MARISSA CHAMBER OF COMMERCE INC.

CONSTITUTION & BY-LAWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With corrections made from October 20, 2005 meeting


ARTICLE I - NAME

 

Section 1This organization is incorporated under the laws of the State of Illinois and shall be known as the Marissa Chamber of Commerce Incorporated, and shall be located in the Village of MARISSA, Illinois.

 

ARTICLE II - OBJECT

 

Section 1 -- The Marissa Chamber of Commerce is organized for the purpose of advancing the commercial, industrial, agricultural, civic and general interests of Marissa and the surrounding community.  The organization is organized exclusively for charitable, religious, educational, and scientific purposes, under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

 

Section 2 -- LIMITATION OF METHOD. The Marissa Chamber of Commerce shall observe all local, state and federal laws which apply to a non-profit corporation as defined in section

501 (c(6) of the Internal Revenue Code, as amended from time to time.

 

No officer, board member or committee member shall make public any formal action, or make public any resolution, or in any way commit the Chamber on a question of policy without first receiving formal approval of the board of directors.

 

 The Chamber may sponsor fund-raising projects provided the membership approves of the project. The proceeds of the above shall be used to further the objects of the Chamber.

 

ARTICLE III - MEMBERSHIP

 

Section 1 -- CLASSES OF MEMBERSHIP. The Marissa Chamber of Commerce shall be composed of active and non-dues paying members.

 

Section 2 -- ELIGIBILITY. Any business firm, individual, association, corporation, partnership or estate having an interest in the above purpose shall be eligible to apply for membership. All persons who are interested in promoting the stated objects of this organization, as outlined in Article II, Sections 1, 2, above, shall be eligible for membership.

 

One must apply for membership in the Marissa Chamber of Commerce by submitting a written application accompanied by the regular initiation fee and the payment of the annual dues in advance. All membership applications shall be submitted for approval by majority vote by the membership.

 


Section 3 -- ACTIVE AND NON-DUES-PAYING MEMBERS.

 

a.      ACTIVE MEMBERS. Active members are defined as members who dues are paid in full.  Active members shall enjoy all the rights and privileges of the Chamber, including the right to vote.

 

b.      NON-DUES-PAYING MEMBERS. All members attaining the age of sixty-five who have a sustained membership in the organization for the consecutive ten-year period prior to the calendar year after which they become sixty-five shall be classified as non-dues-paying members and their annual dues automatically waived. Non dues-paying members will continue to exercise the privileges of voting and holding office.

 

ARTICLE IV - DUES, INITIATION

 

Section 1 -- DUES, AMOUNT, WHEN PAYABLE. The annual dues of active members shall be established by the membership at the annual meeting. The dues shall be paid annually no later than April 1st.

 

Section 2 -- DELINQUENCY. All active members failing to pay dues by April 1st shall become delinquent. The treasurer shall notify the delinquent members by mail. The members shall have until May 1st to pay their dues. If the dues are not paid by May 1st, the memberships shall be automatically terminated.

 

Section 3 -- RESIGNATION. Each member shall be liable for dues unless a written resignation has been received by the secretary or treasurer or unless the member is deceased.

 

ARTICLE V - BOARD OF DIRECTORS

 

Section 1 -- COMPOSITION OF THE BOARD.  The board of directors shall be composed of nine (9) members, consisting of the President, Vice-President, Secretary, Treasurer, and four (4) At-large members.  In addition to the above elected directors, the outgoing president, by virtue of office held, shall continue to serve as a member of the board of directors, with full voting privileges, for one year following his term as president.

 

The government and policy-making responsibilities of the Chamber shall be vested in the board of directors, which shall control its property, be responsible for its finances, and direct its affairs.

 

Section 2 -- SECTION AND ELECTION OF DIRECTORS.  Nominations for President, Vice-President, Secretary, Treasurer, and two (2) At-Large Directors shall be held during the regular membership meeting in May and voted on in the regular membership meeting in June.  Those members being nominated should have agreed to accept the nomination prior to being nominated.  Nominations shall be open to all voting members present at the May meeting.


Section 3 -- MEETING DATES AND SEATING OF NEW DIRECTORS.  The Board of Directors shall meeting on the first (1st) Thursday of the month to develop the agenda for the regular monthly meeting of the chamber and to discuss programs, policies and procedures.  Five members shall be present to constitute a quorum of the Board of Directors.

