Loading...
HomeMy WebLinkAboutCF Habitat Articles of Incorporation0 - 1. 4 4 Ll �y ti c•:� G� V CLES OF INCORPORATION a Jj t.. OF CI CAPE FEAR HABITAT FOR HUMANITY, INC. A Non -Profit Corporation The undersigned natural person of the age of twenty-one (21) years or more, acting as incorporator for the purpose of creating a non-profit corporation under the laws of the StatF: of North Carolina, as contained in Chapter 55A of the General. Statutes of North Carolina, entitled "Non -Profit Corporation Act", and several amendments thereto, does hereby set forth: ARTICLE I The name of the Corporation is CAPE FEAR HABITAT FOR HUMANITY, INC. ARTICLE II The period of duration of the Corporation shall be perpetual. ARTICLE III The purposes for which the Corporation is organized are: (1) Exclusively religious, charitable, scientific, literary and educational within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1954 or the corresponding provision of any future United States Internal Revenue Law. Page 1 (2) Through loving acts and spoken word, our desire is to exalt Jesus Christ as Lord, demonstrating His love to all people. In its Habitat program globally, Habitat for Humanity seeks to give witness to the Christian gospel by working in partnership with God's people in need to create a decent i habitat in which to live and work. The aim is to create an environment of hope, dignity, and a truly human existence for all people; as much as possible this should be done with it Ithe recipients of houses making the decisions regarding their development. Wherever possible, we would cooperate with other agencies that have similar purpose, and we seek an ever- expanding company of persons to participate in this ministry, ARTICLE IV The Corporation shall have no capital stock and shall be: composed of members, rather than shareholders. ARTICLE V Membership shall be open to all persons interested in and in sympathy with the objectives of the Corporation, who shall pay dues to it as determined by the Board of Directors, and who meet any additional requirements as set out in the By -Laws. Membership shall not be transferable. ARTICLE VI The governing body of this Corporation shall be the Board of Directors. Directors shall be elected by the Page 2 members of the Corporation entitled to vote for Directors according to the By -Laws of the Corporation. The Board of Directors shall have the authority to make, alter and amend the By -Laws of the Corporation in any manner not inconsistent. with these Articles of Incorporation and the By -Laws of the Corporation. ARTICLE VII The designated title of the officers of the Corporation shall be set forth in the By -Laws. ARTICLE VIII The Corporation shall have all rights and powers as are granted to other corporations of like character under the laws of the State of North Carolina, and specifically those permitted under the provisions of North Carolina General Statutes Section 55A-17. ARTICLE IX (A) Notwithstanding any other provision of these Articles, this organization shall not carry on any other activities not permitted to be carried on by an organization exempt from Federal Income Tax under Section 501(c)(3) of the Internal Revenue Code of 1954 or the corresponding provision of any future United States Internal Revenue Law. (B) In the event of dissolution, the residual assets of the organization will be turned over to one or more organizations which themselves are exempt as organizations described in Sections 501(c)(3) and 170(c)(2) of the Internal Page 3 Revenue Code of 1954 or corresponding sections of any prior or future Internal Revenue Code, or to the Federal, State or local government for exclusive public purpose. (c) No part of the net earnings of the Corporation shall inure to the benefit of, or be distributable to its [ members, directors, officers or other private person, except that the Corporation shall be authorized and empowered to pal - reasonable compensation for services rendered and to make "payments and distributions in furtherance of the purposes set, forth in Article III. a ARTICLE X There shall be three (3) persons constituting the linitial Board of Directors, whose names and addresses are as follows: Name Kathleen M. Shannon Hilda B. Worth Eric Burton Address 113 Dock Street Wilmington, NC 28401 8040 Bald Eagle Lane Wilmington, NC 28405 224 Spruce Drive Wilmington, NC 28403 ARTICLE XI The address of the initial principal and registered I office of the Corporation is 113 Dock Street, Wilmington, New Hanover County, North Carolina. The name of the initial registered agent at such address is Kathleen M. Shannon. 