning of section 501 (c) (3) of the Internal Revenue Code, or corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not disposed of shall be disposed of by the Court of Common Pleas of the county in which the principal office of the organization is located, exclusively for such purposes or to such organization or organizations, as said Court shall determine which are organized and operated exclusively for such purposes. Article XII This constitution and by-laws may be amended at a regular or special meeting of the membership upon a majority vote of all the members present at such meetings. Unless otherwise specified, amendments to these by-laws become effective immediately after the amendment is passed. |
