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CORPORATION BY-LAWS
ARTICLE I
NAME
The name of the organization shall be “KERALA ASSOCIATION OF COLORADO” (KAOC) hereinafter referred to as KAOC or the Association.
ARTICLE II
LOCATION AND ADDRESS
The location of the organization will be decided from time to time by the Executive Committee until a permanent place for office is established. Based on the agreement by the executive committee of the Association at the time of the writing of these by-laws of the Association, it has been decided that it will be the address of the residence of the current President of the Association.
ARTICLE III
AIMS AND OBJECTIVES
The Association shall be conducted as a non-profit, secular and cultural organization and shall:
- Maintain and promote the cultural and educational heritage of India in general, Kerala in particular.
- Serve as a forum of friendship and exchange of ideas and information for the Malayalees in Colorado.
- Sponsor meetings and artistic events with distinguished visitors from India, and Kerala in particular.
- Celebrate festivals that are dear to the Keralites.
ARTICLE IV
DEFINITION OF TERMS HEREINAFTER USED
- Fiscal year for the Association shall be from January 1st to December 31st.
- Family will include an individual and his/her spouse, and only their dependent children and dependent parents living in the same household.
- Committee means the executive committee.
- General Body means all the members above the age of 18 who have paid membership dues and granted voting rights by the Association.
- Association is the Kerala Association of Colorado also referred to as KAOC.
ARTICLE V
MEMBERSHIP
- The membership in the Association will be open to everyone interested in promoting the aims and the objectives of KAOC as defined in Article III above and evidenced by payment of membership fees and to those members who abide by the internal regulations of the association.
- In the event of an election being announced to elect office bearers to the Executive Committee, no new memberships will be accepted from the date of such announcement to the end of that fiscal year.
- Membership Period: The membership is valid from the date of payment of membership fees to the end of the running fiscal year.
- Family Membership: Applicable for a family limited to the adult member of the household, his or her spouse and dependent children and parents. The voting rights will be limited to two adult members.
- Individual Membership: Applicable for single individual above the age of eighteen. The individual member will be entitled to one vote.
- Membership Fees: The executive committee may review/revise the fee structure as needed only at the beginning of the fiscal year. For the current year’s membership prices, please check the membership section on the website.
ARTICLE VI
MEMBER’S RIGHT
The members shall have the following rights:
- Attend general body meeting, discuss and vote on items included in the agenda.
- Benefit from the facilities provided by the association for its members.
- Obtain the associations communications.
- Have access to view the records, documents and correspondence of the association at the times determined by the executive committee in the presence person(s) responsible.
ARTICLE VII
ELECTION
- The current Executive Committee will solicit for nominations from the General Body for the office of President, Vice President, Treasurer, Secretary and Joint Secretary.
- In case of multiple nominations being received, election shall be by secret ballot, through online voting.
- The Committee shall determine the date of election and communicate the information to all members of the association.
- A candidate running for office shall be an active member who has paid all membership dues of the association for two consecutive years.
- The President nominated or elected will be invited to form the executive committee.
ARTICLE VIII
EXECUTIVE COMMITTEE
- The Executive Committee shall consist of the President, Vice President, Secretary, Joint Secretary, Treasurer, and up to twelve Executive Committee members.
- The President of the Committtee has be elected by the General Body in accordance with the election procedure mandated in Section VII of the Bylaws.
- All Officers of the Association shall serve without salary or remuneration.
- The Committee will assume office for a period of one fiscal year. At the end of the fiscal year, all the committee members will cease to have the powers granted by virtue the office they held in the committee including, but not limited to executive and financial decision making powers and access to bank accounts in the name of the association.
- No Officer shall hold an office in the committee consecutively for more than two terms.
- The Committee shall be comprised of the officers, and shall be presided over by the President.
- The quorum of the Committee shall be 5.
- Proxy Vote: In exceptional situations, an absent executive member’s phone call to two members who are in attendance will be considered as a proxy vote to fulfill the quorum.
- The Committee shall be directly responsible to the General Body of the Association.
- The Secretary, in consultation with the President, shall convene the Committee meeting when necessary.
