The Corporation is a non-stock Corporation organized and incorporated under the Connecticut Revised Non-stock Corporation Act, Section 33-1000 et. seq. (the “Act”) and shall have the powers of a Connecticut non-stock Corporation, provided that the activities of the Corporation are not inconsistent with Section 501(c)(3) and Section 170(c)(2) of the Internal Revenue Code of 1986, as amended. The purposes of the Corporation, as set forth in the Certificate of Incorporation, shall be to collectively work to address city issues and neighborhood development, collaborate with public and private entities for effective problem solving and strive for accountability.
In our vision the W.N.C. is comprised of community leaders from the neighborhoods of Waterbury. The W.N.C. encourages citizen participation, in local democracy by being involved in neighborhood issues, city issues and the economic development of Waterbury.
We will focus on strengthening existing neighborhood organizations and assist in the creation of new ones. We will work to maintain the character of our neighborhoods while striving to enhance their quality of life.
The nature of the activities conducted and the purposes promoted or carried out by the Corporation are exclusively charitable and educational, entitling the Corporation to exemption under the provisions of Section 501(c) (3) of the Internal Revenue Code of 1986, as amended, or such corresponding section or sections as may from time to time be in force.
Specifically, said organization is organized exclusively for charitable, religious, education, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.