packer presentation
TRANSCRIPT
THE GREEN BAY PACKERS
A PUBLICLY OWNED,
NONPROFIT CORPORATION
WHAT IS A NON PROFIT
CORPORATION
NON PROFIT CORPORATION
CORPORATION FORMED FOR SOME CHARITABLE, RELIGIOUS, EDUCATIONAL, OR SCIENTIFIC PURPOSE OR FOR THE MUTUAL BENEFIT OF ITS MEMBERS, RATHER THAN FOR THE PURPOSE OF MAKING PROFIT.
AUG 18TH 1923
AUG 18TH 1923
ARTICLES OF INCORPORATION WERE FILED WITH WISCONSIN’S SECRETARY OF STATE
ARTICLES OF INCORPORATION
ARTICLES OF INCORPORATION-DOCUMENT THAT CREATES A CORPORATION.
-SERVES AS THE CORPORATION’S CONSTITUTION.
ELEMENTS OF ARTICLES OF INCORPORATION
• NAME
• REGISTERED ADDRESS
• AGENT FOR SERVICE OF PROCESS
• PURPOSES
• DESCRIPTIONS OF STOCK
DESCRIPTION OF STOCKONE OF THE MANY ELEMENTS OF THE ARTICLES OF
INCORPORATION
THE GREEN BAY PACKERSTHE SHAREHOLDERS
WHAT IS A SHAREHOLDER?
ONE WHO OWNS AN INTEREST IN A CORPORATION
THE SHAREHOLDERS
• MAKE THE GREEN BAY PACKERS VIABLE
• SUPPORTING THE TEAM FINANCIALLY BY THE FANS THROUGH 5 STOCK SALES
-1925
-1935
-1950
-1997
-2011
THE SHAREHOLDERS
• PACKER STOCKS ARE LIMITED TO NO MORE THAN TWO HUNDRED THOUSAND SHARES
- NO INDIVIDUAL CAN GAIN CONTROL
- 360,584 PEOPLE ARE OWNERS
- DO NOT RECEIVE ANY DIVIDEND ON THEIR INVESTMENT
GOVERNED BY A BOARD OF DIRECTORS AND A SEVEN MEMBEREXECUTIVE COMMITTEE
COMMITTEE IS ELECTED BY BOARD OF DIRECTORS
EXECUTIVE COMMITTEE
• DIRECTS CORPORATE MANAGEMENT
• APPROVES MAJOR CAPITAL EXPENDITURES
• ESTABLISHES BOARD POLICY
• MONITORS MANAGEMENT'S PERFORMANCE IN CONDUCTING THE BUSINESS AND AFFAIRS OF CORPORATION
ELECTED PRESIDENT
MARK MURPHY
THE GREEN BAY PACKERS
THE ONLY NON PROFIT TEAM IN THE NFL