April Beacon

NCYC Regular Meeting Minutes March 9, 2023 Page 3 of 11

Treasurer, Christa Betts

Financial Report

NORTH CHANNEL YACHT CLUB

Profit & Loss by Class Feb-23

Feb-23

Jan-23

Year to Date 2023 2023 Budget

Income Activities Clubhouse

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

- -

$ $

- -

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

- -

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

26,750.00

-

H&G

850.00

850.00

9,350.00 1,200.00

Publications

- -

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

- -

- -

Supplies

120,000.00 167,350.00 33,000.00

Membership

21,462.50

109,675.00

131,137.50

Treasurer

- - - -

- -

- -

Transportation

-

Flag

14,155.00

14,155.00

17,000.00

Kids Tip Jar

-

-

-

Total Revenue

22,312.50

123,830.00

146,142.50 $

374,650.00

Expenses Activities Clubhouse

500.00 780.55

209.38

709.38

19,000.00 50,000.00 50,000.00 6,600.00 85,000.00 8,950.00 62,450.00 12,000.00 26,000.00 320,000.00

1,119.62

1,900.17

H&G

-

793.58 154.09

793.58 661.06

Publications

506.97

Supplies

-

-

-

Membership

137.80

2,158.56 10,386.99

2,296.36 13,828.84

Treasurer

3,441.85

Transportation

116.96

-

116.96

Flag

55.35

13,664.00 28,486.22

13,719.35 34,025.70

Total Expenses

5,539.48

Cash Summary February 2023

Cash

December

December

December

February

2020

2021

2022

2023

Fifth Third Bank

$145,900.00

$245,900.00

$277,378.83

$363,539.38

Total Operating Funds Cash Reserve Fund

$145,900.00 $98,300.00 $244,200.00

$245,900.00 $98,300.00 $344,200.00

$277,378.83 $126,781.60 $404,160.43

$363,539.38 $152,037.85 $515,577.23

Total Cash

Expenses in the amount of $5,539.48 Income in the amount of $22,312.50 Net Income in the amount of $16,773.02 Cash on Hand $515,577.23

Motion: Terry Steinmacher to approve the financial report. Second: Al Douglas. Motion Carried