Bylaws are the rules that direct the board of directors in their work to oversee the corporation.
Read the PMA Bylaws
The PMA is a not-for-profit, 501(c)(3) organization incorporated in the State of Florida, USA.
What is a not-for-profit?
A not-for-profit organization is formed for the purpose of serving a public benefit, not for the pursuit of profits for owners or investors. Non-profits are not privately owned; they are governed by a board of directors who serve as unpaid volunteers. The board determines the organization's mission, which is implemented by a salaried administrative staff. In the event the organization realizes a profit, that profit is reinvested back into the organization to support programs, develop the organization and promote its mission. Profits are not paid to an owner.
What is a 501(c)(3) organization?
A 501(c)(3) organization is a public service entity that qualifies for tax exemption under Internal Revenue Code Section 501(c)(3). Donors to a 501(c)(3) can claim tax deductions based on their contributions to the organization. (Members who derive an income from teaching Pilates may deduct membership and certification fees as business expenses.)