October 5, 2009

WESTERVILLE, OH — The Carl Spackler Open Championship is the premier amateur sports trip in America. On behalf of the Captains Club, Rick Dosky announced today the golf event has incorporated in the State of Ohio and registered with the IRS. The 9-year event will move forward as a non-profit organization with a '501c7' social club status.

The event started in March 2001 in Myrtle Beach with 9 golfers. It has steadily grown by 877% over the past 8 years. "We pushed through 150 registered members last year," says Rick Dosky of the Spackler community. "We have transitioned the event into a more appropriate structure for long-term goals."

The event name will not change, however, it will now be organized and run by Carl Spackler Open, Inc., which has received all its paperwork to be recognized as a non-profit organization. "We will be implementing some minor changes for the organization, but participants should not notice much," said Dosky. "The non-profit structure will remove personal and tax liability from the Captains Club plus clean up the financial books."

The Captains Club met with multiple attorneys and tax associates over the summer. "We talked at length with the IRS and Department of Taxation within the State of Ohio," says Dosky. "We are very aware of the tax rules and responsibilities and looking forward to 2010."

The Carl Spackler Open, Inc. will close the books on August 31 each year. The new fiscal year will begin September 1.

The non-profit organization moved $5,983 into its new savings accounts last week. "We have opened both a checking and savings account for the event," says Dosky. "Participants will be asked to mail checks to me, but write them out to 'Carl Spackler Open, Inc.'. instead of Rick Dosky."

The 2010 Carl Spackler Open Championship will open its doors to registrations starting November 15, 2009. There are 60 to 90 participants expected to sign for the 10th annual event.