4897 Buford Hwy, Ste 222 ......................... Làm thuê hay triệu phú
Atlanta, GA 30341-3669.............................. Đời đối xử công bình
Tel (770) 696-1189 .................................... Muốn được đời tưởng thưởng
Fax (770) 696-1587 ................................... Hãy đòi hỏi chính mình ..............(someone wrote this)
http://www.LocThaiCPA.com ....................Email: LocThaiCPA@gmail.com
Monday, April 25, 2011
1. Members of GVACC should not expect personal monetary gain or any form of profit. This is a noble effort to accomplish a high ideal of serving our community.
2. The GVACC's resouces must exceed its costs or expenses in order to fulfill its mission. Please be realistic.
3. GVACC can conduct "businesslike" activities to be able to raise resources necessary to carry out its mission. However, the retail or service operations must be ancillary to GVACC primary mission, or they do not represent a significant activity.
4. The intent of the use of any net proceeds from membership dues and businesslike operations is a critical one in determining how GVACC:
- Accounts for the activity
- Remains transparent, and
- Discloses properly to the public.
5. The properly way to define a nonprofit entity is:
- What does the organization do with its profits? and
- Who benefits from its profits and efforts?
6. Businesses can be philanthropic. However, businesses devote to their mission, and charity is not their mission.
7. Governments try and could offer help. But charity is not their mission, and if they do giving aid, they are infamously slow to act.
8. The public supports government because the public has no choice. The public supports business because the public must consume. The public supports nonprofits because the public wants to contribute to a better society. (Phil Sherman)
9. Businesses and most federal, state, and local governments cannot, and should not put the mission of charity or of solving all of society's needs above their primary missions. To do so would be counterproductive. (Phil Sherman)
10. The nonprofit organization needs planning and budgeting, then giving back within its budget.
Sunday, April 24, 2011
Saturday, April 23, 2011
- Parents mostly say nice things about their children even when their sons/daughters are spoiled rotten brats.
- Anger and negative feeling toward government corruption, abusive spouse and when bad things happen to good people are not bad at all.
Therefore, sometimes we must seek logical or fair way to think rationally and see situations in their true perspective.
Someone does not beat around the bush, who is a straight shooter - who is honest and forthright. This person will use judgmental and harsh language or intolerant statements to provoke reaction or emotion of people in the meeting.
The things he says are negative but good intention is behind the evil tongue. Please do not hate him because of what he said. It's just a roll to play.
Friday, April 22, 2011
To not engage in a regular business of a kind ordinarily carried for profit.
Why would we want to limit ourselves to have a regular cash cow to generate resources for GVACC ops?
As long the net earnings must not inure to the benefit of any private shareholder or individual, then we can have a Regular Cash Cow, right?
No, we cannot.
An organization engaging in business activities is exempt under IRC 501(c)(6) only when it can be determined that such activities do not constitute its primary activity. However, Reg. 1.501(c)(6)-1 provides that an organization whose purpose is to engage in a regular business of a kind ordinarily carried on for profit is not a business league or Chamber of Commerce.
In determining whether an organization is engaging in activities of a kind ordinarily carried on for profit, it is the nature of the business activities that brings them within the category of business activities prohibited by IRC 501(c)(6).
To confuse the issue even further, many nonprofit organizations carry on normal business operations. These include :
- Thrift stores,
- Retail outlets for books and other publications,
- Health-care related businesses, and
- Fairs or expositions
- The list can go on.
However, you can form a wholly controlled philanthropic subsidiary that can most likely apply for and obtain recognition of charitable exempt status under Section 501(c)(3) if it will be operated exclusively for charitable purposes.
We need to be very careful to assure philanthropic subsidiary acts as a charity and about transfering funds between/within GVACC. Charitable money should not be used for trade association purposes.