 

All newly elected board members shall be seated at the organizational meeting of the Board of Directors to be held in July.  The outgoing president shall serve as temporary chairman of the organizational meeting until the newly elected board members are seated, then the president will resume the chairmanship of the meeting.

 

Section 4 – VACANCIES.  A member of the board of directors who shall be absent from three (3) consecutive regular meetings of the board of directors shall automatically be dropped from membership on the board, unless confined by illness or other absence approved by a majority vote of those voting at any meeting thereof.

 

Vacancies on the board of directors, or among the officers, shall be filled by appointment made by the president.

 

Section 5 -- POWER OF THE BOARD OF DIRECTORS.  The Board of Directors may adopt rules and regulations for conduction of the business of the Chamber, not inconsistent with this constitution.  The board of directors is responsible for establishing procedure and formulating policy of the organization. It is also responsible for adopting all policies of the organization. These policies shall be maintained in a policy manual, to be reviewed annually and revised as necessary.

 

They shall submit, at the annual July membership meeting, a full report of the work and finances of the Chamber.  The Board shall make recommendations on all disbursements over One Hundred fifty ($150.00) dollars.

 

Section 6 – INDEMNIFICATION.  The Chamber may, by resolution of the board of directors, provide for indemnification by the Chamber of any and all current or former directors against expenses actually and necessarily incurred by them in connection with the defense of any action, suit, or proceeding, in which they or any of them are made parties, or a party, by reason of having been officers or directors of the Chamber, except in relation to matters as to which such officer or director shall be adjudged in such action, suit or proceeding to be liable for negligence or misconduct in the performance of duty and to such matters as shall be settled by agreement predicated on the existence of such liability for negligence or misconduct.

 

ARTICLE VI - OFFICERS DUTIES

 

Section 1 -- PRESIDENT. The president shall preside at all meetings of the Chamber and the Board of Directors. He shall perform all duties incident to his office and advise such action as may be deemed by him likely to increase the effectiveness of the Chamber.

 

Section 2 -- VICE PRESIDENT. The Vice President shall act in the absence of the president.


Section 3 -- TREASURER. The treasurer shall receive and disburse the funds of the Chamber. He shall keep all monies of the Chamber deposited in the Chamber's name at a federally chartered financial institution or branch office located in Marissa. He shall make a financial report at each regular meeting, and at the request of the Board of Directors. The Treasurer shall keep books of account (dues).  Checks are to be signed according to a policy established by the board of directors.

 

Section 4 -- SECRETARY.  It shall be the duty of the secretary to conduct the official correspondence, preserve all books, records, documents, and communications, and maintain an accurate account and record of the meetings of the Chamber, the Board of Directors, and all committees. At the expiration of his term of office, he shall deliver to the Board of Directors all books and property of the Chamber.

 

Section 5 -- SECRETARY AND TREASURER. Neither the Secretary nor the Treasurer are required to be Board Members in order to hold their respective offices and will be elected by the Board of Directors at its organizational meeting prior to the July meeting of each year.

 

ARTICLE VII - COMMITTEES

 

 Section 1 -- APPOINTMENT. The president shall appoint all committees, with the advice and consent of the Board of Directors. The president shall designate who shall be chairman of each committee.  The secretary shall see that all members are furnished with copies of all committee appointments

 

Section 2 -- AUDITING. The president shall nominate an auditing committee.   It shall be the duty of this committee to examine and audit the books and accounts of the secretary and the treasurer, at the close of the fiscal year, and report its findings to the Board of Directors and to the membership.

 

Section 3 -- AUTHORITY OF COMMITTEES. It shall be the function of committees to investigate and make recommendations. They shall make a report in writing to the Board of Directors whenever necessary. No standing or special committee shall represent the Chamber in advocacy of, or opposition to, any project without the specific confirmation of the Board of Directors, or such confirmation as may be clearly granted under special powers delegated by the Board of Directors to that committee. Committees given emergency power to act shall always act with the best of their ability, always keeping the interest of the Chamber foremost in their mind while making their decision.

 

Section 4 – LIMITATION OF AUTHORITY.  No action by any member, committee, division, employee, director, or officer shall be binding upon, or constitute an expression of, the policy of the Chamber until it shall have been approved or ratified by the board of directors.

