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RideCamp@endurance.net
IRS - AERC Bylaw Change
For those AERC Members who are confused, I say once again, the IRS
currently recognizes AERC as a 501c(3) Federal Tax Exempt organization!!!
However, to retain this most beneficial status, the IRS requires that we
add two paragraphs, identified as (f) and (g) to Article SECOND of our
Articles of Incorporation. It is in the best interests of the AERC
Membership to approve the Bylaws Change required by the IRS.
The alternative could prove to be a large annual expense to AERC and we
all know who is going to end up paying for any increased costs!! For
those who have legitimate questions and don't trust the people you
elected to represent your best interests, feel free to contact your CPA.
Randy Eiland
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