
After months of discussion and expert counsel from member Jim Clemons, the leadership and board of directors of the Averill Lakes Association unanimously voted on March 20, 2025 to recommend to the membership for their approval at the 2025 Annual Meeting that we formally reorganize as a 501(c)(3) charitable organization under the auspices of the Vermont Nonprofit Corporation Act. There were a number of drivers to take this step:
Donations to the ALA will be tax deductible for members and other stakeholders.
501(c)(3) status would make us eligible for matching corporate donations when their employees donate to the ALA.
501(c)(3) status would allow us to seek grant money only eligible for non-profits to fund upcoming recommended Averill Lakes Watershed Action Plan projects.
Incorporating as a Vermont non-profit would provide limited liability to Directors and Officers which will hopefully spur more Director and Officer candidates to come forward
A draft of the new bylaws, a memo from Jim Clemons on the benefits and obligations of reorganizing the ALA as a 501(c)(3), and a link to the Vermont Nonprofit Corporation act can all be found at the Governance section of our website. There you can also see all of the approved minutes of the ALA for the last 3 years. We wanted to give you all plenty of notice of our recommendation and make all of these materials available for your review. This will be part of the new business section of our Annual Meeting where a motion will be made to formally become a Vermont Nonprofit Corporation. After a "second" to the motion, we look forward to a robust discussion and hopefully successful vote to take this next logical step into the future. On behalf of the Leadership and Board of Directors of the Averill Lakes Association, I thank you in advance for your thoughtful consideration. Bernie Gracy President, Averill Lakes Association.