 

Committees shall be discharged by the president when their work has been completed and their reports accepted, or when, in the opinions of the board of directors, it is deemed wise to discontinue the committees.

 

Section 5 -- COMMITTEE MEETINGS. Meetings of the committees may be called by the president or secretary or by the chairman of said committee. All members shall be notified of the meeting by the chairman of the committee.

 

ARTICLE VIII - MEETINGS

           

Section 1 -- MEETINGS. The regular meeting of the Chamber shall be held on the third Thursday of each month at 7:00 p.m. at the Marissa Township Building. 

 

Section 2 -- SPECIAL MEETINGS. The president, Board of Directors, or ten (10) members may call a special meeting at which only topics listed on the agenda, as contained in the notice of special meeting, may be discussed or voted upon.

 

Section 3 -- NOTICE OF MEETINGS. Each member of the Chamber shall be given notice of every regular and special meeting, which notice shall be given in writing. These notices are to be in the mail at least five (5) days prior to the time of meeting. With the notice of a special meeting, an agenda shall be included which shall be brief in nature.

 

Section 4 -- ANNUAL MEETING. The annual meeting shall be held on the third Thursday in July of each year.

 

Section 5 -- QUORUM.  At any duly called general meeting of the Chamber, 10% of the members shall constitute a quorum; a majority of directors present shall constitute a quorum of the board of directors. At committee meetings, a majority shall constitute a quorum except when a committee consists of more than nine (9) members, five (5) shall constitute a quorum.

 

Section 6 -- LIMITATION OF DEBATE. Every member shall be entitled to speak and vote on any subject brought before the Chamber, subject only to limitation by the chair, as per Roberts Rules of Order, Section 30.

 

ARTICLE IX - ELECTIONS

 

Section 1 -- ELECTION. The election of directors shall be held at the regular meeting in June.

 

Section 2 -- NOMINATIONS. At the regular meeting in April the president shall appoint a nominating committee of five (5) members, which shall include two (2) outgoing directors plus two (2) non-director members.

 

Section 3 -- DUTIES OF THE NOMINATING COMMITTEE. The nominating committee shall prepare a list of six (6) candidates to serve as directors, which shall be presented to the membership at the annual meeting.

 

Section 4 -- NOMINATIONS BY MEMBERSHIP. At the regular May meeting, additional nominations for membership to the Board of Directors may be made from the floor, prior to the balloting. In order to serve on the Board, all members nominated as candidates for the Board of Directors shall be members of the Chamber at least two (2) years.

 

Section 5 -- RESULTS OF BALLOTING. The two (2) candidates receiving the highest number of votes cast shall be duly declared elected as members of the Board of Directors for the ensuing term of two (2) years.

 

Section 6 -- THE VOTE. In the election of directors, should a tie vote occur the membership shall vote separately on the candidates to break the tie.

 

Section 7 -- BALLOTING. All balloting at the election shall be by secret ballot and no proxies shall be allowed at any election of Directors.

 

Section 8 -- LIMITATION. Members shall be limited to one (1) vote on each ballot for any one candidate.

 

Section 9 -- JUDGES. The president shall appoint and announce at the regular May meeting, subsequent to the completion of nominations for the Board of Directors, three (3) judges, one of whom shall serve as clerk, who are not candidates for election, as such, to have supervision of the election, and such committee shall serve until the election results has been ascertained.

 

Section 10 -- RE-ELECTION OF DIRECTORS. No member of the Board of Directors, elected by ballot, thereinafter shall be eligible to succeed himself. At least one year shall intervene between the expiration of such member's term of office and his re-election as a director.

 

Section 11 -- TERM BEGINS. The Board of Directors and the officers elected by their decision shall take office at the annual meeting in July.

 

ARTICLE X – DISBURSEMENTS

 

Section 1 -- DISBURSEMENTS. 

 

(A)   Operating Expenses. No disbursements, except the ordinary operating expenses of same, and in amounts of One Hundred Fifty ($150.00) dollars or less, shall be made, unless same shall be approved by the membership with prior written notice. All disbursements shall be countersigned by the president, and the treasurer.

 

(B)   Donations. All donations of money by the Chamber shall be approved by the membership in a duly called regular or special meeting. All donations of money more than One Hundred (S100.00) dollars shall require prior written notice to the membership.

