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Midwest Chapter Annual Meeting

Midwest Chapter Annual Meeting. Financial Status. Midwest Chapter Annual Meeting. 2. Bylaws Bylaws 501C6 are an IRS requirement The IRS requires each chapter to demonstrate they are formally organized Chapter profits must be less than $25,000 per year

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Midwest Chapter Annual Meeting

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  1. Midwest Chapter Annual Meeting • Financial Status

  2. Midwest Chapter Annual Meeting 2. Bylaws • Bylaws 501C6 are an IRS requirement • The IRS requires each chapter to demonstrate they are formally organized • Chapter profits must be less than $25,000 per year • Each Chapter’s Insurance plan is under WEDA Corporate • Is a change to insurance wording needed in Bylaws? • See recommended changes to Bylaws • Need motion to modify Bylaws • Reference Article IV Section 3

  3. Midwest Chapter Annual Meeting 3. Elect new Midwest Chapter Officer

  4. Midwest Chapter Annual Meeting 4. Location and Dates for next Midwest Chapter Conference • Recommendations from the floor • Executive committee: • Pick 2 or 3 sites from recommendations • Negotiate with hotels for draft contract/markup contract/iteration before agreement is reached with hotel • Select final location and date for conference 5. Other Business

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