NRA Dumps NY to Reincorporate in Texas, Announces New Strategic Plan

NRA TEXAS AR15
The NRA is reincorporating in Texas IMG NRA

U.S.A. -(AmmoLand.com)- The NRA announced a restructuring plan that positions us for the long-term and ensures our continued success as the nation’s leading advocate for constitutional freedom – free from the toxic political environment of New York.

The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.

To facilitate the strategic plan and restructuring, the NRA and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. As you may know, chapter 11 proceedings are often utilized by businesses, nonprofits, and organizations of all kinds to streamline legal and financial affairs.

Under the plan, the NRA will continue what we’ve always done – confronting anti-gun, anti-self-defense, and anti-hunting activities and promoting constitutional advocacy that helps law-abiding Americans. Our work will continue as it always has. No major changes are expected to the NRA’s operations or workforce.

Importantly, our plans do not impact your membership at any level.

NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members. We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearm safety. We will continue to teach hunter safety. But most importantly, we will continue to fight for your freedom and the freedom of all Americans – as we have for all these years. In fact, we are expanding our national platform.

The plan aims to streamline costs and expenses, proceed with pending litigation in a coordinated and structured manner, and realize many financial and strategic advantages.

You know that our opponents will try to seize upon this news and distort the truth. Don’t believe what you read from our enemies. The NRA is not “bankrupt” or “going out of business.” The NRA is not insolvent. We are as financially strong as we have been in years.

But they know today’s announcement makes us bigger, stronger, and more prepared for the fight for freedom.

We are leaving the state of an attorney general who, just a few months ago, vowed to put us out of business through abuse of legal and regulatory power. ​In fact, the gross overreach of the New York Attorney General and New York Governor has been resoundingly criticized by powerful national groups like the ACLU and a host of prominent legal scholars.

Subject to court approval, the NRA is pursuing plans to reincorporate in the State of Texas. The Lone Star State is home to more than 400,000 NRA Members and the site of our 2021 Annual Meeting being held in Houston.

Texas values the contributions of the NRA celebrates our law-abiding members and joins us as a partner in upholding constitutional freedom.

Under this plan, we seek protection from New York officials who illegally abused and weaponized the powers they wield against the NRA and its members. You can be assured the Association will continue the fight to protect your interests in New York – and all forums where the NRA is unlawfully singled out for its Second Amendment advocacy.

This plan represents a pathway to opportunity, growth, and progress.

This is the most transformational moment in the history of the NRA. And it involves all of you.

The NRA will continue to promote its Second Amendment advocacy, sponsor firearms training, and work with its network of instructors and volunteers in furtherance of its mission. This plan actually streamlines all of the NRA’s activities and improves our operational processes.

I know we have welcomed many of you to our headquarters in Fairfax, Virginia. We have no immediate plans to relocate, but we are forming a special committee to explore our strategic options in this regard. We want to determine if there are advantages to relocating our HQ operations to another state. I have asked our leadership team to explore all options that benefit the NRA and its members.

What’s most important is leading the fight for Second Amendment freedom and serving our members. We will do that from anywhere that works best for you and for our cause.

All membership dues and financial donations will be fully dedicated to supporting our operations and public advocacy. This plan actually improves our business. It protects us from costly, distracting and unprincipled attacks from anti-2A politicians aimed at attacking the NRA because we are a potent political force. We know that the gun ban lobby will never stop – fueled by a hatred of your freedoms and by wealthy benefactors. Our plan is the best way to confront them. 

We are now prepared for a better future. In fact, to me, it feels like the dawn of a new day.

We are revitalized, well-positioned, and steadfast in our commitment to fight for you. To learn more, please visit www.nra.org/forward.

Thank you for your unwavering spirit and for being part of the NRA’s future. Both hold incredible promise for our country – and the freedoms in which it believes.

Wayne LaPierre

NRA CEO & EVP

Questions & answers

  1. What did the NRA announce?
    This is a transformational moment for the NRA. We announced a new strategic plan called Project Freedom.The NRA’s new strategic plan involves pursuing reincorporating the Association from the State of New York to the State of Texas – home to more than 400,000 NRA members and site of the 2021 NRA Annual Meeting being held in Houston.The NRA’s restructuring plan also aims to help the NRA streamline costs and expenses, proceed with pending litigation in a coordinated and structured manner, and realize many financial and strategic advantages.The restructuring plan positions our organization for the future – and ensures our continued success as the nation’s leading advocate for constitutional freedom.
  2. Is the NRA going “bankrupt?”
    No. In fact, this move comes at a time when the NRA is in its strongest financial condition in years.To facilitate its reorganization, the NRA and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. The NRA is not insolvent.We expect no impacts to NRA programming.

    Nothing is more important to the NRA than protecting the Second Amendment rights of our law-abiding members. We will be as effective as ever in advocating for your rights, promoting firearms education and training, and engaging in public endeavors.

