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ACTION REQUIRED: update to reimbursement policy

By SCRRS, 10/28/17, 3:15PM PDT

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Dear Referees:

To coincide with our preliminary change in status to a 501(c)3 non-profit organization with the IRS, we are required to send Form 1099 to you each year that you receive money from SCRRS.  To set this up correctly, every referee will need to fill out a W9 and send to SCRRS Treasurer.  A blank W9 can be found on the "Reimbursements" page on the right, under "For Referees".

Effective immediately, any matches you referee and request payment/reimbursement for will not be paid out until SCRRS Treasurer has received your signed and completed W9.

You can scan & email, take a photo and email, or drop in the mail and send to P O Box 2153, Nipomo CA 93444.

We have consulted with both the IRS and a tax CPA regarding this adjustment to our payments and reimbursement policy.  They have both indicated the need to follow this process if we are to be in good-standing as a 501(c)(3).  In the event that we are ever audited by the IRS, we need to show how and where the funds we receive are being spent.  This is part of our effort to provide transparent accountability, as well as protect ourselves against financial liabilities or irregularities.

If you have any questions or concerns about this change, please direct them to SCRRS Treasurer (treasurer@scrrs.net).