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Bylaws of Flying Club 1Flying Club 1 is incorporated in the Commonwealth of Virginia as a non-stock corporation. We are also registered with the IRS as a 501(c)7 recreational corporation, being both non-stock and non-profit. A 501(c)7 corporation is essentially a non-profit hobbyist club. Articles of IncorporationThe Articles of Incorporation are the simple rules that set up Club 1 as a non-stock non-profit corporation with the State Corporation Commission in Richmond. They establish that we are a non-stock corporation with seven directors. The Articles of Incorporation are on file with the State Corporation Commission. We are Virginia corporation number 05254321. BylawsThe Bylaws are the rules that govern the operation of the club. They enumerate the powers of the directors, the officers, and the members. They say how elections work and how meetings are conducted. These are not filed with the commonwealth, but are here on the web site for all to see. BudgetThis is the Club's budget for the year. Board Meeting MinutesCumulative minutes of meetings of the Club's Board of Directors. |