<< Subject: I'm starting a running club?
Date: Sat, Mar 4, 2000 1:36 >>
<< Members:
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>>1) Why did you join your current running club?>>
1) for the coaching/group workouts 2) the newsletter 3) product discounts
available at some local stores
Quote:
>>2) What do you like the most about your running club?>>
Large club with the available of some social interactions.
Quote:
>>3) What aspect of your running club could use the most improvement?>>
Availability of running products through the club.
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>>4) What service do you wish your running club provided?>>
see #3.
Officials:
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>>1) What are the legal and liability considerations that an organizer must
address?>>
Liability insurance. State incorporation. Officers and directors insurance.
Quote:
>>2) What are common problems in getting a running club started and how have
they been resolved?>>
(1) Finding officers and directors who are willing to work for -0- (this, BTW,
is the bain of all not-for-profit organizations) (2) finding bookkeeper who's
willing to work for -0- (3) finding sponsors.
Remember, to start a successful not-for-profit remember this advice: Spread a
wide net. Your best organization should involve *many* people in positions of
responsibility as opposed to a small B.O.D.
Quote:
>>3) Can anyone recommend a good web-site, or non-virtual source for
information concerning start up of a "Not-For-Profit" organization? Not to
worry cynics, racing etiquette will be one of the first topics explored by
this group and we will not seek special consideration in registering for
events.>>
No website, but find yourself a local CPA/attorney who is familiar with tax and
corporate law (who also runs). Here's the drill (1) Incorporate in the state
as a not-for-profit (contact the secretary of state for info) (2) complete a
form 1023 and file with the IRS to seek and receive exempt tax status (3)
remember that each year you must file a tax return with IRS and possibly the
state as well as a filing with the Secretary of State.
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Jennifer - running attorney/cpa who will *not* assist you for free (been there;
done that)