Managing a Club - The RRCA provides many educational resources about best practices in managing a running club and events. The Officers, Directors, and employees of a running club owe a duty of loyalty to the organization they serve, which requires that in serving their organization they act, not in their personal interests or in the interests of others, but rather solely in the interests of the organization. Clubs are encouraged to develop and adopt a code of conduct or an ethics policy to guide board and club members. Members taking advantage of the RRCA nonprofit group exemption status should take extra care to ensure that they adopt similar policies to comply with the Sarbanes-Oxley Act.
Nonprofit Status - The advantages of nonprofit tax-exempt status are:
- No federal income tax on related business income
- Contributions to your club are tax deductible for the donor
- Non-reimbursed expenses incurred by your board of trustees are deductible on their personal income tax returns
- Postage rates may be lower
- Able to apply for government and private grants
- Greater commitments from sponsors/civic and public groups