BYLAWS

as resulted in General Meeting on February 18th 2007

 

Article 1- NAME

The name of the corporation is HOLY RESURECTION ROMANIAN ORTHODOX CHURCH ( the Corporation ). The Corporation is a non profit organization within the meaning of Section 501 ( c) ( 3) of the Internal Revenue Code.

Article 2 - PURPOSE

Being a non profit organization, no group or individual is supposed to benefit financially from the activities of the Corporation.

The following are the purposes for which this Corporation has been formed:

to operate a church for religious objectives

to help administer and organize the Holy Resurrection Romanian Orthodox Church

to establish and maintain a web page, to afford access to Corporation news, issues and events.

No substantial part of the activities of the Corporation shall consist on carrying on propaganda, or otherwise attempting to influence legislation and the Corporation shall not intervene in any political campaign (including the publishing or distribution of statements ) on behalf of any candidate for public office.

Article 3 - MEMBERS

All members will work voluntarily.

Membership should be open to all who adhere to the Corporation Bylaws, pay their dues and complete an application form

The members of the Corporation will enjoy the following:

recognition in our periodical

receiving the Corporation letters and announcements

discount of 10% at the Corporation activities

the privilege to influence through their presence and decision the right development of the Corporation

Any member can be expelled from the Corporation by a majority of vote at the General Meeting.

The exclusion is irrevocable. The expelled person may rejoin the Corporation after a waiting period of 2 years.

 

Article 4 - FINANCES

At this point there is a yearly due of $ 100/person

The Corporation will open a checking account at a FDIC bank

No credit cards will be issued in Corporation name.

The checks issued by the Corporation will have to be signed by 3 members, one of which will be the Treasurer and another one the President

At every end of the year the financial activity of the Corporation will be audited by a Committee formed by 3 members ( Audit Committee)

The Treasurer shall not be part of the Audit Committee.

If the yearly revenues of the Corporation will exceed $ 100,000 annually, an external financial audit shall be employed.

Article 5 - MEETINGS AND VOTE

The General Meetings of the members will be held at least annually , in the month of February.

At the beginning of each year the Board of Directors will prepare an activity report, which can be mailed to each member or discussed in the February General Meeting.

All the meetings of the Corporation will be publicly held. The documents of the Corporation shall be available for any member at any time with the exception of the donors list.

When the consensus is not met, any issue will be voted, with a simple majority of the number of the voters. Just members can vote.

The refrain from the vote will be accepted, but will not be counted in any way in establishing the final vote.

Each member shall have one vote.

Every vote will be valid as long it is taken during the General Meeting.

 

 

Article 6 - BOARD OF DIRECTORS

There will be at least 11 persons elected annually, through vote: the President, the Vice President, the Secretary, the Treasurer, three money collector’s, Lady’s Committee Director, 3 financial auditors. They will form the Board of Directors.

The above mentioned persons will establish the necessary departments.

The Board of Directors shall be elected from within the Corporation members.

Board of Directors will meet at least monthly.

In the absence of the President from the Corporation meetings, the Vice President respective the Secretary will preside the meetings.

The President responsibilities will include:

to verify the quarterly financial report prepared by the Audit commission

to chair the meetings

in case of parity vote to chose the final result

to represent the Corporation.

 

 

 

The Vice President responsibilities will include:

to help the President in his/her regular duties

to chair the meetings in absence of the President

 

The Secretary responsibilities will include

to organize the Corporation meetings

to verify the fulfillment of the Bylaws

to keep in order the Corporation ‘s documents

 

The Treasurer responsibilities will include:

custody and control of the Corporation funds

the right to sign the financial documents issued by the Corporation

Treasurer will keep a copy of any financial document issued and record them in a proper manner

to prepare the financial reports .

to keep an updated the members list.

Article 7 - THE MORAL AND ETHIC CODE

Every member of the Association shall:

listen and respect the others rights of opinion

respect the results of the vote

not use the Association for promoting personal interests for either friends or relatives.

vote the best ideas and the most capable persons

present the activity of the Association equitably.

respect the ethnic, religious and cultural diversity

show respect, compassion and understanding for the needy.

Article 8 – DISSOLUTION

Upon dissolution or winding up of the Corporation, its assets remaining after payment or provision for payment, of all debts and liabilities of this Corporation shall be distributed to a non profit fund, foundation or Corporation which is organized and operated exclusively for religious purposes and which has established its tax exempt status under Section 501 (c ) (3) of the Internal Revenue Code.

END OF BYLAWS