 

(C)  Charitable Request Policy.  The Chamber is will consider supporting a monetary request under these circumstances:

 

1.      Organized groups with a specific project can make a request (i.e., After-Prom committee, Girl Scouts field trip, Boy Scouts projects)

2.      All monetary requests must be made 45 days in advance of the need, to accommodate the approval and voting process.

3.      A limit of no more than $100.00 will be granted to any group or project within a fiscal year.

4.      Requests not falling within the above outlined policies may be denied.  Any exceptions and/or special requests to the above stated requirements will be considered by the Board of Directors before going in front of the Membership.

 

Section 2 -- APPROPRIATIONS. No appropriation of money or other property shall be made for any purpose other than to defray legitimate expenses of the Chamber, except by the majority vote of those present at a meeting.

 

Section 3 -- LOSS OF RIGHT TO VOTE. Members shall not be eligible to vote for any disbursement of money, stock, or other property if such a disbursement is being made to any business, organization, or corporation to which a Chamber member belongs; is a stockholder in, or is employed by or where said Chamber member holds a greater degree of interest than the average interest of other Chamber members.

 

Section 4 -- DISPOSITION OF PROPERTY AND CREATING INDEBTEDNESS. With the approval of two-thirds (2/3) of the members in attendance, after proper written notice has been given to the membership by the secretary, the membership may grant to the Board of Directors the power to:

 

·        sell, dispose of, or mortgage any real estate

·        stock, or other property held by the Chamber

·        to incur debts

·        to borrow money, giving as the necessary security mortgages to be signed by the president and the secretary, and

·        loan money

 

Further, the Board of Directors may enter into any such contracts and agreements as enumerated above and which seem to further the stated objects of the Chamber.

 

ARTICLE XI - AMENDMENTS

 

Section 1 -- AMENDMENTS. This constitution may be amended by a two-thirds (2/3) vote in the affirmative of those members present, but with a minimum of ten (10), at any regular or special meeting, provided proper notice of such proposed change has been mailed by the secretary to each member at least seven (7) days before the regular or special meeting.

 

Section 2 -- APPROVAL. All proposed amendments shall receive the approval of the Board of Directors prior to submission to the membership at a regular meeting.

 


ARTICLE XII - GENERAL

 

Section 1 -- PARLIAMENTARY RULES. The proceedings of the Chamber meetings shall be governed by and conducted according to the latest edition of Roberts Rules of Order.

 

Section 2 -- INCLUSION. No one but a member in good standing shall address the Chamber, except by invitation of the President, the Board of Directors or the Secretary.

 

Section 3 -- SEAL. The Marissa Chamber of Commerce shall have a seal of such design as the Board of Directors may adopt.

 

Section 4 -- IMPARTIALITY. This Chamber in its activities shall be non-partisan, non-sectional and non-sectarian.

 

Section 5 -- FISCAL YEAR. The fiscal year for the Marissa Chamber of Commerce shall begin on July 1st and end on June 30th.

 

Section 6 -- PLACE OF MEETING. All meetings, both regular and special, of the MARISSA Chamber of Commerce, including meetings of the Board of Directors therefore, shall be held within the confines of the township limits of MARISSA Township. Notice of the place of meeting for all Chamber meetings and meetings of the Board of Directors shall be included in the legal notice of such meetings.

 

Section 7 -- CONFLICTS.  All previous by-laws or statements of policy in conflict with these by-laws as approved on   __________, are hereby declared to be null, void, and of no consequence.

 

ARTICLE XIII

 DISSOLUTION

 

Section 1:  The Chamber shall use its funds only to accomplish the objectives and purposes specified in these bylaws, and no part of said funds shall inure, or be distributed, to the members of the Chamber. On dissolution of the Chamber, any funds remaining shall be distributed to one or more regularly organized and qualified charitable, educational, scientific or philanthropic organizations to be selected by the board of directors as defined in IRS Section 501 (c)(3).

 

ARTICLE XIV
AMENDMENTS

 

Section 1: REVISIONS - These bylaws may be amended or altered by a two-thirds (2/3) vote of the board of directors, or by a majority of the members at any regular or special meeting, providing the notice for the meeting includes the proposals for amendments. Any proposed amendments or alterations shall be submitted to the board or the members in writing, at least ten (10) days in advance of the meeting at which they are to be acted upon.

 

 

 

 

 

ADOPTED:       August 18, 2005        

 

AMENDED:      October 20, 2005

                         

                          July 19, 2007