This is confusing...
SECTION 2. COMPOSITION OF THE BOARD AND TERM OF OFFICE
A. At the first called meeting of the membership of this Corporation, the members in good standing shall nominate and elect five (5) members in good standing to serve as Directors for one year. In succeeding years the membership in good standing will nominate, and elect five (5) members in good standing to serve as Directors of the Corporation. The one-year term shall begin on the first day of January of each year. A director may serve consecutive terms with no limitations of the number of terms prescribed by the Corporation.
B. The Directors shall have an organizational meeting to elect Officers of the Corporation by the fifteenth of December to provide transition of the Board.
It looks like the current (not new) Directors (board of directors members) are to elect the officers for the next year, and then on January 1, the new Directors take office. It doesn't say when the Directors are to be nominated and elected, but it must be before January 1.
But then, we have this:
ARTICLE 6
OFFICERS OF THE CORPORATION
SECTION 1. ELECTION AND DUTIES OF OFFICERS
At the organizational meeting of the new Board of Directors, the Board shall elect the President, Vice President, and Secretary/Treasurer of the Corporation. Officers so elected shall serve a term of one (1) year.
Here it says the "new Board of Directors" are to elect the officers. Maybe "new" only applies to the original board at the beginning of the club.