January 2024 Beacon

NCYC Regular Meeting Minutes October 12, 2023 Page 3 of 5

Treasurer, Christa Betts

Financial Report

NORTH CHANNEL YACHT CLUB Profit & Loss by Class Sep-23

Sep-23

Jan - Aug 2023 Year to Date 2023

2023 Budget

Income Activities Clubhouse

$

1,238.00

$

35,707.86

$

36,945.86

$

26,750.00

$

-

$

-

$

-

$

-

H&G

$

-

$

9,386.00

$

9,386.00

$

9,350.00

Publications

$

-

$

-

$

-

$

1,200.00

Supplies

$

29,877.35

$

57,987.11

$

87,864.46

$

120,000.00

Membership

$

1,000.00

$

160,125.00

$

161,125.00

$

167,350.00

Treasurer

$

9,013.84

$

33,175.83

$

42,189.67

$

33,000.00

Transportation

$

-

$

-

$

-

$

-

Flag

$

-

$

14,155.00

$

14,155.00

$

17,000.00

Total Revenue

$

41,129.19

$

310,536.80

$

351,665.99

$

374,650.00

Sep-23

Jan - Aug 2023 Year to Date 2023

2023 Budget

Expenses Activities Clubhouse

$

10,591.26

$

27,520.55

$

38,111.81

$

19,000.00

$

10,158.87

$

38,163.72

$

48,322.59

$

50,000.00

H&G

$

9,166.23

$

29,269.12

$

38,435.35

$

50,000.00

Publications

$

168.25

$

6,127.48

$

6,295.73

$

6,600.00

Supplies

$

15,386.31

$

51,723.57

$

67,109.88

$

85,000.00

Membership

$

543.25

$

7,224.41

$

7,767.66

$

8,950.00

Treasurer

$

14,440.83

$

77,465.73

$

91,906.56

$

62,450.00

Transportation

$

3,854.79

$

1,777.13

$

5,631.92

$

12,000.00

Flag

$

4,000.00

$

20,312.13

$

24,312.13

$

26,000.00

Total Expenses

$

68,309.79

$

259,583.84

$

327,893.63

$

320,000.00

Sep-23

Jan - Aug 2023 Year to Date 2023

2023 Budget

Commodore Projects Walk-in Garage w/ Cooler

$

1,685.58

$

40,133.02

$

41,818.60

$

25,000.00

Robison Seawall

$

-

$

84,564.00

$

84,564.00

$

82,000.00

Walkways South and West of Boatique

$

-

$

10,640.03

$

10,640.03

$

10,000.00

Pedastals

$

-

$

-

$

-

$

6,000.00

Total Expenses

$

1,685.58

$

135,337.05

$

137,022.63

$

123,000.00