0 Page 4 ARTICLE XII The name and address of the incorporator is as follows: Kathleen M. Shannon 113 Dock Street Wilmington, NC 28401 IN TESTIMONY WHEREOF, I have hereunto set my hand, this the _(� day of February, 1987. Kathleen M. Shannon STATE OF NORTH CAROLINA COUNTY OF BRUNSWICK This is to certify that on the 9_ day of February, 1987, before me, a Notary Public, personally appeared Kathleen M. Shannon, who, I am satisfied, is the person named in and who executed the foregoing Articles of Incorporation, and I having first made known to her the contents thereof she did acknowledge that she signed and delivered the same as her voluntary act and deed for the uses and purposes therein expressed. IN TESTIMONY WHEREOF, (I have hereunto set my hand and b official seal, this the / day of February, 1987. VM a� Notary Public My Commission Expires: 9/7/91 Page 5 °MPARTM� NORTH CAROLINA o Department of the Secretary of State d,CSE ate, ,WOYd To all whom these presents shall come, Greetings: I, Elaine F. Marshall, Secretary of State of the State of North Carolina, do hereby certify the following and hereto attached to be a true copy of ARTICLES OF RESTATEMENT OF CAPE FEAR HABITAT FOR HUMANITY, INC. the original of which was filed in this office on the 14th day of July, 2011. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal at the City of Raleigh, this 14th day of July, 2011. Certification# C201119400060-1 Reference# C201119400060-1 Page: 1 of 6 Secretary of State Verify this certificate online at www.secretary.state.nc.us/verification C201119400060 SOSID: 0203810 Date Filed: 7/14/2011 5:56:00 PM Elaine F. Marshall North Carolina Secretary of State C201119400060 ARTICLES OF RESTATEMENT OF (A NONPROFIT CORPORATION) Pursuant to § 55A-10-06 of the General Statutes of North Carolina, the undersigned corporation hereby submits the following for the purpose of restating its Articles of Incorporation. 1. The name of the corporation is Cape pear Habitat For Humanity, Inc. 2. The text of the Restated Articles of Incorporation is attached. 3. These Restated Articles of Incorporation were adopted by the board of directors and contain an amendment not requiring member approval. The reason member approval is not required is due to there not being any members. 4. These Articles will be effective upon filing. This the -1'day of July, 2011. RoberMaUho Executive Director ND: 4837-7731-5082, v. 1 Certification# C201119400060-1 Reference# C201119400060- Page: 2 of 6 C201119400060 f;. ARTICLES OF RESTATEMENT X1 CAPE FEAR HABITAT FOR HUMANITY, INC. (A NONPROFIT CORPORATION) 1, the undersigned individual, hereby do make and acknowledge these Articles of Restatement are adopted pursuant to the laws of the State of North Carolina as contained in Chapter 55A of the General Statutes of North Carolina, entitled "North Carolina Nonprofit Corporation Act," and the several amendments thereto, and to that end hereby do set forth: Inc. Name: The name of the corporation is Cape Fear Habitat for Humanity, 2. Duration: The period of duration of the corporation shall be perpetual. 3. Principal Office Address: The street and mailing address of the corporation's principal office is 20 North 4th Street, Suite 200, Wilmington, New Hanover County, NC 28401. 4. Repistered Office and Aaent: The street and mailing address of the registered office of the corporation is 20 North 4th Street, Suite 200, Wilmington, New Hanover County, NC 28401; and the name of the registered agent at such address is Robert D. Calhoun. 5. Purposes: The corporation is organized and will be operated exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Code") or any corresponding provision of any future United States Internal Revenue Laws (hereinafter the Code and the corresponding provisions of any future United States Internal Revenue Laws shall collectively be referred to as the "Code"). In order to achieve the foregoing purposes, the corporation shall have the following powers and authority: a. To engage in fund-raising activities and to accept gifts and contributions in any form and of any property, including without limitation, both real and personal property, to be used for the purposes of the corporation. b. To apply for and" secure financial giants from public and private sources for furtherance of the purposes of the corporation. C. To make distributions in any form and of any property, including without limitation, both real and personal property, for the purposes of the corporation. Certification# C201119400060-1 Reference# C201119400060- Page: 3 of 6 C201119400060 d. To undertake any activity whatsoever that is in furtherance, directly or indirectly, of the purposes of the corporation. C. To exercise any and all powers that may be conferred upon nonprofit corporations under Chapter 55A of the North Carolina General Statutes or any corresponding provisions of any future North Carolina Statutes in furtherance of the purposes of the corporation. f. To take any and all action necessary and appropriate to qualify the corporation (i) as exempt under Section 501 (c)(3) of the Code, and (ii) as other than a private foundation pursuant to Section 509 (a) of the Code. 6. Membership: The corporation shall have no members. 7. Board of Directors. The corporation shall be governed by the Board of Directors. The number of Directors, their terms of office, and the method of their selection shall be provided for and determined as is set forth in the bylaws of the corporation. 