By Mark Taylor
(from Jersey Coast Anglers Association October 1999 Newsletter)
We at Jersey Coast Anglers Association are proud to announce that we purchased a new piece of equipment to help us get the important information out to you, the recreational community. We purchased this equipment with some donations from a few dedicated clubs the rest from JCAA treasury, but we can use more clubs to donate to offset the cost even more. I will like to thank those clubs that donated already. This newsletter will be the first to be collated and stapled by this new piece of equipment. In the past we had dedicated volunteers that did this process by hand. We greatly appreciate their dedication. We need more people to be as dedicated as they are, to ease the work load.
We will have a table at the Fishermen Magazine Surf Fishing Seminar on Thursday, September 30 at the Holiday Inn on Route 37 in Toms River. The seminar will be held between 6:30PM and 10:00 PM. This should be a very informative fall surf fishing seminar being presented by one of New Jerseys best known surf anglers Shell E. Caris. You should try to attend if youre into surf fishing.
Jersey Coast Anglers Association has always welcomed the input of all recreational fishermen and have been pleading for people to join up and get involved. JCAA works hard every day to represent all recreational fishermen the best we can with what we have. There are some very important issues that have arisen in some of the species that we need to stay on top of. Thats why we need more people to get involved with committees, so we can have more dedicated individuals to help in the fight. If you are interest in getting involved call the JCAA office.
Start thinking about whether you be interested in becoming an officer of Jersey Coast Anglers Association for the upcoming year. Please contact the JCAA office or myself.
Remember to mark your calendar for the Jersey Coast Anglers Association Sportsperson of the Year Awards Dinner, on November 14, 1999 at Crystal Point Marina. We need help with this dinner, so those interested please contact Don Marantz at 609-259-6368 (night) and Al Marantz at 732-224-9350 (day). We still need nominations for this years recipient. Nominations will be accepted in writing at the Septembers General Meeting.
As you all know we are in the process of applying for a change in Tax Status, from 501-(c) (4) to 501-(c) (3) which will greatly benefit Jersey Coast Anglers Association in the fight to educate all. We need a By-law change to do that. This is the proposed bylaw change
Dissolution
1. Notwithstanding any other provisions of these articles, the organization is organized exclusively for one or more of the purposes as specified in section 501 (c) (3) of the Internal Revenue Code of 1954, and shall not carry on any activities not permitted to be carried on by an organization exempt from Federal Income Tax under IRC 501 (c) (3) or corresponding provisions of any subsequent Federal Tax Laws.
2. No part of the net earnings of the organization shall insure to the benefit of any member, trustee, director, officer of the organization, or any private individual (except that reasonable compensation may be paid for services rendered to or for the organization) and no member, trustee, officer of the organization or any private individual shall be entitled to share in the distribution of any of the organization's assets on dissolution of the organization.
3. No substantial part of the activities of the organization shall be carrying on propaganda, or otherwise attempting to influence legislation (except as otherwise provided by IRC 501 (h)) and does not participate in, or intervene in (including the publication or distribution of statements), any political campaign on behalf of any candidate for public office.
4. In the event of dissolution, all the remaining assets and property of the organization shall after payment of necessary expenses thereof be distributed to such organizations as shall qualify under section 501 (c) (3) of the Internal Revenue Code of 1986.
5. In any taxable year in which the corporation is a private foundation as described in IRC 509 (a), the organization shall distribute its income for said period at such time and manner as not to subject it to tax under IRC 4942, and the organization shall not;
a. Engage in any act of self-dealing as defined in IRC 4941 (d), retain any excess business holdings as defined in IRC 4943 (c), or
b. Make any investments in such a manner as to subject the organization to tax under IRC 4944, or
c. Make any taxable expenditures as defined in IRC 4945 (d) or corresponding provisions of any subsequent Federal Tax Laws.