ARTICLE IV - POWERS & POLICIES

Section 1:

The Association shall be a Section 501 (C)(3) of the Internal revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue Law) exempt, non-profit organization and shall have the power to perform functions necessary for the proper conduct of the business of the Association subject to the provisions of the By-laws.

Section 2:

The Association shall make no monetary contributions to other non-profit or charitable organizations except as set forth in Article XIII herein. No activities shall be undertaken for the individual profit of officers, board members or any member of the Association. No alliance shall be made with any religious organization, political party or candidate for political office, whether financial, by endorsement or by use of the name or mailing list of the Association.

Section 3:

All communications or publications issued in the name of the Association and any use of the name, mailing lists or membership lists of the Association must be approved by the Board of Directors and shall only be approved if found to be in furtherance of the purposes of the Association.

Section 4:

No action shall be taken by the Board of Directors, the Executive Committee or by the membership, which will result in the Association being classified for taxing purposes as an association or organization formed or existing for profit.

Section 5:

The Executive Committee will submit a proposed composite budget for the upcoming fiscal year to the Board of Directors for the Director’s approval at the first meeting of each year.

Section 6:

All members of the Board of Directors shall be subject to and agree to be bound by the Association’s Conflict of Interest Policy.