  3. What happens to my NRA membership?
    Nothing. Your membership remains intact. NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members. We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearms safety. We will continue to teach hunter safety.But most importantly, we will continue to fight for your freedom as we have for all these years. In fact, we are expanding our national platform.
  4. Can people still join the NRA – and why should they?
    Absolutely! There could not be a more exciting time to join the NRA. We are expanding our national platform, and our future is bright and secure. We invite all law-abiding gun owners and all Americans to be part of it.
  5. By filing for chapter 11, is the NRA admitting it mismanaged donor funds?
    Not at all. We have utilized all donor contributions in furtherance of the NRA’s mission. This action is necessitated primarily by one thing:  the unhinged and political attack against the NRA by the New York Attorney General. A restructuring plan is a proven mechanism for streamlining legal and business affairs. All membership fees and donations will continue to be used in furtherance of our Second Amendment advocacy.
  6. Can you guarantee member donations will be used to protect our Second Amendment rights?
    All donations are used for the purpose of advancing the NRA’s mission, period.
  7. Should I donate to the NRA during the chapter 11 process, or should I wait until the Association emerges from the restructuring process?
    We need your support now – as we confront a Biden Administration that has vowed to attack your Second Amendment freedoms. All donations are used in furtherance of our mission.
  8. Will there be impacts to endowed funds?
    No. Endowed funds will still be used to support the NRA’s core mission:  protecting the Second Amendment.
  9. When will the restructuring process be completed?
    This process begins immediately. The NRA is expected to emerge from these proceedings within the next six months.

What can I do to support the NRA?

Join today. Promote our cause. Get fully engaged. We must continue to win the fight for constitutional freedom.


About NRA-ILA:

Established in 1975, the Institute for Legislative Action (ILA) is the “lobbying” arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess, and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution. Visit: www.nra.org

National Rifle Association Institute For Legislative Action (NRA-ILA)

 

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SGT_Wombat
SGT_Wombat
1 month ago

So I guess Wayne decided to get that house in Dallas after all?

Robert
Robert
1 month ago

I might actually be interested and supportive if they were announcing new leadership, but I know that’s never going to happen so, meh.

Dogma Factor
Dogma Factor
1 month ago

The only thing missing in this reorganization plan is Wayne LaPierre’s departure along with his appointed cronies!

I like a lot of my fellow life members, plus the dwindling number of annual members refuse to give money to the NRA as long as Wayne is there!

musicman44mag
musicman44mag
1 month ago

I love it. New York is not going to be able to do anything to them in Texas unless somehow Texas want’s to help them. It’s a state thing not a federal thing. Just like the commies in kommiefornia wouldn’t extradite people to Georgia for moving there, voting and coming back. Georgia cannot send it’s police force into Kommiefornia to get the people who did it. New York can’t send people into Texas to arrest them when the NRA gives them the middle finger when they are telling them they owe money. What a mobster gang mentality. I hate cumo… Read more »

3manfan
3manfan
1 month ago

The beginning of the end. Just because they decide to ‘move’ doesn’t mean the legal issues in NY are going away, they aren’t. The orginization has slowly been losing more & more of its teeth over the past years & Wayne’s been ripping us all off for even longer. I’ve had to hold my nose the last 2 times I’ve renewed & I only did so because they were our last line of defense against the grabbers but I’m afraid the political climate has finally turned too far against us & those legislators that we’ve been able to pay off… Read more »

Bill
Bill
1 month ago

A necessary but highly useful catch-all phrase, “All donations are used for the purpose of advancing the NRA’s mission.” A new suite for Wayne, new carpeting in the board room, maybe even a few dollars to get a little something done. Every dollar obviously helps for something, whether or not the advancement is tangible, significant, fast, or effective. If NRA leadership is well fed, well clothed, and comfortable, that certainly prepares them for the chance to maybe do something wonderful, or at least write another article for American Rifleman (which I rarely receive as a life member, even though it… Read more »

Pastor Roy
Pastor Roy
1 month ago

While they’re “restructuring”, how about getting rid of LaPierre & Cox who are both making over $1,000,000 a year. Bring all of the execs into line with constituents income levels.

Itsherlock
Itsherlock
1 month ago

LaPierre has squandered tens of millions of our dues on himself and a few pals and now defending himself against lawsuits. In 2016 the NRA contributed $52million to the election campaigns. In 2020, that number was just $16million. LaPierre has destroyed the organization and this life member wants him fired.

Crotalus Maxximus
Crotalus Maxximus
1 month ago
Reply to  Itsherlock

I second that Motion!

JDL
JDL
1 month ago

Why not re-incorporate in Nevada where there is no corporate tax? What advantages does Texas give us over Nevada?

Dogma Factor
Dogma Factor
1 month ago
Reply to  JDL

Because Nevada is followed California’s example in becoming anti-gun and continues on that political path. TX corporate tax rate is 1% and they have a nondisclosure agreement with the IRS about sharing tax information. The best corporate tax rate is South Dakota or Wyoming as they have no corporate tax plus no gross receipts tax, but no nondisclosure agreement with the IRS.

Ltbdb
Ltbdb
1 month ago

Time for you to go LaPierre . You’ve been living high on the hog on NRA money and stacked the BOD so you can get away with it. Not another dime from me until you are gone. I supporting GOA and SAF now until your theiving AZZ is gone. You are bad for the NRA. Take your gold plated (rumored to be $15 million) retirement package and get the he11 out.

jj
jj
1 month ago

So, Wayne got caught with his hand in the cookie jar, and now he wants to relocate to a new cookie jar, but tell us that he’s really doing all of this to make us stronger and to get back at those people who caught him!
Nice try, Wayne. You and your cronies are a bunch of thieves who’ve been stealing members’ money for years! Now you’ve been caught.
Karma’s a bitch!!

Mike Carbine
Mike Carbine
1 month ago

Good to hear Mr. LaPierre, always a smart move to ditch the blue states. Finally some good news in all this…muck.