To be eligible for a rebate, your chapter must hold a minimum of five meetings in a calendar year (January 1 through December 31) and submit meeting minutes, newsletters or other documentation showing evidence of these meetings to the SBE National Office. It is recommended to include a brief description of each meeting and an attendance list.
Rebates are figured by totaling two categories: 15 percent of the SBE dues paid by regular members of the local chapter and $5 for each new regular member who joins the chapter during the year.
The deadline to submit meeting reports for a given year is January 15 of the next year. Rebate checks are written to the chapter and mailed to chapter treasurers by June 1 for the previous year’s meetings. If your chapter needs an IRS Employer Identification Number (EIN) to open a checking account, an EIN is easy to get and can be done online, as well as by phone, fax or mail.
Chapter rebates aren’t the only thing affected by the submission of meeting reports. The Chapter Award for Highest Member Attendance at SBE Chapter Meetings is based on attendance sheets that record all in attendance and their member status.