2. Voicing your opinion/idea about what should or should not be done to improve GVACC
3. Blogging is an excellent way to connect with geniuses and talent people
4. Believing that the world really needs to hear and know about GVACC
5. Getting into disputes in a constructive way, not all blogs are positive comments
6. Having ideas we want to respond to or that we want to instigate
7. Blogging is way to echo back the original discussion, which could be fading gradually
8. Encouraging different voices on different topics as the tools to evolve
9. Journalizing about our feelings and thoughts of GVACC
10. Engaging in controversial topics, or attempting to pursuade others to our thoughts
11. Blogging is not only about giving but also is a way to obtain information. Because information is knowledge and knowledge is power. We want to absorb it, and pass it on
12. Externalizing some troubling thoughts about GVACC
13. Blogging to keep track of GVACC operations
Wednesday, April 20, 2011
1. Mission Statement:
2. Vision Statement
The vision statement is a long-range outlook for where the chamber is headed. This statement is optional.
3. Values Statement
4. Strategic Plan
5. Business or Action Plan
6. Articles of Incorporation
8. Letter of Determinations
9. Sales Tax (if sales & use tax is involved)
10. Occupational License
13. Procedures Manual
14. Leadership Manual
15. Organization Chart
16. Meeting Agenda
17. Board Performance Assessment
18. Committee Description
19. Annual Business Meeting
20. Annual Budget
21. Annual Audit
22. Intellectual Property
23. Financial Reports
24. Software Licenses
25. Membership Application
26. Membership Roster or Directory
27. Position Papers and Advocacy Plan
28. Job Description for Staff
29. Employee Handbook
30. Performance Review
33. Stationery and Envelopes
34. Style Guide
35. Environmental Scan
36. Code of Conduct
37. Antitrust Avoidance Statement
What We Want: (Long-term objectives)
- We want to give back to the community
- We want to help disastrous areas (i.e. tsunami in Japan)
- We want to sponsor scholarships to Vietnamese students.
- We want to be admired
- We want to be great
However, right now we may be prematurely to achieve the things we are wanting. At times, the demands of the mission must wait until there is sufficient resources in place to effectively and efficiently commit to the mission. Therefore, I am asking you to focus on the things we need.
What We Need: (Short-term objectives)
- We need to survive our first year
- We need man power
- We need money
- We need time and resources
When we named ourselves Chamber of Commerce, we already bear a great reputation. Do not worry about polishing or branding our name. When a tiger is born, it already is a mighty animal, but it needs to be grown physically and mentally to dominate the wild. The same principles are applied to GVACC, and the question here is "Can we live up to our reputation?"
Also, please remember a Chamber of Commerce is a partnership of businesses and professional people. It's not a charitable organization, if you want to do charity, we will have a 501(c)(3) later on.
Having said that, I am suggesting the following fundraising ideas:
1) We may need a regular cash cow to generate revenue for GVACC operations. I propose on the long run, we need to have a GVACC Gift Shop or GVACC Thrift Shop to sell the following items:
- Old cell phones (donated by members or others)
- Old books (get donated)
- Old computers (get donated)
- Recycled ink cartridges (get donated)
- Old electronics (get donated)
- Old CDs, DVDs (get donated)
- GVACC greeting cards, Birthday cards, etc.
- GVACC gift items
We can ask Anh Binh (HK mkt) that we could setup few tables in the parking lots to sell the above items as if it's a flea market on Saturday and Sunday.
2) A Car Wash Fundraiser: We can ask High School students to volunteer to do car wash at Hong Kong Mkt parking on weekend for immediate money.
3) Sunday Easter April 24, 2011 Fundraiser: There are many ways to use this event to generate funds.
4) Education Fundraiser: To ask for educational donations, the proceed will be 70% for student scholarships, and 30% goes to GVACC ops.
5) PayPal Fundraiser: To setup PayPal account, and donors all over the country could deposit a minimum $1 a month to this account.
6) Dinner with recent Vietnamese Pageant Fundraiser: We will have an auction for gentlemen to have dinner with the current Vietnamese Pageant, and we ask restaurant to donate a table for two. We could do the same for ladies to have dinner with some prominent bachelors.
Thank you for your time and efforts to setup GVACC.
It is hereby resolved by the membership of GVACC that the Constitution of the Georgia Vietnamese American Chamber of Commerce (hereinafter “GVACC”).
