ICP Tax Structure
The ICP is a nonprofit public benefit corporation formed and organized under the Nonprofit Public Benefit Corporation Law of the State of California (Section 5110 et seq. Of the Corporations Code of the State of California).
The Internal Revenue Service determined that the ICP is exempt from federal income tax under Section 501 (a) of the Internal Revenue Code of 1986, as amended (the "Code") as an organization described in Section 501© (3) of the Code. Accordingly, contributions to the ICP, which may be in the form of cash, checks, securities, books, works of art, et cetera, are deductible for the United States of America income tax as is provided for in Section 170 of the Code. In addition, bequests, legacies, devises, transfers, and gifts to or for the benefit of the ICP are deductible for estate and gift tax purposes if such meet the applicable provisions of Sections 2055, 2106, and 2522 of the Code.
Articles of Incorporation and Bylaws
Members may download documents by logging into their Member page
Notice of Proposed Bylaws Change -
Please vote at the 2023 ICP Business
October. (Date and Time to Be Announced).
The ICP Board of Directors has approved a motion to add modify the Dues in Arrear for ICP Membership annual renew, which would require a change to the ICP Constitution, described as:
Constitution. Article 3 new: By-laws 7.2 add: 7.2 Dues Arrears
A. Dues in Arrears Members and Affiliates whose annual dues and assessments have not been paid by June 1st of the year for which they are owed, and have not applied, or been proposed, for Life Membership, may be assessed a one-time late payment fee set by the Board. This fee shall not exceed fifty percent of the amount owing.
B. Dues in Default Members and affiliates whose annual dues and assessments have not been paid by December 31 of the year following the year for which they were owed and have not applied, or been proposed, for life membership shall be automatically dropped from membership in the College.B. Dues in Default Members and affiliates whose annual dues and assessments have not been paid by December 31 of the year following the year for which they were owed and have not applied, or been proposed, for life membership shall be automatically dropped from membership in the College.
C. Extensions and Reinstatement The Secretary is empowered to reinstate delinquent members upon payment of one-year’s dues and assessments. The Secretary, in consultation with the Treasurer, is empowered to extend the time for the payment of dues in cases where a constituent member or affiliate is temporarily unable to pay dues. Such discretion shall be exercised only when the reasons are of a serious nature.
D. Exemptions Honorary members and life members shall pay no dues to the College but may be required to pay other fees, such as journal subscription fees and meeting fees, as determined by the Board.