of New York Progressive Action Network, Inc., As Amended January 2018
Article I: Name and Purpose
Section 1.01: Name
The name of the Corporation is New York Progressive Action Network, Inc. (hereinafter, the “Corporation”). The Corporation, with appropriate consents and public notice, may do business as “NYPAN.”
Section 1.02: Purpose
(a) The Corporation is organized for the purpose of promoting social justice throughout the State of New York, within the meaning of section 501(c)(4) of the Internal Revenue Code, by: putting into action the good will of those who live and work in the State of New York through charitable endeavors, philanthropic projects and political action.
(b) The Corporation is not organized for profit, and no part of the net earnings of the Corporation shall inure to the benefit of any member of the Board of Directors or any other individual except that the Corporation may make payments of reasonable compensation for services rendered.
(c) The Corporation shall not participate in or intervene in any political campaign on behalf of, or in opposition to, any candidate for public office to an extent that would disqualify it from tax exemption under section 501 (c)(4) of the Internal Revenue Code.
(d) The Corporation shall never be operated for the purpose of carrying on a trade or business for profit.
(e) Notwithstanding any provision of these Bylaws, the Corporation shall not carry on any activities not permitted to be carried on by an organization exempt from Federal income tax under section 501(c)(4) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States internal revenue law).