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HomeMy WebLinkAboutrestated articles of incorporation,� e c?cA"f 6ff MIAMI ROWING & WATERSPORTS CENTER, INC. ATTACHMENT TO FORM 1023 59-1952997 7. rn � •~tip, r Ot : The undersigned, President of Miami Rowing Club, Inc., hereby files these Restated Articles of.lncorporation which have been adapted pursuant to Florida Statute Section 617.1007. NOT FOR PROFIT MIAMI ROWING CLUB, TNC, RESTATED ARTICLES OF INCORPORATION ARTICLE I NAME The name of this Corporation shall be MIAMI ROWING & WATERSPORTS CENTER, INC. ARTICLE II PURPOSES AND POWERS Section 2.01 - General Purpose The purposes for which the corporation is organized are exclusively charitable, scientific, literary, and educational within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986 or the corresponding provision of any future United States Internal Revenue law (the "Code"). The Corporation's purposes as herein stated shall be carried out by its Board of Directors in a manner that will enable the Corporation to qualify as a charitable organization within the meaning of Section 501(c)(3) of the Code. To this end the Corporation shall have the corporate powers as provided in Section 617.0302, Florida Statutes. Section 2,02 - Specific Purposes The specific purpose of this Corporation are (i) to promote an educational program devoted to the development of amateur rowing and watersports as a means of athletic competition and attainment of physical fitness, (ii) to stimulate and foster interest in rowing and watersports among amateurs as individuals and in clubs, colleges, schools and industries, in the primary geographic area of Southeast Florida, (iii) to advance the principles and standards of amateur competition, (iv) to promote interest in rowing and watersports through competition and the holding and regattas, and (v) to use every reasonable effort for the advancement and upbuilding of amateur rowing and watersports in accordance with the best traditions of sport. Section 2.03. - Charitable Organizations Provisions Notwithstanding any powers granted to this Corporation by its Articles, By -Laws or by the laws of the State of Florida, the following limitations of powers shall apply. a. No part of the net earnings of the Corporation shall inure to the benefit of any member, director, officer of the Corporation, or any private individual (except that reasonable compensation may be paid for services rendered to or for the Corporation affecting one or more of its purposes, and except to the extent that benefit inures to persons in accordance with the carrying out of the Corporation's charitable purposes), and no member,, director, officer of the Corporation, or any private individual shall be entitled to share in the distribution of any of the corporate assets on dissolution of the Corporation. b. No part of the activities of the Corporation shall be the carrying on of propaganda, or otherwise attempting, to influence legislation, except to the extent permitted by the Code and directly related to the Corporation's charitable purposes. c. The Corporation shall not participate in or intervene in (including the publication or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. d. Notwithstanding any other provision of these Articles, this organization shall not carry on any activities not permitted to be carried on by an organization exempt from federal income tax under Section 501(c)(3) of the Code. e. Upon the dissolution of the Corporation, assets shall be distributed for one or more exempt purposes within the meaning of Section 501(c)(3) of the Code, or shall be distributed to the federal government, or to a state or local government for a public purpose. Any such assets not so disposed of shall be disposed of by a court of competent jurisdiction exclusively for such purposes or to such organization or organizations, as said court shall determine, which are organized and operated exclusively for such purposes. be: ARTICLE III PRINCIPAL PLACE OF BVSINES,s AND MAILING ADDRESS The principal place of business and the mailing address of the Corporation shall 3832 Shipping Avenue Miami, Florida 33146 •z- ARTICLE IV REGISTERED OFFICE AND AGENT a. The Street address of the registered office of the Corporation is: Howard Kosowsky 3832 Shipping Avenue Miami, Florida 33146 b. The name of the registered agent of the Corporation located at the address of the registered office is Howard Kosowsky. ARTICLE V METHOD OF ELECTING BOARD OF DIRECTORS The Board of Directors shall be elected as provided in the By -Laws.. ARTICLE VI AMENDMENT These Articles of Incorporation may be amended by the Board of Directors at any time and from time to time provided that no amendment adversely affect the status of the Corporation as an organization described in Section 501(c)(3) of the Code. IN WITNESS WHEREOF, the undersigned, being the president of Miami Rowing Club, Inc., has hereunto set his hand and seal this 2.i day of 007)601_ , 1997. AUL RELLANO, PRESIDENT • 3 • STATE OF FLORIDA ) COUNTY OF DADE The foregoing instrument was sworn to ands cribe b Oore me at Dade County, Florida, this 2 day of OC11 Psi 1997 by ,v f � /Y,1- 4 who is personally known to me orra-produce'd-1 es-ideT'ttfifioation. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal on this .2r day of Ocf/a- , 1997. My Commission Expires: My Commission Number: 61k1 Notar Public State of Florida at Large Notargt My Corymm IVo txPErox 11/1U'96 (Print name of Notary)