This association shall be known as the St. Louis Youth Soccer Association or SLYSA.
The purpose of this Association shall be to develop, promote and govern the game of soccer among youth (Under 19 years of age) within the State of Missouri, and shall be organized and operated exclusively for charitable and educational purposes: and in furtherance thereof: To teach soccer to young athletes by the establishment of leagues, clinics, and schools to promote soccer in the area and all legal power permitted general not-for-profit corporations.
This association shall be an affiliated branch of, and comply with the authority of the United States Youth Soccer Association. This association may also affiliate itself with other governing soccer organizations that provide for the promotion of youth soccer.
This association shall be governed by its Constitution, By-Laws and Rules and Regulations except when these are superseded by the United States Youth Soccer Association and the Missouri Youth Soccer Association.
The governing authority of this association, whose powers shall be delegated in the By-Laws, shall be vested with the Executive Board of this association.
The Executive Board will authorize an annual financial statement meeting the requirements of any secured lender to SLYSA. If there is no financial statement requirement the Executive Board will request a compilation with footnotes to be issued by a firm of Certified Public Accountants. The Executive Board will provide copies of the annual financial statement to the Club Directors within 30 days of its issuance by the CPA firm. The Executive Board will also provide an annual budget and interim internally prepared financial statements to the Club Directors at the Annual General Membership meeting. The budget will be approved at the Annual General Meeting. The Executive Board will make available at its offices a copy of the annual financial statement andForm 990 Report of Exempt Organizations for all members review.
All members or employees who deposit funds of the organization shall be fully bonded.
The affiliation fees for membership will comply with the United States Youth Soccer Association.
This association shall be operated as a non-profit corporation.
No part of the net earnings of the corporation shall inure to the benefit of, or be distributed to, its members, trustees, officers or other private persons except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered.
No substantial part of the activities of the corporation shall be the carrying on of propaganda or otherwise attempting to influence legislation and the corporation shall not participate in or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office.
Not withstanding any other provisions of these articles, the corporation shall not carry on any other activities not permitted to be carried on: a) by corporation exempt from Federal Income Tax under Section 501 C 3 of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law) or: b) by a corporation, contributions to which are deductible under Section 107 C 2 of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law).
Upon the dissolution of the Association, the Executive Board shall, after paying or making provision for payment of all the liabilities of the Association, dispose of all the assets of the Association exclusively for the purposes of the Association in such manner, or such organization or organizations organized and operated exclusively for charitable, religious, educational, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 C 3 of the Internal Revenue Code of 1954 9or the corresponding provision of any future United States Internal Revenue Law), as the Executive Board shall determine. Any such assets not so disposed of shall be disposed of by the Circuit Court of the County in which the principal office of the Association is then located exclusively for such purposes or to such organization or organizations, as said court shall determine, which are organized and operated exclusively for such purposes.
Amendments to the Constitution and By-Laws of this Association, must be proposed in writing to the league office sixty (60) days prior to the Annual General Meeting. Approval of any amendments shall be made by a three-fourths (3/4) majority of the votes cast.
All amendments passed at the Annual General Meeting take effect immediately.