- The Committee has collective responsibility and conducts its business by implementing decisions taken through collective discussion. The discussions can be in-person, telephonic, online, or through e-mail.
- The Secretary shall keep minutes for all decisions taken and publish them to all Committee Members after the minutes are approved by the Executive Committee. The Executive Committee can withhold information that it considers to be sensitive from reaching the non-members of the association.
- The Committee members shall spend Association’s funds only after prior approval of the Executive Committee except in extraordinary circumstances. The Executive Committee members may spend up to $100 on behalf of the Association in the event of an unforeseen circumstance that prevented obtaining prior approval from the Executive Committee. All expenses not approved by the Executive Committee can only be reimbursed after obtaining authorization from the President, Secretary, and Treasurer. In addition, the total spending without prior Committee approval on any event shall not exceed $100.
- The Committtee will keep a record of all login details for online accounts registered under the name of KAOC and hand it over at the end of their term to the succeeding committee.
- ADVISORY COMMITTEE: The Executive committee can form an advisory committee at their discretion and request for distinguished members of KAOC to become members of the Advisory Committee. The Advisory Committee members will hold office for the period co-terminus with that of the Executive Committtee that appointed them.
ARTICLE XI
DUTIES OF OFFICERS
- President: The President shall preside over the General Body and the Executive Committee.
- The President may cast his or her vote only in case of a tie in either meeting.
- The President shall enter into contracts on behalf of the Association only with the approval of the Executive Committee.
- In the event of any office becomes vacant, the President shall appoint a member to fill the vacancy, subject to the approval of the Executive Committee.
- Vice President: In the absence of the President, the Vice President shall assume the responsibilities of the President in presiding over the meeting of the General Assembly and the Executive Committee. In the absence of the President and Vice President, the General Assembly or the Executive Committee, may elect a temporary President for that meeting.
- Secretary: The Secretary shall be responsible to convene the meetings of the General Body and the Executive Committee in consultation with the President.
- The Secretary shall record and keep the minutes of the General Assembly and Executive Committee meetings.
- The Secretary shall be the spokesperson of the Association and shall assume ownership of all communication on behalf of the Association.
- The Secretary shall file for the periodic report to the office of Colorado Secretary of State before May 31st of the current fiscal year.
- The Secretary shall arrange for the handover all records and accounts including the accounts for Association’s website, and other social media channels when the new Executive Committee assumes office.
- The Secretary shall update contact address and by-law amendments on behalf of the Association.
- Joint Secretary: In the absence of the Secretary, the Joint Secretary shall assume the responsibilities of the Secretary. In the absence of the Secretary and Joint Secretary, the General Assembly or the Executive Committee may elect a temporary Secretary for that meeting.
- Treasurer: The Treasurer shall be responsible for all monetary concerns of the Association and shall keep a fair and accurate account of the income and expenditures.
- The Treasurer shall deposit in the bank, in the name of the Association, any and all amounts.
- The Treasurer shall keep a register of the members and friends of the Association.
- The Treasurer shall prepare a budget and present it to the Executive Committee.
- If the expenses of the Association exceed Five Hundred Thousand dollars ($500,000), a CPA must be appointed to audit the accounts.
- The Treasurer shall present an itemized statement of account of all income and expenditures on behalf of the Association to the Executive Committee at the beginning of each quarter.
- The President, and the Treasurer shall have the authority to sign checks and shall have access to tools used for bookkeeping. The President may only exercise this authority with the prior knowledge of the Treasurer.
- The Treasurer shall handover all records including Association’s bank account details, check book, and other electronic accounts information when the new Executive Committee assumes office.
- Accounts of expenses incurred during the fiscal year of the current Executive Committee has to be presented to the general body and made available as a document accessible to all members, prior to the next Executive Committee assuming office. At the end of each year, any balance in the checking account in excess of $750.00 shall be transferred to the interest-bearing savings account.
- Treasurer shall comply with the government and/or governmental agency regulations with respect to 501(c)(4) organizations. The Treasurer will be responsible for filing Form 990-N for the fiscal year he holds office which is due every year by the 15th day of the 5th month after the close of the current fiscal year. The Treasurer shall hand over the login details for the IRS e-filing to the successor of his office.