8. Nonprofit Issues: The corporation is not organized and shall not be operated for pecuniary gain or profit. No part of the property or net earnings of the corporation shall inure to the benefit of, or be distributable to its directors, officers, or any other individuals, except that the corporation shall be authorized and empowered to pay reasonable compensation for services actually rendered and to make payments and distributions in furtherance of the purposes set forth in Article 5 hereof. It is intended that the corporation will qualify at all times as an organization (a) exempt from federal income tax pursuant to Sections 501 (a) and 501 (c)(3) of the Code, (b) other than a private foundation pursuant to Section 509(a) of the Code, and (c) as to which deductible contributions may be made pursuant to Sections 170, 642, 2055 and 2522 of the Code. No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, within the meaning of applicable provisions of the Code, except as may be provided otherwise in Section 501 (h) of the Code, if applicable. If Section 501 (h) is applicable, then the corporation's expenditures to influence legislation shall not exceed the permissible limits of Sections 501 (h) and 4911 of the Code, and shall not be of the type or magnitude that would subject the corporation to tax under Section 4911 of the Code. Further, the corporation shall never directly or indirectly participate or intervene in (including the publishing or distribution of statements) any political campaign on behalf of, or in opposition to, any candidates for public office. Notwithstanding any other provision in these Articles, the corporation shall never engage in any activities that (a) are not in 2 Certification# C201119400060-1 Reference# C201119400060- Page: 4 of 6 C201119400060 furtherance of the charitable purposes for which the corporation is organized, (b) are not permitted to be carried on by a corporation exempt from federal income tax under Section 501 (c)(3) of the Code, to which deductible contributions may be made pursuant to Sections 170, 642, 2055 and 2522 of the Code, and (c) would cause the corporation to not be described in Section 509(a) of the Code. 9. Private Foundation Issues: To the extent that Section 4942 of the Code is applicable to the corporation, the corporation shall distribute amounts for each taxable year at such time and in such manner as not to become subject to the tax imposed by Section 4942 of the Code. To the extent that Section 4941 of the Code is applicable to the corporation, the corporation shall not engage in any act of self -dealing as defined in Section 4941(d) of the Code. To the extent that Section 4943 of the Code is applicable to the corporation, the corporation shall not retain any excess business holdings as defined in Section 4943(c) of the Code. To the extent that Section 4944 of the Code is applicable to the corporation, the corporation shall not make any investments in such manner as to subject the corporation to tax under Section 4944 of the Code. Finally, and to the extent that Section 4945 is applicable to the corporation, the corporation shall not make any taxable expenditures as defined in Section 4945(d) of the Code. 10. Dissolution: In the event of dissolution of the corporation, any net assets remaining after the satisfaction of the corporation's liabilities shall be transferred and delivered to one (1) or more of the following, as shall be selected by the Board of Directors of the corporation: (a) an organization(s) (i) that is organized and operated exclusively for the purposes set forth in Section 5 0 1 (c)(3) of the Code, (ii) that shall at the time qualify as an exempt organization(s) under Section 501 (c)(3) of the Code, (iii) that shall at the time be described in each of Sections 170(b)(1)(A), 170(c), 2055(a) and 2522(a) of the Code, and (iv) that shall at the time be described in Sections 509(a)(1), 509(a)(2), or 509(a)(3) of the Code; or (b) a state or a possession of the United States (or any political subdivision of any of the foregoing), or the United States or the District of Columbia, for exclusively public purposes. Any net assets not disposed of as provided above shall be distributed in accordance with the order of the General Court of Justice in the County in which the principal office of the corporation is located, exclusively for one (1) or more exempt purposes within the 3 Certification# C201119400060-1 Reference# C201119400060- Page: 5 of 6 I C201119400060 meaning of Section 501 (c)(3) of the Code, or to such organization or organizations, as said Court shall determine, which are organized and operated exclusively for purposes set forth in Section 501 (c)(3) of the Code. 11. Limitation on Personal Liability: To the fullest extent provided by law, no director of the corporation shall be personally liable for monetary damages arising out of an action, whether by or in the right of the corporation or otherwise, for breach of any duty as a director. 12. Charitable or Religious Corporation: The corporation is a charitable or religious corporation within the meaning of North Carolina General Statutes § 55A-1-40(4). 11 Effective Date: These Articles of Restatement shall be effective at 12:01 a.m. on t 1, 201. IN TESTIMONY WHEREOF, I have hereunto set my hand, this the 28th day of December, 2010. Robert D. Calloun, Executive Director Prepared by and return to: Adam M. Beaudoin For the firm of Ward and Smith, P.A. 127 Racine Drive University Corporate Center Post Office Box 7068 Greenville, North Carolina 28406-7068 Telephone: (910) 794-4800 M Certification# C201119400060-1 Reference# C201119400060- Page: 6 of 6