WLUSC is a 501(c) organization, making us a nonprofit organization, exempt from federal income tax under section 501(c)(3) as our primary function is to foster amateur sports competition. These type of organizations usually receive exemptions from state and local sales and property taxes, as well. Our club in the past has not done an adequate job of fulfilling our obligations to maintain this status. Our intention and goal is to make sure this processes, systems, and understanding can be easily transitioned to the next elected board. To help make this possible, we are simplifying our club level accounting into three distinct buckets. This process will also help us make the cost, spend, and overall account as transparent as possible.
Special section for "Current High School Aged" players, see bottom of the page.
This section was revised on 4/7/2018 (R1)
The club is standardizing its player development fee across all teams. We understand each team has a coach with varying levels of license, experience, and tenure with the club. Coaches pay ranges from $500 to $1500 a month according to our new fee schedule. Coaches and teams specifically are part of a large group, the club (similar to government... school taxes). The club will be collecting player development fees, accounting for and ear marking for coaches short and long term development. You should expect the club to be using these funds to pay for coaches licensing moving forward, coaches training and development between licenses (this includes getting paid to attend coaching sessions to ensure participation), and finally standard equipment for coaches, and other items...
This section was established to handle “current high school aged” players. We have stated publicly that our high school based team that were in place prior to this board, would be “grandfathered” allowing them to operate “as-is”. This includes potentially paying a coach a lesser amount then the club is currently willing to offer. The club will simply collect the registration fee for the 2019/2020 seasons, and require the team to transfer funds to the club treasurer, then the club will pay the coaches. This will allow the club to accurately account for and process the coaching pay. The club will only distribute club funds to teams based on the Bucket 1 | Registration outline.
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