Georgia Vietnamese American Chamber of Commerce
and may be hereafter referred to as GVACC.
Mission, Limitation, Transparency, and Seal
To not engage in a regular business of a kind ordinarily carried for profit. No part of GVACC’s net earnings may inure to the benefit of any private shareholder or individual. GVACC shall observe all local, state and federal laws, which apply to a non-profit organization as defined in Section 501(c)(6) of the Internal Revenue Code.
Premium Investment Membership shall be open to any person, association, corporation, partnership having an interest in the objectives of the GVACC who annually meet the requirements of the certification required of new members as set forth in the by-laws.
4.02 Additional Meetings.
5.03 Selection Procedure
5.05 Term of Office
The GVACC may, by resolution of the Board, provide for indemnification by the GVACC of any and all of the Directors 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 person of having been Directors of the GVACC, except in relation to matters as to which director shall be judged 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 predicted on this existence of much liability of negligence or misconduct.
6.01 Officers, Election, Term
a. The Parliamentarian shall have been a general member of GVACC.
b. The Parliamentarian shall be appointed by the Board of Directors at the close of the annual general meeting at which time he shall immediately take office and the outgoing Parliamentarian at that moment will end all official duties of the office and become a Past Parliamentarian.
11.01 Date of Elections.
Voting for all contested offices shall be by secret ballot and each general member present in good standing shall be entitled to one vote for each office. Voters eligible to vote for the election of Board of Directors of the spring meeting of each year would be those who are members with dues paid as of the first day of March preceding the meeting. Dues must have been received in the Georgia Vietnamese American Chambers of Commerce office as of March 1 to have been deemed received. Proxies shall not be recognized. Order of balloting shall be (1) Board of Directors-3 year term, and (2) Board of Directors-2 year term.
Nomination speeches may precede the balloting for each office not to exceed ten minutes each. A candidate receiving a majority of the votes of any office shall be declared the winner for that office. In the event of a tie, time shall be allotted for caucus and re-balloting shall occur.
This Constitution may be amended at any general meeting, provided copies of the proposed amendment are sent to the membership at least sixty (60) days prior to the meeting, and provided a majority of the members in attendance vote in favor of the amendment.
13.02 Offices Not Filled at General Election.
If any office shall not be filled at the inaugural election, a majority of the existing Board of directors shall fill said office by appointment within forty-five (45) days after said election at a special meeting called for that purpose. If any office shall not be filled at the general annual election, a majority of the existing Board of Directors shall fill said office by appointment within forty-five (45) days after said election at a special meeting called for that purpose. Notice of the time and place of this meeting shall be sent to all voting members and ex-officio members of the Board of Directors and nominations shall be taken and voted upon at this meeting.
Harassment of any kind is not productive and will not be tolerated by GVACC. Any individual bound by these Constitution and Bylaws who is subject to verbally language relating to race, ethnicity, national origin, gender, religion, veteran status, marital status, age, disability or sexual orientation, or who experiences inappropriate physical touching or suggestive language is encouraged to report it immediately to the President. Any individual bound by this Constitution and Bylaws who is aware of such verbally or physically abusive conditions should report such activity immediately. The general policy will be reflected in the personnel procedures and program procedures promulgated by the GVACC to cover its staff as appropriate. However, nothing in this Article will bind the staff of GVACC, who will instead be covered by the procedures contained in their personnel policies and program procedures.
Each GVACC-PAC group shall establish its own by-laws which cannot conflict with this constitution or the by-laws of GVACC. The by-laws of any GVACC-PAC group and any amendments to said by-laws shall be provided to the Board of Directors which must approve the by-laws and any amendments thereto by majority vote before said by-laws or amendments have any effect.
the Philanthropic section without first presenting this proposed announcement to the Board of Directors and the Board of Directors approves the announcement by majority vote.
19.01 Political Endorsements.
Compensation, Reimbursement, Loans and Contracts
No elected Board of Directors, appointed Officers or member of a Committee shall receive compensation for his or her services. The Board of Directors shall be empowered to provide reasonable compensation, together with reimbursement for reasonably incurred expenses, for offices or positions not afforded voting privileges for purposes of corporate decision-making, such as the position of Executive Director.
