Debt Resolution Plan in Progress
Rise Athletic Club paused operations in August 2025. Since that time, we have been working to organize, verify, and resolve all outstanding obligations owed to past members, vendors, and former employees. Several individuals have already received partial payments as part of these ongoing efforts.
We are now in the early stages of finalizing a formal Debt Resolution Plan. This plan will outline the process for addressing all remaining balances, including prepaid memberships, vendor invoices, and wage‑related obligations. It is being structured to ensure clarity, fairness, and a responsible path forward for everyone involved.
After extensive review and professional counsel, moving forward with a formal Debt Resolution Plan has been determined to be the most appropriate and equitable approach for all parties.
The full details of the plan will be released once the final agreements are completed. At this time, no action is required from past members, vendors, or employees.
If you have questions, you may contact us at RACACLLC@gmail.com.
We appreciate your patience as we complete this process. Our commitment is to provide a transparent, organized, and fair resolution for all outstanding obligations. Updates will be posted here as each step is finalized.
W‑2 Information for 2025
Rise Athletic Club paused operations in August 2025. Since that time, we have been working to organize, verify, and resolve all outstanding obligations owed to past members, vendors, and former employees. This includes efforts to recover and restore access to our 2025 payroll records.
Our payroll system became inaccessible after operations ceased, and we are actively working with the provider to regain access so that we can issue the remaining 2025 W‑2 statements. This process is ongoing, and we will provide updates as soon as the records become available.
If you need to file taxes before we regain access
The IRS allows employees to file their tax return even when a W‑2 cannot be obtained due to circumstances such as a dissolved business or inaccessible payroll records. In these situations, the IRS provides Form 4852 (Substitute for Form W‑2), which allows you to file using your final pay stub or other wage records.
Employees may use Form 4852 if:
The employer has closed or dissolved.
Payroll records are unavailable or inaccessible.
A W‑2 cannot be obtained after reasonable attempts.
Form 4852 can be filed with your tax return and is accepted by the IRS as a substitute for a missing W‑2.
No action required at this time
We are continuing our efforts to restore payroll access and issue the official 2025 W‑2 statements. Once the records are recovered, we will notify all former employees immediately.
If you have questions, you may contact us at RACACLLC@gmail.com.
Contact
We will be updating address info for Utah and also our contact team in Utah by 3-12-26.