April Beacon

NCYC Regular Meeting Minutes March 9, 2023 Page 4 of 11

P/C Dale Hall

ABYA Report

P/C Hall presented a brief summary of ABYA activities for 2023.

Correspondence

Correspondence received from a Member (anonymously):

Proposal: E liminate special status member categories, “ Senior and Non- boater”(excluding junior members).

Rationale: By having these reduced dues categories, the fixed operating and maintenance costs of the Club is unfairly shifted to the 184 full paying members. This also reduces the revenue of the Club for ongoing operating costs by $25,125 per year (see Table below). Additionally, this causes certain members to pay less for the same benefits that all members enjoy. In the current environment of high inflation and material and labor costs, NCYC can achieve an increase in operating revenue without having to go back to the membership for dues increase. We also need to be aware that we currently have a member waiting list than can backfill any outgoing members.

Dues scenarios summarized in following Table:

Current Member Dues Status:

Revenue

Boating members

184 @ $750 = $ 24 @ $375 = $ 43 @ $375 = $

138,000

Non-boating members

9,000

Senior members

16,125

Total Member Dues

$

163,125

Potential $50 Dues Increase: Boating members

184 @ $800 24 @ $400 43 @ $400

$ $ $

147,200

Non-boating members

9,600

Senior members

17,200

Total Member Dues

$

174,000

Revenue increase

$

10,875

Proposed Elimination of Special Status Categories: Boating members

184 @ $750 24 @ $750 43 @ $750

$ $ $

138,000 18,000 32,250

Non-boating members

Senior members

Total Member Dues

$

188,250

Revenue increase

25,125 $