Palatine Gymnastics - The Parents Club
Mission
Statement:
"Our mission is to provide financial support for the Palatine
Gymnastics Club girl's team through fundraising and annual membership
fees. These funds are intended to uphold and enhance the quality of our
coaching, to educate our coaches and gymnasts, to provide
state-of-the-art equipment for our gymnastics facility, and to promote
friendships among team members and their families. We are dedicated to
the growth and success of the Palatine Gymnastics Club, which will
continue its longstanding tradition of being the most highly rated club
of its kind."
All parents of team gymnasts are
voting members of the Parents' Club. The Parents' Club leadership is
slated and elected in the spring. The Parents' Club officers deal
directly with the Gymnastics Coordinator. Meetings are generally held
on the first or second Thursday of every month at Community Center. The
parents are requested to attend all of these meetings for the Club to
continue its success. The first meeting of the year and the last
meeting of the year are MANDATORY MEETINGS. The purpose
of the
Parents' Club is to provide support for all team activities. Your
daughter is a gymnast in the Palatine Gymnastics Club. As a voting
member of the Parents' Club, each parent assumes the responsibility of
being informed of Club policies and activities, as well as volunteering
to promote successful team activities.
The Parents' Club is a tax-exempt,
non-profit organization that has specific fixed operating costs.
The Parents' Club raises funds to support the coaches and the teams
during their competitive seasons. These expenses include:
1) coaches' salaries and travel expenses for all meets up to and
including the state, and regional meets;
2) coaches' clinics and seminars;
3) judges' fees and travel expenses;
4) awards for home meets;
5) awards and recognition gifts for gymnasts and coaches.
Parents' Club funds are also used to purchase equipment. Funds are
raised through the yearly membership fee, leotard and merchandise
sales, sale of ads for meets and show programs, and hosting of home
meets.
Fundraising is an important aspect of the club's responsibility and
focus. In order to maintain our tax-exempt status, there are specific
IRS regulations that we must carefully abide by for generating and
dispersing funds. First, our fundraising activities must be related to
our mission. Second, no individual members or their families or
businesses may profit as a result of our fundraising activities, and no
profits may be dispersed to Parents' Club members.
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