Articles of Incorporation
The undersigned, in order to form a Non-Profit Corporation under the provisions of Title 30, Chapter 3, Idaho Code, submits the following articles of incorporation to the Secretary of the State.
ARTICLE 1: Name
The name of the corporation shall be: Vision Charter School.
ARTICLE 2: Purposes and Powers
This Corporation is organized for the basic purpose to do all things reasonable and proper in the operation of a nonprofit charter school within the state of Idaho and to deal generally therein. This corporation is organized exclusively for educational purposes within the meaning of IRC Section 501(c) (3) of the Internal Revenue Code.
Notwithstanding any other provision of these Articles, the corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from Federal Income tax under Section 501(c)(3) of the Internal Revenue Code of 1986 (or corresponding provision of any future United States Internal Revenue Law), or (b) by a corporation, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code of 1986 (or the corresponding provision of any future United States Internal Revenue Law).
This corporation is a nonprofit corporation under the laws of the state of Idaho, and is not formed for pecuniary profit. No part of the income or assets of the corporation are distributable to or for the benefit of its Incorporators, Directors, or Officers, except to the extent permissible by law. The Corporation shall have all powers allowed by law, including, without limitation, those powers described in Section 30-2-24 of the Idaho Code, as amended and supplemented.
ARTICLE 3: Registered Office and Agent
The address of the registered office of the Corporation is 23640 Lansing Lane, Middleton, Idaho 83644, and the name of its initial registered agent is Michelle R. Lambright.
ARTICLE 4: Directors
The number of directors that shall constitute the Board of Directors of the Corporation shall be fixed by the Bylaws, but in any event shall not be less than five (5) and no more than seven (7). The number of directors constituting the initial Board of Directors of the Corporation shall be five (5) and the names and addresses of these persons who are to serve as directors until their successors are elected and shall qualify are:
Jody Benson Caldwell, ID 83607
Michelle R. Lambright Middleton, ID 83644
Kamille Crawford Caldwell, ID 83607
Tracie Wood Caldwell, Idaho 83607
ARTICLE 5: Incorporators
The name and address of the initial incorporator is Michelle R. Lambright 23640 Lansing Lane, Middleton, ID 83644.
ARTICLE 6: Mailing Address
The mailing address of the corporation shall be 23640 Lansing Lane, Middleton, ID 83644.
ARTICLE 7: Membership
The corporation shall have no members and shall exist perpetually or until dissolved according to law.
ARTICLE 8: Dissolution and Distribution
Upon the dissolution of the Corporation the assets of the Corporation shall be distributed to creditors pursuant to Sections 30-3-114 and 30-3-115 of the Idaho Code.Upon winding up and dissolution of this corporation, and paying or adequately providing for the debts and obligations of the corporation, after paying or adequately providing for the debts and obligations of the corporation, the remaining assets shall be distributed to the Idaho Public Charter School Commission, Boise, Idaho.
ARTICLE 9: Non-stock Corporation
The corporation shall not issue certificates of stock and no dividends or pecuniary profits shall be declared or paid to the Incorporators and Directors thereof.
ARTICLE 10: Bylaws
Provisions for the regulation for the internal affairs of the corporation shall be set forth in the Bylaws.
ARTICLE 11: Amendment to Articles
These Articles may be amended only upon the unanimous consent of the Directors.
Revised effective the 23rd day of November 2005.
Jody Benson Michelle R. Lambright