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<p>Concur from W3XG.</p>
<p>Kris<br>
</p>
<div class="moz-cite-prefix">On 12/28/2022 2:08 PM, Phillip Barsky
via NCDXA wrote:<br>
</div>
<blockquote type="cite"
cite="mid:CALoqQd7_7WMgqHvjgmDz7w03mrZbdkp5fWX4GjO0ZjL6=chaxw@mail.gmail.com">
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<div class="gmail_default"
style="font-family:georgia,serif;font-size:small">
<div class="gmail_default">To all paid up Full members,<br>
</div>
<div class="gmail_default"><br>
</div>
<div class="gmail_default">Fred Laun, our President, is
presently in the hospital getting treated for Covid and an
infection. He is in the ICU at this time. He has informed
the board that he will be resigning as President of NCDXA
effective 1/1/23. This has necessitated the
following actions.</div>
<div class="gmail_default">1) To avoid future large accounting
fees, we will be closing the present Virginia Corporation
effective at the end of the year.</div>
<div class="gmail_default">2) We will be reorganizing as a Tax
Exempt Non-stock Corporation, section 501-C -7 Social Club
in the State of Maryland. It will cost $170.00 to
establish the Corporation. The present board will initially
comprise the required 3 officers and 1 Director ( one of the
officers) until we can hold new elections early next year. </div>
<div class="gmail_default"> a) Additionally we will file
for a new Federal ID Number using SS4 form</div>
<div class="gmail_default"> b) We will file a 1024 Form
with our new ID Number, to the IRS, to apply for exemption
from taxes. This will allow simple filing of yearly tax
reporting via Form 990.</div>
<div class="gmail_default"> c) A new Checking account
will be established at Wells Fargo bank which will contain
all of the funds of the present account (<span
style="color:black;font-family:Calibri;font-size:12pt">$5475.34) </span>minus
the $170.00. We will close the present United Bank account
and transfer all funds to the new account. </div>
<div class="gmail_default"><br>
</div>
<div class="gmail_default"><br>
</div>
<div class="gmail_default">Please give the board an Up or Down
vote, ASAP, on the proposal which will save the club
substantial amounts of accounting fees each year, which Fred
had been paying out of his pocket. Call me with any
questions. </div>
<div class="gmail_default"><br>
</div>
<div class="gmail_default">Respectfully, for the board</div>
<div class="gmail_default"><br>
</div>
<div class="gmail_default">Phillip Barsky</div>
<div class="gmail_default">NCDXA Treasurer</div>
<font style="font-family:Arial,Helvetica,sans-serif"
color="#888888">
<div class="gmail_default" style="font-family:georgia,serif">301-266-6666</div>
<div class="gmail_default" style="font-family:georgia,serif"><br>
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</font></div>
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<br>
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<pre class="moz-quote-pre" wrap="">_______________________________________________
NCDXA mailing list
<a class="moz-txt-link-abbreviated" href="mailto:NCDXA@ncdxa.org">NCDXA@ncdxa.org</a>
<a class="moz-txt-link-freetext" href="http://mail.rickmurphy.net/mailman/listinfo/ncdxa">http://mail.rickmurphy.net/mailman/listinfo/ncdxa</a>
</pre>
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