Club Fiscal Policy
A description of how our club handles money spent at meetings and events, and
who qualifies for club subsidies. Original document created in the late 1980s.
Members are always welcome to bring guests to any FLC activity.
If the event has a fee, and is a subsidized activity, the policy is as follows:
Members and their families pay the reduced fee
Guests pay the full price
Definition of FAMILY:
Member's children under age 18
Member's children over the age of 18 (living at home or not) who work at the rally
All others are considered guests
If we have to guarantee a fixed number of people, reservations will be required
with member (and guest) fees paid at the time of reservation.
Social or Business meetings held at members' homes:
The club will reimburse for food, beverage, etc. that is used. People
have been heard to say that they did not like to host events because they
never knew how many people would turn out. The answer to that is -- if all
refreshments are not used at your event -- only charge the club for what you
use, or pass them on to the next host or club meeting. However, except for
special in-home events, it is probably best to ask everyone to bring a
munchie and let the club pay for the beverages.
The club has two 30-cup coffee pots, a volleyball set, metal silverware,
two tarps (16x16) that can be borrowed for club events. Find out ahead of
time who has these items and make arrangements to get them to your event.
A library of video tapes and CDs on maintenance and other motorcycle related
topics is available. Contact a club officer to arrange the loan of one or more
of these tapes.
We are by IRS definition a 501(C)-7 entity, a NOT FOR PROFIT Social/Fraternal
organization. What this means is that our primary purpose, according to our
bylaws, is "furthering interests of motorcycling," in contrast to a vendor whose
prime purpose is to "make money." What matters in this type of organization is the
source of our money, not how much we have in the bank, or how we spend it.
Updated February 1995
- Nancy Fry, original compiler of this document