Notwithstanding the mandates of this Article, at the discretion of the Board of Directors, individual Directors, Officers, members of Committees and employees may be reimbursed in an amount determined by the Board of Directors for expenses reasonably incurred by them in the performance of their duties.
(b) General Members shall adhere to all rules and policies established by GVACC, including but not limited to, confidentiality and nondisclosure of confidential or sensitive information generated by GVACC or its members, whether the same is disseminated or made available by means of the
I am an owner of a business and I am Vietnamese American. I do hereby certify that I am devoted to GVACC’s mission and that I am not a member of an organization that conflict or can conflict with GVACC’s mission. I further agree that in the event that for any reason the nature of my devotion or association changes such that I no longer meet the membership criteria set forth herein, I will immediately notify GVACC and relinquish my membership in GVACC. Further, if other members of my entity are not eligible for membership in GVACC, I will make all reasonable and necessary efforts to implement specific institutional mechanisms (e.g., "Chinese Walls") to effectively prevent any flow of confidential or sensitive information generated by GVACC or its members to such members in my entity; and will, on request, provide the GVACC Board of Directors, or any committee appointed regarding membership criteria, with sufficient details regarding such institutional mechanisms to verify that the interests of GVACC and its members are being protected. Further, I do hereby agree to not use information obtained from GVACC or its members, whether the same is disseminated or made available by means of the GVACC’s website, groups, sections, listserves, seminars or otherwise, to advance interests opposed to those of GVACC, its members; and acknowledge my understanding that such information would include, but not limited to, information about general members, information about associate members, information about premium investment members and information about political goals or strategies of the organization. Further, I do hereby swear or affirm that I shall fully and faithfully abide by the Constitution, the By-Laws and all rules or policies of GVACC which are now or which shall hereinafter be in effect. By signing this application, I do hereby represent that the certifications and statements herein are truthful and correct, and acknowledge my understanding that any false or misleading certifications or statements made as part of a Membership application serve as grounds for expulsion, suspension or censure under section 3.07 of the GVACC By-Laws.
a. Associate Membership shall be open to all persons who are not eligible for General Membership, but who meet one of the following eligibility requirements and who make written application to join in compliance with the fee structure of GVACC:
1. Ineligible for General Membership. All who do not meet the requirements of General Membership under in section 1.01(c).
3. Full-time Professor. All persons who are full-time professors at any college or university within the state of Georgia.
c. The rights and privileges of Associate Members includes all rights under General Membership except eligibility for voting right.
Premium Investment Membership shall require all applicants to be approved by a majority of the Board of Directors.
In addition to the foregoing, all members of GVACC shall be listed prominently by membership classification, business entity each has an ownership interest in, and contact information of entity in each issue of ____________________ and in the annual GVACC directory.
1.06 Endorsement of Applications.
2.01 Payment of Dues.
The annual dues for Associate Members shall be $ 45.00.
The annual dues for Premium Investment Membership shall be $ 10,000.00.
Termination, Suspension or Removal from Membership
If it is found that the member made any false or misleading certifications or statements as part of a Membership application as set forth in section 1.01, or engaged in any unethical conduct or misconduct bringing discredit to said member, the GVACC or his or her own profession, the Board of Directors may further decide whether to submit the members conduct to the attention of his or her own profession sanction body for possible disciplinary action consistent with its rules and procedures. Any such submission for possible disciplinary action shall require a two-thirds vote of the Board of Directors present and voting.
5.01 Special Sections.
There shall be sections which shall be composed of those members who have enlisted and paid section dues which will be determined by the section chairman. These sections shall consist of the following with the purposes and objectives as defined hereafter. Each section shall have a chairman and a co-chairman appointed by the President within ten (10) days after his or her succession to the office of President.
The New Entrepreneurs Section shall serve as a resource for new entrepreneurs with the objectives of facilitating the transition to the actual operation of his or her new business and providing new entrepreneurs with practical experience and knowledge through educational seminars, workshops, opportunities for mentoring, and dissemination of reference materials.