- In the event of the Treasurer unable to carry out the functions due to a just cause for an extended period, as determined by the Executive Committee, the Executive Committee shall appoint an Executive Committee member as the temporary Treasurer for that period.
- Executive Committee members: The Executive Committee members individually or collectively carry out the functions of the association by executing decisions taken by the Executive Committee. Each Executive Committee member has one vote. Decisions are taken using a simple majority vote of the Executive Committee.
- Any member of the Executive Committee may resign at any time by submitting his/her resignation to the President in writing.
- Any or all members of the Executive Committee may be removed at any time with justifiable cause by a majority vote of the general body. The cause could include but, is not limited to the following:
- Abstains from four (4) meetings continuously without sufficient cause
- Perceived to have a conflict of interest
- Found misusing his/her authority, or association’s funds
- Consistently working against the interests and objectives of the association
- Should any member of the Committee fail to attend four consecutive committee meetings, the Secretary shall issue a show cause notice to the member. The member’s reply shall be discussed in the Committee, and if the Committee determines that the absence is not caused by sickness or by any other just cause, his or her office shall be declared vacant by the President, subject to the approval of the Committee..
- Any Committee Member who fails to adhere to the by-laws of KAOC if removed from the Committee subject to disciplinary action will be barred from becoming a Member of all future Committees.
ARTICLE X
AMENDMENTS
- Any amendments to the Corporation By-laws can be introduced by any member of the Advisory Committee or Executive Committee, or initiated by at least ten percent of the current membership conveyed to the President, in writing, at least fifteen days before the meeting of the General Body. All amendments, must have the approval of two thirds of the members present and voting in the General Body meeting
- All amendments made after the incorporation of the bylaws shall be published in the association’s website and emailed to all the members.
ARTICLE XI
EFFECTIVE DATES FOR BYLAW INCORPORATION & AMENDMENTS
- Saturday, May 27th, 2017 – Bylaws finalized.
ARTICLE XII
AMENDMENTS
FINANCIAL
At the end of each Fiscal year, the current Committee would transfer the funds of up to $5,000 to the succeeding team. In the event of an excess of $5,000 closing balance for the fiscal year, the excess amount or 20% of the balance, whichever is higher, will be transferred to the Association’s Reserve Fund savings account (separate from the existing checking account). In the event of closing balance being less than $5,000, the year’s Committee will transfer funds amounting to 20% of the total closing balance to the Reserve Fund Saving Account. The remaining funds will be left in the Association’s checking account as a working capital for the succeeding committee. This money shall be set aside for long-term investments such as the construction of community building. The money in the Reserve Fund savings account shall be withdrawn only on obtaining written consent via email from 2/3 or more of the respective years’ paid members. The consents obtained should be available for review by any member of KAOC. The signatories of said savings account will be the responsibility of respective year’s President and Treasurer the approval of a member team, who will be hence referred to as the Board. The responsibility of operating this saving account with full transparency will fall on them. It is also the responsibility of the Board to make sure that each year the balance is transferred to the Reserve fund as per the guidelines mentioned above.
The said board will have
- Nine members who will serve a 5-year term. At the end of which, members can continue in the board for one additional term.
- The Board will be an independent entity and will not have any role in the yearly activities of KAOC.
- Members would have held major executive roles (President, Vice-President, Secretary or Treasurer) in KAOC.
- Members should have been a paid member 2 years prior to induction into the Board.
- New members can be nominated only by existing Board members.
- Board members have to be residents of Colorado during the term.
- Should a Board member be appointed to the Executive Committee of KAOC., he/she will have to resign from the Board.
SOCIAL MEDIA
Only paid members will have access to KAOC’s FACEBOOK social network group. Only the President, Secretary and Web Administrator will have authority to permit changes, or accept requests to be published on the social media page. KAOC Facebook page and IDF page will be accessible to the general public.
ARTICLE XIII
EFFECTIVE DATES FOR AMENDMENTS
Monday, December 31, 2018. Bylaws amended.
